Company Reports Q1 Revenue of $124.4M for 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 28 2026
0mins
Reports Q revenue $124.4M, two estimates $122.4M. "The momentum we experienced in our business last year carried over into 2026, driving net sales growth of approximately 9% for the second consecutive quarter," said Jason Brooks, Chairman, President and Chief Executive Officer. "Our first quarter top-line performance was driven by continued strength in XTRATUF and Muck across selling channels, combined with robust demand online for our entire brand portfolio. Profitability was in line with our expectations as we anticipated higher sourcing variances, mainly as a result of increased tariffs of approximately $7.1 million in the first quarter of 2026 compared to the year-ago-period. These tariffs were partially offset with strong full-price selling, channel mix, and our mitigation actions last year, namely raising prices and diversifying our sourcing, including leveraging our own manufacturing facilities. Moving forward, the impact from higher tariffs begins to lessen in the second quarter which, along with current top-line trends, provides a clear path back to gross margins in the low 40 percent range and improvement in profitability over the second half of the year."
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Analyst Views on RCKY
Wall Street analysts forecast RCKY stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 38.660
Low
42.00
Averages
42.00
High
42.00
Current: 38.660
Low
42.00
Averages
42.00
High
42.00
About RCKY
Rocky Brands, Inc. is a designer, manufacturer and marketer of footwear and apparel marketed under a portfolio of brand names, including Rocky, Georgia Boot, Durango, Lehigh, The Original Muck Boot Company, XTRATUF and Ranger. Its segments include Wholesale, Retail and Contract Manufacturing. Its Wholesale segment includes sales of footwear and accessories to several classifications of retailers, including sporting goods stores, outdoor specialty stores, online retailers, marine stores, independent retailers, mass merchants, retail uniform stores and specialty safety shoe stores. Its Retail segment includes direct sales of its products to consumers through its e-commerce Websites, third-party marketplaces, its Rocky Outdoor Gear Store and Lehigh businesses. Its Contract Manufacturing segment includes sales to the United States Military, private label sales and any sales to customers in which it is contracted to manufacture or source a specific footwear product for a customer.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Rocky Brands Under Investigation for Securities Fraud
- Declining Financial Performance: Rocky Brands reported net sales of $124.4 million for Q1 2026, reflecting a 9.1% year-over-year growth; however, gross margins fell from 41.2% to 36.5%, indicating a significant decline in profitability that could undermine investor confidence.
- Profit Decline Reasons: The company posted a net income of $1.3 million, down from $4.9 million in the prior year, primarily due to tariff-related costs totaling approximately $7.1 million, highlighting pressures on cost management that may affect future profitability.
- Extended Tariff Impact: Rocky Brands indicated that tariff impacts would extend into Q2, adjusting the expected split from 80-20 to 70-30, suggesting a less optimistic outlook for profitability improvements than initially anticipated, which may raise investor concerns about future performance.
- Significant Stock Price Drop: Following the disappointing earnings report on April 29, 2026, Rocky Brands' stock price fell by $7.63, or 17.4%, closing at $36.21, reflecting a pessimistic sentiment in the market regarding the company's future prospects.
See More
Rocky Brands Under Investigation for Securities Fraud
- Declining Financial Performance: Rocky Brands reported net sales of $124.4 million for Q1 2026, reflecting a 9.1% year-over-year growth; however, gross margins fell from 41.2% to 36.5%, indicating a significant decline in profitability that may impact investor confidence.
- Profit Decline Reasons: The company posted a net income of $1.3 million, down from $4.9 million in the prior year, primarily due to tariff-related costs totaling approximately $7.1 million, highlighting external economic pressures on profitability.
- Extended Tariff Impact: Rocky Brands anticipates that tariff impacts will extend into Q2, with a revised split of 70-30 instead of the previously expected 80-20, suggesting that short-term profitability improvements will be less significant than anticipated, raising investor concerns about future performance.
- Significant Stock Price Drop: Following this news, Rocky Brands' stock price fell by $7.63, or 17.4%, closing at $36.21 per share on April 29, 2026, reflecting market pessimism regarding the company's future earnings potential.
See More
Rocky Brands Announces 9.7% Increase in Quarterly Dividend
- Dividend Increase: Rocky Brands has declared a quarterly dividend of $0.17 per share, marking a 9.7% increase from the previous $0.15, indicating a positive signal in the company's recovery of profitability, which is likely to attract more investor interest.
- Yield Stability: The forward yield of this dividend stands at 1.98%, reflecting the company's stability and attractiveness in the current economic environment, potentially boosting shareholder confidence and supporting stock price stability.
- Shareholder Benefits: The dividend is payable on June 15, with a record date of June 1 and an ex-dividend date also on June 1, ensuring that existing shareholders can timely enjoy the dividend benefits, thereby strengthening shareholder relations.
- Future Outlook: Rocky Brands forecasts approximately 6% revenue growth for 2026 as tariffs ease and gross margins are expected to rise above 40%, enhancing the company's profitability and bolstering market confidence in its long-term growth potential.
See More
Rocky Brands Under Investigation for Securities Fraud
- Declining Financial Performance: Rocky Brands reported Q1 2026 net sales of $124.4 million, a 9.1% year-over-year increase, yet gross margins fell from 41.2% to 36.5%, indicating a significant decline in profitability that could undermine investor confidence.
- Profit Decline Reasons: The company posted a net income of $1.3 million, down from $4.9 million in the prior year, primarily due to tariff-related costs totaling approximately $7.1 million, reflecting the adverse impact of external economic conditions on operations.
- Extended Tariff Impact: Rocky Brands anticipates that tariff impacts will extend into Q2, adjusting the tariff split to 70-30 from the previous 80-20, suggesting that the expected improvement in profitability will be less optimistic than initially projected at the year's start.
- Significant Stock Price Drop: Following this news, Rocky Brands' stock price fell by $7.63, or 17.4%, closing at $36.21 per share on April 29, 2026, indicating market concerns regarding the company's future outlook.
See More
Rocky Brands Under Investigation for Potential Investor Claims
- Declining Financial Performance: Rocky Brands reported Q1 2026 net sales of $124.4 million, a 9.1% year-over-year increase, yet gross margins fell from 41.2% to 36.5%, indicating a significant decline in profitability that could undermine investor confidence.
- Tariff Cost Impact: The company disclosed tariff-related costs of approximately $7.1 million, primarily driving the decline in profitability, and indicated that the expected improvement in Q2 earnings would be less significant than previously anticipated, potentially further harming shareholder interests.
- Sharp Stock Price Drop: Following the financial results announcement, Rocky Brands' stock price plummeted, damaging investor interests and prompting Johnson Fistel to investigate whether the company violated federal securities laws.
- Investor Claim Opportunities: Johnson Fistel is investigating whether Rocky Brands' executives are liable for investor losses, encouraging affected investors to join the investigation to seek compensation, highlighting concerns over corporate governance.
See More
Rocky Brands Q1 2026 Earnings Call Insights
- Sales Growth: Rocky Brands reported a 9% year-over-year increase in Q1 sales, reaching $124.4 million, driven by legacy styles and compelling new product introductions, indicating sustained competitiveness in the market.
- Profit Pressure: Despite sales growth, gross margins decreased by 470 basis points due to rising tariffs, with management anticipating a reduction in tariff pressure in Q2, which supports the goal of returning gross margins to the 40% range.
- Brand Performance: The XTRATUF and Muck brands showed strong performance in Q1, achieving significant growth, while Georgia Boot experienced a slight decline due to timing factors, highlighting differentiated performance across brands.
- Future Outlook: The company reiterated its revenue growth expectation of approximately 6% for 2026 and projected low-teen EPS growth, emphasizing that a strong order book and potential tariff refunds will be key factors for future earnings growth.
See More
Rocky Brands Under Investigation for Securities Fraud
- Declining Financial Performance: Rocky Brands reported net sales of $124.4 million for Q1 2026, reflecting a 9.1% year-over-year growth; however, gross margins fell from 41.2% to 36.5%, indicating a significant decline in profitability that could undermine investor confidence.
- Profit Decline Reasons: The company posted a net income of $1.3 million, down from $4.9 million in the prior year, primarily due to tariff-related costs totaling approximately $7.1 million, highlighting pressures on cost management that may affect future profitability.
- Extended Tariff Impact: Rocky Brands indicated that tariff impacts would extend into Q2, adjusting the expected split from 80-20 to 70-30, suggesting a less optimistic outlook for profitability improvements than initially anticipated, which may raise investor concerns about future performance.
- Significant Stock Price Drop: Following the disappointing earnings report on April 29, 2026, Rocky Brands' stock price fell by $7.63, or 17.4%, closing at $36.21, reflecting a pessimistic sentiment in the market regarding the company's future prospects.
See More
Rocky Brands Under Investigation for Securities Fraud
- Declining Financial Performance: Rocky Brands reported net sales of $124.4 million for Q1 2026, reflecting a 9.1% year-over-year growth; however, gross margins fell from 41.2% to 36.5%, indicating a significant decline in profitability that may impact investor confidence.
- Profit Decline Reasons: The company posted a net income of $1.3 million, down from $4.9 million in the prior year, primarily due to tariff-related costs totaling approximately $7.1 million, highlighting external economic pressures on profitability.
- Extended Tariff Impact: Rocky Brands anticipates that tariff impacts will extend into Q2, with a revised split of 70-30 instead of the previously expected 80-20, suggesting that short-term profitability improvements will be less significant than anticipated, raising investor concerns about future performance.
- Significant Stock Price Drop: Following this news, Rocky Brands' stock price fell by $7.63, or 17.4%, closing at $36.21 per share on April 29, 2026, reflecting market pessimism regarding the company's future earnings potential.
See More
Rocky Brands Announces 9.7% Increase in Quarterly Dividend
- Dividend Increase: Rocky Brands has declared a quarterly dividend of $0.17 per share, marking a 9.7% increase from the previous $0.15, indicating a positive signal in the company's recovery of profitability, which is likely to attract more investor interest.
- Yield Stability: The forward yield of this dividend stands at 1.98%, reflecting the company's stability and attractiveness in the current economic environment, potentially boosting shareholder confidence and supporting stock price stability.
- Shareholder Benefits: The dividend is payable on June 15, with a record date of June 1 and an ex-dividend date also on June 1, ensuring that existing shareholders can timely enjoy the dividend benefits, thereby strengthening shareholder relations.
- Future Outlook: Rocky Brands forecasts approximately 6% revenue growth for 2026 as tariffs ease and gross margins are expected to rise above 40%, enhancing the company's profitability and bolstering market confidence in its long-term growth potential.
See More
Rocky Brands Under Investigation for Securities Fraud
- Declining Financial Performance: Rocky Brands reported Q1 2026 net sales of $124.4 million, a 9.1% year-over-year increase, yet gross margins fell from 41.2% to 36.5%, indicating a significant decline in profitability that could undermine investor confidence.
- Profit Decline Reasons: The company posted a net income of $1.3 million, down from $4.9 million in the prior year, primarily due to tariff-related costs totaling approximately $7.1 million, reflecting the adverse impact of external economic conditions on operations.
- Extended Tariff Impact: Rocky Brands anticipates that tariff impacts will extend into Q2, adjusting the tariff split to 70-30 from the previous 80-20, suggesting that the expected improvement in profitability will be less optimistic than initially projected at the year's start.
- Significant Stock Price Drop: Following this news, Rocky Brands' stock price fell by $7.63, or 17.4%, closing at $36.21 per share on April 29, 2026, indicating market concerns regarding the company's future outlook.
See More
Rocky Brands Under Investigation for Potential Investor Claims
- Declining Financial Performance: Rocky Brands reported Q1 2026 net sales of $124.4 million, a 9.1% year-over-year increase, yet gross margins fell from 41.2% to 36.5%, indicating a significant decline in profitability that could undermine investor confidence.
- Tariff Cost Impact: The company disclosed tariff-related costs of approximately $7.1 million, primarily driving the decline in profitability, and indicated that the expected improvement in Q2 earnings would be less significant than previously anticipated, potentially further harming shareholder interests.
- Sharp Stock Price Drop: Following the financial results announcement, Rocky Brands' stock price plummeted, damaging investor interests and prompting Johnson Fistel to investigate whether the company violated federal securities laws.
- Investor Claim Opportunities: Johnson Fistel is investigating whether Rocky Brands' executives are liable for investor losses, encouraging affected investors to join the investigation to seek compensation, highlighting concerns over corporate governance.
See More
Rocky Brands Q1 2026 Earnings Call Insights
- Sales Growth: Rocky Brands reported a 9% year-over-year increase in Q1 sales, reaching $124.4 million, driven by legacy styles and compelling new product introductions, indicating sustained competitiveness in the market.
- Profit Pressure: Despite sales growth, gross margins decreased by 470 basis points due to rising tariffs, with management anticipating a reduction in tariff pressure in Q2, which supports the goal of returning gross margins to the 40% range.
- Brand Performance: The XTRATUF and Muck brands showed strong performance in Q1, achieving significant growth, while Georgia Boot experienced a slight decline due to timing factors, highlighting differentiated performance across brands.
- Future Outlook: The company reiterated its revenue growth expectation of approximately 6% for 2026 and projected low-teen EPS growth, emphasizing that a strong order book and potential tariff refunds will be key factors for future earnings growth.
See More
