secwatch.observer — SEC 8-K summary
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Issuer:     ROCKY BRANDS, INC. (RCKY)
CIK:        0000895456
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001437749-24-032623
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rocky Brands Q3 net sales down 8.8% to $114.6M; adj. EPS $0.77 vs $1.09 a year ago
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- Net sales $114.6M, down 8.8% YoY; ex non-recurring items decline was 2.4%.
- Gross margin improved 110 bps to 38.1% on favorable retail mix.
- Adjusted net income $5.8M ($0.77 diluted) vs $8.0M ($1.09) in Q3 2023.
- Inventories fell 11.8% to $171.8M; total debt down 29.7% YoY after April refinancing.
- Durango brand and Lehigh CustomFit posted double-digit sales gains, partially offsetting wholesale declines.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895456/000143774924032623/0001437749-24-032623-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895456/000143774924032623/rcky20240822_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-032623

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer