Rocky Brands raised its sales by 2 percent to $67.2 million in the third quarter, ended on Sept. 30. The company's retail sales jumped by 21.8 percent to $14.5 million. Wholesale revenues saw more moderate growth of 0.4 percent, reaching $47.2 million. In the military segment, sales decreased from $7 million to $5.4 million. The company booked net income of $5.6 million for the period, up from $5.0 million. Rocky Brands is facing near-term headwinds due to the tariff increase on U.S. imports of shoes from China that went into effect in September, but says it is convinced that it is well positioned to increase profitability over the long term, thanks to the strength of its brand portfolio, the likelihood of improved margins and its internal manufacturing capabilities.
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