Rocky Brands Turns a Profit in Q4
The bottom line swung to a $4,396,778 profit against a loss of $634,249 last year in the final quarter boosted by 230 basis points of gross margin improvement despite flat sales at $66,993,982 against $66,950,298. RCKY recorded a $2.1 million loss on the disposition of Creative Recreation, but recouped a $2.9 million income tax benefit which included a $3.2 million boost from tax ... Log in to view full article.