Rocky Brands (RCKY) Misses Q4 EPS by 38c
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Rocky Brands, Inc. Announces Fourth Quarter and Fiscal 2016 Results
February 16, 2017 4:05 PM ESTFourth Quarter Revenue Increased 2.6% to $67.0 Million
Funded Debt Decreased 38.5% Year-Over-Year to $14.6 Million
NELSONVILLE, Ohio--(BUSINESS WIRE)-- Rocky Brands, Inc. (NASDAQ: RCKY) today announced financial results for its fourth quarter and year ended December 31, 2016.
Fourth Quarter 2016 Sales and Income
Fourth quarter net sales increased 2.6% to $67.0 million versus net sales of $65.3 million in the fourth quarter of 2015. The Company reported a fourth quarter net loss of $0.6 million, or ($0.09) per diluted share, compared to fourth quarter net income of $1.4 million, or $0.18 per... More
