US firm Rocky Brands’ net sales at $461.8 mn in FY23

Rocky Brands reported a 25 per cent sales drop to $461.8 million in FY23, with the wholesale segment down 30.5 per cent.
Retail sales slightly rose by 1.4 per cent.
FY23 gross margin improved to 38.7 per cent, operating income to 7.7 per cent.
Net income fell to $10.4 million.
Q4 FY23 sales decreased by 9.3 per cent with a net income of $6.7 million.

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