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RCKY - Rocky Brands: Net Income +344% Double-Digit Sales Growth Guidance And 86% Upside
May, 05 2021 04:08 PM
Rocky Brands Inc.
Strong 1Q21 earnings with adjusted net income up 344.1% YoY. Robust demand and revenue growth that is expected to continue in 2021. Adjusted gross margins improved 410bps YoY. Honeywell footwear brands acquisition closed in March. Stock up 169% since our initial recommendation in August 2020 and we still expect an upside of 86%. For further details see:
Rocky Brands: Net Income +344%, Double-Digit Sales Growth Guidance And 86% Upside
Stock Information
Company Name:
Rocky Brands Inc.
Stock Symbol:
RCKY
Market:
NASDAQ
Website:
rockybrands.com
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