Rocky Brands boosts Q2 growth and guidance after XTRATUF strength
Rocky Brands reported its fastest growth since 2022, with Q2 net sales up 12.0% year over year to $118.4 million, boosted by an IEEPA tariff refund receivable of about $18 million. GAAP net income nearly quadrupled to $13.9 million. Management expects Q3–Q4 gross margins to improve into the low-40% range excluding refunds, with full-year gross margins around 40% amid higher input costs and freight.