Q2 2026 Rocky Brands Inc Earnings Call Transcript
Key Points
- Rocky Brands Inc (RCKY) reported a 12% increase in sales for the second quarter, marking the highest growth rate since 2022.
- The company experienced broad-based strength across its portfolio, with several brands delivering double-digit growth, notably XTRATUF, Georgia, and Rocky.
- Direct-to-consumer sales were particularly strong, contributing significantly to the overall sales growth.
- The company recorded a tariff refund receivable, positively impacting gross margins and profitability.
- Rocky Brands Inc (RCKY) raised its full-year guidance, reflecting the strong performance and positive outlook for the third and fourth quarters.
- Wholesale margins declined by 430 basis points due to multiple headwinds, including increased costs and tariff impacts.
- Operating expenses increased as a percentage of net sales, driven by a $1.1 million write-off of accounts receivable due to a customer bankruptcy and higher logistics costs.
- The company faced challenges with expedited shipping and sourcing, impacting gross margins due to increased costs.
- Tariff uncertainty and inflationary pressures continue to influence the operating environment, posing risks to future profitability.
- Muck's sales were down modestly compared to the previous year, driven by a shift in timing of sell-in to the brand's international distributor.
Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to the Rocky Brands second quarter 2026 earnings conference call. (Operator Instructions) I would like to remind everyone that this conference is being recorded, and I will now turn the conference over to Brendon Frey of ICR.
Thanks, everyone, for joining us. Before we begin. Please note that today's session, including the Q&A period, may contain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Such statements are based on information assumptions available at this time and are subject to changes, risks, and uncertainties which may cause actual results to differ materially. We assume no obligation to update such statements.
For a complete discussion of the risks and uncertainties, please refer to today's press release, our reports filed with the Securities and Exchange Commission, including our 10-K for the year ended December 31, 2025.
In addition, the company may
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
