{"id":29333,"date":"2026-04-29T13:47:54","date_gmt":"2026-04-29T13:47:54","guid":{"rendered":"http:\/\/tezgyan.com\/index.php\/2026\/04\/29\/us-rocky-brands-q1-sales-up-9-1-profit-hit-by-tariffs\/"},"modified":"2026-04-29T13:47:54","modified_gmt":"2026-04-29T13:47:54","slug":"us-rocky-brands-q1-sales-up-9-1-profit-hit-by-tariffs","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2026\/04\/29\/us-rocky-brands-q1-sales-up-9-1-profit-hit-by-tariffs\/","title":{"rendered":"US&#8217; Rocky Brands Q1 sales up 9.1%; profit hit by tariffs"},"content":{"rendered":"<p><br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/static.fibre2fashion.com\/Newsresource\/images\/310\/shutterstock-2610674687_321589.jpg\" \/><\/p>\n<div id=\"\">American premium footwear manufacturer Rocky Brands has reported net sales growth of 9.1 per cent to $124.4 million in the first quarter (Q1) of 2026, with retail segment sales up 16.5 per cent to $42.7 million, reflecting strong demand across channels and online. However, higher tariffs of about $7.1 million led to a gross margin decline to 36.5 per cent and a sharp fall in profitability.<\/p>\n<p>\u201cThe momentum we experienced in our business last year carried over into 2026, driving net sales growth of approximately 9 per cent for the second consecutive quarter,\u201d said <strong><em>Jason Brooks, chairman, president and CEO at Rocky Brands.<\/em><\/strong><\/p>\n<p>Rocky Brands has reported net sales up 9.1 per cent to $124.4 million in Q1 2026, with retail rising 16.5 per cent. &#13;<br \/>\nHowever, $7.1 million tariff costs reduced gross margin to 36.5 per cent and hit profits, with net income down 74.5 per cent. &#13;<br \/>\nAdjusted EPS fell to $0.24. &#13;<br \/>\nThe company expects easing tariff pressure and improved margins in the second half of 2026. <\/p>\n<p>He added that performance was driven by strength in XTRATUF and Muck across channels and robust online demand. \u201cProfitability was in line with our expectations as we anticipated higher sourcing variances, mainly as a result of increased tariffs,\u201d said Brooks.<\/p>\n<p>The Rocky Brands earnings report 2026 shows net income declined 74.5 per cent to $1.3 million, while operating income fell 58.2 per cent, reflecting tariff-related cost pressures across the footwear industry financial results landscape. Adjusted diluted earnings per share (EPS) came in at $0.24, down from $0.73, reflecting the impact of tariffs on companies and broader footwear industry financial results, Rocky Brands said in a press release.<\/p>\n<p>\u201cMoving 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 per cent range and improvement in profitability over the second half of the year,\u201d Brooks noted.<\/p>\n<p>Wholesale sales rose 4.8 per cent, while contract manufacturing grew 25 per cent, indicating diversified growth across segments. Inventory declined 1.6 per cent to $172.6 million and total debt fell 5 per cent to $122.2 million, signalling improved balance sheet management.<\/p>\n<p>&#13;<\/p>\n<p class=\"text-right f2fdesk\">Fibre2Fashion News Desk (SG) <\/p>\n<p>&#13;\n    <\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.fibre2fashion.com\/news\/apparel-news\/us-rocky-brands-q1-sales-up-9-1-profit-hit-by-tariffs-310001-newsdetails.htm\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>American premium footwear manufacturer Rocky Brands has reported net sales growth of 9.1 per cent to $124.4 million in the first quarter (Q1) of 2026, with retail segment sales up 16.5 per cent to $42.7 million, reflecting strong demand across channels and online. However, higher tariffs of about $7.1 million led to a gross margin&#8230;<\/p>\n","protected":false},"author":1,"featured_media":29334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-29333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fashion"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/29333","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=29333"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/29333\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/29334"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=29333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=29333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=29333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}