Footwear and apparel retailer Rocky Brands returned to profit amid higher sales during the second quarter.
The company’s net sales rose 7.5 per cent to $105.6 million during the quarter ended June 30, with retail sales up 13.9 per cent and wholesale sales up 7.1 per cent.
“The drivers of our top-line performance were broad based and led by Xtratuf, as demand for the brand in our wholesale and e-commerce channels accelerated, along with Muck, which posted its strongest growth in several quarters,” commented CEO Jason Brooks.
On the bottom line, the company reported net income of $3.6 million, a turnaround from net loss of $1.2 million in the year-ago period. Total debt decreased 13.1 per cent to $132.5 million.
“Looking ahead, we are approaching the remainder of 2025 with optimism about the momentum in our business, coupled with the appropriate level of caution given the overall market uncertainty,” said Brooks.
To mitigate the impact of higher tariffs, the company has leveraged its manufacturing facilities in the Dominican Republic and Puerto Rico, among other measures.
“While visibility into consumer demand is currently more challenging, we believe we are well-positioned to navigate the current macroeconomic backdrop and continue delivering value for our shareholders over the near and long term,” the CEO added.
Rocky Brands’ portfolio includes Rocky, Georgia Boot, Durango, Lehigh, The Original Muck Boot Company, Xtratuf and Ranger. The company previously reported a 1.1 per cent sales uplift in the first quarter.
