US' Rocky Brands hits $453.8 mn in FY24 sales, 5.3% adjusted growth

Rocky Brands, Inc, has reported FY24 net sales of $453.8 million, down 1.7 per cent YoY, though adjusted sales grew 5.3 per cent. Gross margin improved to 39.4 per cent, while income from operations fell to $31.1 million. Net income rose to $11.4 million, or $1.52 per diluted share. Retail sales surged, and Q4 saw strong momentum, driven by increased marketing and demand for Durango and