trending Market Intelligence /marketintelligence/en/news-insights/trending/yvpzsxtDoEBSZ3k3ceicCA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Rocky Brands swings to loss in Q1


So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?


Industry Top Trends 2021: Oil and Gas


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

The Evolution Of ESG Factors In Credit Risk Assessment: Corporate Governance

Rocky Brands swings to loss in Q1

Rocky Brands Inc. said its normalized net income for the first quarter amounted to a loss of 2 cents per share, compared with the S&P Capital IQ consensus estimate of 14 cents per share.

The per-share result swung to a loss from the prior-year profit of 18 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of $180,910, compared with income of $1.4 million in the year-earlier period.

The normalized profit margin declined to negative 0.3% from 2.1% in the year-earlier period.

Total revenue declined 12.1% year over year to $57.5 million from $65.5 million, and total operating expenses fell 8.4% year over year to $57.8 million from $63.0 million.

Reported net income came to a loss of $227,500, or a loss of 3 cents per share, compared to income of $1.4 million, or 19 cents per share, in the year-earlier period.