Strong Q2 Results
Rocky Brands delivered strong Q2 results, significantly outperforming both last year and their own expectations. Revenue grew by high single digits, and adjusted EPS more than tripled to $0.55 per diluted share.
XTRATUF's Accelerating Momentum
XTRATUF continues to be the fastest-growing brand, building momentum across multiple quarters with strong demand and an expanding distribution network.
Operating Income Growth
Operating income increased by 58.7% to $7.2 million, or 6.8% of net sales, compared to $4.5 million or 4.6% of net sales last year.
Debt Reduction and Interest Expense Decrease
Interest expense decreased to $2.5 million from $6.1 million last year, reflecting lower interest rates and debt levels, with total debt decreasing by 13.1% since June 30 of last year.
Robust Outdoor Category Growth
The Outdoor category is reemerging as a key growth engine, with brands like XTRATUF and Muck driving performance and broadening distribution.
Retail Net Sales Increase
Retail net sales increased by 13.9% to $29.7 million, with strong direct-to-consumer sales and marketing investments driving growth.