Rocky Brands Past Earnings Performance

Past criteria checks 4/6

Rocky Brands's earnings have been declining at an average annual rate of -7%, while the Luxury industry saw earnings growing at 21.1% annually. Revenues have been growing at an average rate of 13.6% per year. Rocky Brands's return on equity is 5.8%, and it has net margins of 2.9%.

Key information

-7.0%

Earnings growth rate

-7.0%

EPS growth rate

Luxury Industry Growth	12.2%
Revenue growth rate	13.6%
Return on equity	5.8%
Net Margin	2.9%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Rocky Brands' (NASDAQ:RCKY) Solid Earnings Have Been Accounted For Conservatively

May 22

Recent updates

The Market Doesn't Like What It Sees From Rocky Brands, Inc.'s (NASDAQ:RCKY) Earnings Yet As Shares Tumble 35%

Nov 01

Rocky Brands' (NASDAQ:RCKY) Solid Earnings Have Been Accounted For Conservatively

May 22

Optimistic Investors Push Rocky Brands, Inc. (NASDAQ:RCKY) Shares Up 27% But Growth Is Lacking

May 03

Is Now An Opportune Moment To Examine Rocky Brands, Inc. (NASDAQ:RCKY)?

May 02

Is Rocky Brands (NASDAQ:RCKY) A Risky Investment?

Feb 16

Rocky Brands: Boot Manufacturer Hoping For Macro-Economic Tailwinds In 2024

Feb 12

Rocky Brands (NASDAQ:RCKY) Seems To Be Using A Lot Of Debt

Sep 25

Rocky Brands (NASDAQ:RCKY) Has Affirmed Its Dividend Of $0.155

Aug 29

Rocky Brands' (NASDAQ:RCKY) Dividend Will Be $0.155

May 21

Rocky Brands' (NASDAQ:RCKY) Dividend Will Be $0.155

Feb 19

When Should You Buy Rocky Brands, Inc. (NASDAQ:RCKY)?

Feb 10

Rocky Brands (NASDAQ:RCKY) Is Paying Out A Dividend Of $0.155

Nov 19

Rocky Brands promotes finance chief to newly-created COO role

Oct 13

Rocky Brands sells NEOS Overshoe to SureWerx, terms were not disclosed

Oct 03

Here's Why Rocky Brands (NASDAQ:RCKY) Is Weighed Down By Its Debt Load

Sep 12

Revenue & Expenses Breakdown

How Rocky Brands makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:RCKY Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	452	13	136
30 Jun 24	463	15	135
31 Mar 24	464	13	137
31 Dec 23	462	10	140
30 Sep 23	475	10	151
30 Jun 23	497	9	158
31 Mar 23	559	13	169
31 Dec 22	615	20	178
30 Sep 22	646	26	178
30 Jun 22	624	20	179
31 Mar 22	594	23	172
31 Dec 21	514	21	147
30 Sep 21	432	18	126
30 Jun 21	385	26	104
31 Mar 21	309	24	82
31 Dec 20	277	21	77
30 Sep 20	265	16	76
30 Jun 20	254	14	74
31 Mar 20	260	15	75
31 Dec 19	270	17	76
30 Sep 19	262	16	73
30 Jun 19	261	15	72
31 Mar 19	257	15	71
31 Dec 18	253	15	69
30 Sep 18	253	15	69
30 Jun 18	251	13	69
31 Mar 18	252	11	68
31 Dec 17	253	10	69
30 Sep 17	253	5	69
30 Jun 17	262	3	71
31 Mar 17	266	0	74
31 Dec 16	260	-2	76
30 Sep 16	259	0	76
30 Jun 16	255	1	77
31 Mar 16	261	5	78
31 Dec 15	269	7	78
30 Sep 15	283	10	79
30 Jun 15	286	11	79
31 Mar 15	286	11	80
31 Dec 14	286	10	81
30 Sep 14	269	7	78
30 Jun 14	266	7	77
31 Mar 14	257	7	75
31 Dec 13	245	7	71

Quality Earnings: RCKY has high quality earnings.

Growing Profit Margin: RCKY's current net profit margins (2.9%) are higher than last year (2.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: RCKY's earnings have declined by 7% per year over the past 5 years.

Accelerating Growth: RCKY's earnings growth over the past year (30%) exceeds its 5-year average (-7% per year).

Earnings vs Industry: RCKY earnings growth over the past year (30%) exceeded the Luxury industry 8.2%.

Rocky Brands Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

Third quarter 2024 earnings released: EPS: US$0.71 (vs US$0.93 in 3Q 2023)

Rocky Brands, Inc. to Report Q3, 2024 Results on Oct 30, 2024

Second quarter 2024 earnings released: US$0.17 loss per share (vs US$0.37 loss in 2Q 2023)

Rocky Brands, Inc. to Report Q2, 2024 Results on Jul 30, 2024

Rocky Brands' (NASDAQ:RCKY) Solid Earnings Have Been Accounted For Conservatively

Rocky Brands, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Recent updates

Rocky Brands, Inc. Declares Quarterly Cash Dividend, Payable on December 17, 2024

Investor sentiment deteriorates as stock falls 25%

Price target decreased by 22% to US$25.00

The Market Doesn't Like What It Sees From Rocky Brands, Inc.'s (NASDAQ:RCKY) Earnings Yet As Shares Tumble 35%

Third quarter 2024 earnings released: EPS: US$0.71 (vs US$0.93 in 3Q 2023)

Rocky Brands' Q3 Was Not As Bad As The Market Reaction, The Stock Is Now A Buy

Rocky Brands, Inc. to Report Q3, 2024 Results on Oct 30, 2024

Rocky Brands: A Rocky Road Makes This One Undesirable

Rocky Brands (NASDAQ:RCKY) Has Affirmed Its Dividend Of $0.155

Second quarter dividend of US$0.15 announced

Rocky Brands, Inc. Declares Quarterly Cash Dividend, Payable on September 17, 2024

Investor sentiment deteriorates as stock falls 22%

Lead Independent Director notifies of intention to sell stock

Second quarter 2024 earnings released: US$0.17 loss per share (vs US$0.37 loss in 2Q 2023)

Rocky Brands, Inc. to Report Q2, 2024 Results on Jul 30, 2024

Rocky Brands Pushes Recent Growth Against Industry Pressures

Independent Director notifies of intention to sell stock

Lead Independent Director notifies of intention to sell stock

First quarter dividend of US$0.15 announced

Rocky Brands' (NASDAQ:RCKY) Solid Earnings Have Been Accounted For Conservatively

Rocky Brands, Inc. Declares Quarterly Cash Dividend, Payable on June 17, 2024

Board Member notifies of intention to sell stock

Investor sentiment improves as stock rises 33%

Lead Independent Director recently sold US$164k worth of stock

Optimistic Investors Push Rocky Brands, Inc. (NASDAQ:RCKY) Shares Up 27% But Growth Is Lacking

Is Now An Opportune Moment To Examine Rocky Brands, Inc. (NASDAQ:RCKY)?

Insufficient new directors

Rocky Brands, Inc., Annual General Meeting, Jun 05, 2024

Rocky Brands, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Investor sentiment deteriorates as stock falls 16%

New major risk - Revenue and earnings growth

Price target increased by 14% to US$20.50

Third quarter dividend of US$0.15 announced

Rocky Brands, Inc. to Report Q4, 2023 Results on Feb 28, 2024

Rocky Brands, Inc. Declares Quarterly Cash Dividend, Payable on March 18, 2024

Is Rocky Brands (NASDAQ:RCKY) A Risky Investment?

Rocky Brands: Boot Manufacturer Hoping For Macro-Economic Tailwinds In 2024

Rocky Brands, Inc. Announces Mike Brooks Provides Notice of His Resignation and Retirement from His Position as Class I Director Effective as of December 31, 2023

Lead Independent Director notifies of intention to sell stock

Upcoming dividend of US$0.15 per share at 2.3% yield

Rocky Brands, Inc. Declares Quarterly Cash Dividend, Payable on December 15, 2023

Investor sentiment improves as stock rises 79%

Rocky Brands, Inc. Provides Sales Guidance for the Fourth Quarter and Full Year of 2023

New major risk - Share price stability

Third quarter 2023 earnings released: EPS: US$0.93 (vs US$0.78 in 3Q 2022)

Rocky Brands, Inc. to Report Q3, 2023 Results on Nov 01, 2023

New minor risk - Market cap size

Rocky Brands (NASDAQ:RCKY) Seems To Be Using A Lot Of Debt

Investor sentiment improves as stock rises 20%

Rocky Brands, Inc. Announces Executive Changes

Rocky Brands (NASDAQ:RCKY) Has Affirmed Its Dividend Of $0.155

Upcoming dividend of US$0.15 per share at 3.3% yield

Rocky Brands, Inc. Declares Quarterly Cash Dividend, Payable on September 15, 2023

New minor risk - Earnings quality

Price target decreased by 13% to US$22.50

New minor risk - Share price stability

Rocky Brands, Inc. to Report Q2, 2023 Results on Aug 01, 2023

Rocky Brands, Inc.(NasdaqGS:RCKY) dropped from Russell 2000 Growth-Defensive Index

Upcoming dividend of US$0.15 per share at 3.2% yield

Rocky Brands' (NASDAQ:RCKY) Dividend Will Be $0.155

Investor sentiment deteriorates as stock falls 29%

First quarter 2023 earnings released: US$0.054 loss per share (vs US$1.01 profit in 1Q 2022)

Full year 2022 earnings released: EPS: US$2.80 (vs US$2.82 in FY 2021)

Upcoming dividend of US$0.15 per share at 2.2% yield

Rocky Brands' (NASDAQ:RCKY) Dividend Will Be $0.155

Rocky Brands, Inc. to Report Q4, 2022 Results on Feb 23, 2023

Rocky Brands, Inc. Declares Quarterly Cash Dividend, Payable on March 15, 2023

Rocky Brands, Inc. Announces Management Changes

When Should You Buy Rocky Brands, Inc. (NASDAQ:RCKY)?