All Rocky Brands articles – Page 2
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News briefsHoneywell acquisitions fuel Rocky Brands’ fishing and outdoor business
At Baird’s virtual 2021 Global Consumer, Technology Services Conference, Rocky Brands said the addition of the Muck , Xtratuf , Servus , Neos and Ranger brands is pushing the company further into the fishing category and the booming outdoor market in general. Rocky Brands ...
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News briefs
CEO Jason Brooks appointed Rocky Brands’ chairman of the board
U.S. footwear and apparel company Rocky Brands announced that the company’s CEO, Jason Brooks , has been named chairman of the board of directors, following the decision of his father, Mike Brooks , to step down from this position he had held since 2005. Mike Brooks will continue to ...
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News briefsRocky Brands reports higher Q1 revenue, net income
U.S.-based footwear and apparel maker Rocky Brands reported soaring first-quarter revenue and net income on the back of strong demand from its wholesale and direct-to-consumer channels. The company said revenue for the three months to March 31 rose 57.3 percent to $87.7 million. Wholesale segment sales increased 69.1 percent, ...
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Article
Outdoor companies’ stocks up by 18.9% in Q1
The average stock market value of 31 selected public companies in the outdoor sector saw a sequential improvement of 18.9 percent between the fourth quarter of 2020 and the first quarter of 2021, buoyed by the strong performance of stock markets across the globe, fueled by recovery hopes. This reflects ...
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News briefsRocky Brands finalizes takeover of Honeywell's footwear business
Rocky Brands has completed its $230 million acquisition of the performance and lifestyle footwear operations of Honeywell International , noting that it will be immediately accretive to its own results. The business, which includes The Original Muck Boot Company and the Xtratuf, Servus, NEOS Overshoe , Rocky ...
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ArticleRocky Brands invests $230m to buy footwear brands from Honeywell
Rocky Brands has agreed to acquire the performance and lifestyle footwear business of the U.S. conglomerate Honeywell International for $230 million. The deal is expected to close in the first quarter of 2021. The assets acquired are The Original Muck Boot Company , Xtratuf , Servus , ...
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ArticleRocky Brands’ momentum continues
After several quarters of good results, Rocky Brands ended the year on a high, scoring a net income increase of 41.0 percent for the fourth quarter to $5.1 million, on revenues that went up by 12.1 percent to $75.3 million, both exceeding analysts’ forecasts. The management attributed the ...
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