Rocky Shoes & Boots reports record Q3 revenues
27/10/2005
Rocky Shoes & Boots, Inc. has reported record financial results for the third quarter and nine-month period ended September 30, 2005. For the three months ended September 30, 2005, net sales increased 88% to a record $94.1 million compared with $50.1 million for the corresponding period a year ago. Net income rose to $6.5 million versus $4.9 million.
For the nine months ended September 30, 2005, net sales increased 122.5% to $221.1 million compared with $99.4 million for the nine months ended September 30, 2004. Net income rose to a record $10.4 million versus $6.4 million a year ago.
On January 6, 2005, Rocky Shoe & Boots, Inc. completed the acquisition of EJ Footwear Group. The results for the three-month and nine-month period ended represent the performance of the consolidated company, while the year ago results reflect Rocky Shoes & Boots on a stand-alone basis.
Rocky Shoes & Boots designs, develops, and manufactures rugged outdoor, occupational, and casual footwear, as well as branded apparel and accessories. The company's footwear, apparel and accessories are marketed under the brands, Rocky and Gates, and as a result of the acquisition of EJ Footwear, Georgia Boot,
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