Rocky Brands, Inc. delivered strong Q3 '25 results, with broad-based revenue growth and significant gross margin expansion, especially in Muck and XTRATUF brands. RCKY's gross margin gains are largely due to price increases and FIFO accounting, but these benefits are expected to reverse in Q4 '25 due to tariffs. Despite positive brand momentum and debt reduction, concerns remain over tariff impacts, slow inventory turnover, and reliance on pricing rather than volume growth.
Rocky Brands, Inc. (NASDAQ:RCKY ) Q3 2025 Earnings Call October 28, 2025 4:30 PM EDT Company Participants Jason Brooks - Chairman, CEO & President Thomas Robertson - COO, CFO & Treasurer Conference Call Participants Cody McAlester Janine Hoffman Stichter - BTIG, LLC, Research Division Jonathan Komp - Robert W. Baird & Co. Incorporated, Research Division Presentation Operator Good afternoon, ladies and gentlemen, and thank you for standing by.
Rocky Brands is upgraded from 'hold' to 'buy' as operational improvements and growth prospects emerge. RCKY's retail segment is thriving, with strong e-commerce and brand momentum, offsetting wholesale challenges and driving revenue growth. Management is mitigating tariff impacts through strategic sourcing, cost controls, and price increases, positioning RCKY competitively.
| Textiles, Apparel & Luxury Goods Industry | Consumer Discretionary Sector | Jason S. Brooks CEO | XFRA Exchange | US7745151008 ISIN |
| US Country | 2,530 Employees | 1 Dec 2025 Last Dividend | - Last Split | 3 Feb 1993 IPO Date |
Rocky Brands, Inc., originally known as William Brooks Shoe Co., is a prominent enterprise that has been contributing to the footwear and apparel market since its inception in 1932. Based in Nelsonville, Ohio, the company has carved a niche for itself in both the national and international markets. Its business operations are segmented into Wholesale, Retail, and Contract Manufacturing, through which it offers a wide range of products. Rocky Brands is not just limited to a conventional consumer base; it extends its product offerings to various sectors including outdoor enthusiasts, industrial and construction workers, hospitality workers, military personnel, and more. The versatility and breadth of its product lines, combined with a multifaceted distribution network, underscore the company’s commitment to quality, innovation, and customer service.
Rocky Brands, Inc. has developed a diversified portfolio to cater to myriad customer needs across different sectors. Here's a breakdown of its key offerings:
The company’s brand portfolio includes well-known names like Rocky, Georgia Boot, Durango, Lehigh, Muck, XTRATUF, Servus, Ranger, and Michelin. This broad range of brands allows Rocky Brands, Inc. to cater to diverse markets, including commercial military gear, outdoor sports, and safety footwear, among others.