Rocky Brands Q1 Sales Steady, EPS Flat Amid Brand Impairment
Ticker: RCKY · Form: 10-Q · Filed: May 8, 2025 · CIK: 895456
| Field | Detail |
|---|---|
| Company | Rocky Brands, Inc. (RCKY) |
| Form Type | 10-Q |
| Filed Date | May 8, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: earnings, impairment, financial-results
TL;DR
Rocky Brands Q1 sales flat at $74.5M, EPS $0.155. Muck brand impairment noted from 2024.
AI Summary
Rocky Brands, Inc. filed its 10-Q for the period ending March 31, 2025. The company reported net sales of $74.5 million for the first quarter of 2025, compared to $74.2 million in the same period of 2024. Earnings per share were $0.155 for Q1 2025, up from $0.155 in Q1 2024. The filing also mentions a prior impairment of the Muck brand for the year ended December 31, 2024.
Why It Matters
This filing provides insight into Rocky Brands' financial performance in early 2025, showing stable sales and earnings, but also referencing a past impairment that could affect future valuations.
Risk Assessment
Risk Level: medium — The mention of brand impairment and the inclusion of zero dilutive shares due to past net losses suggest potential underlying financial challenges or volatility.
Key Numbers
- $74.5M — Net Sales (Q1 2025 performance, showing slight increase from Q1 2024.)
- $0.155 — EPS (Q1 2025 earnings per share, consistent with Q1 2024.)
- 2024 — Impairment Year (Year of Muck brand impairment, impacting prior financial periods.)
Key Players & Entities
- ROCKY BRANDS, INC. (company) — Filer
- Muck (company) — Impaired Brand
- $74.5 million (dollar_amount) — Q1 2025 Net Sales
- $0.155 (dollar_amount) — Q1 2025 EPS
- March 31, 2025 (date) — Reporting Period End
FAQ
What was the specific reason for the impairment of the Muck brand in 2024?
The filing states the impairment relates to a net loss for the six months ended June 30, 2023, and for the three months ended June 30, 2024 and 2023, which also resulted in zero dilutive restricted share units and stock options being included.
How did net sales in Q1 2025 compare to Q1 2024?
Net sales for the first quarter of 2025 were $74.5 million, compared to $74.2 million for the first quarter of 2024.
What was the diluted earnings per share for the first quarter of 2025?
The diluted earnings per share for the first quarter of 2025 was $0.155.
Are there any dilutive securities impacting the EPS calculation in Q1 2025?
No, due to a net loss for the three months ended June 30, 2024 and 2023, zero dilutive restricted share units and stock options are included for the period because the effect would be antidilutive.
What is Rocky Brands, Inc.'s fiscal year end?
Rocky Brands, Inc.'s fiscal year ends on December 31.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 8, 2025 regarding ROCKY BRANDS, INC. (RCKY).