Net income surged 37% in the third quarter to $7,212,000 from $5,279,000, boosted by improving margins and lower interest costs, on 7% higher revenues of $122,540,000, up from $114,554,000. Wholesale increased 6% to $89.1 million, while retail increased 10% to $29.5 million, and contract manufacturing grew 4% to $3.9 million. Based on the Q3 results, full-year guidance remains unchanged for revenues up 4% to 5% and earnings per share growth of about 10%.

Xtratuf continued as RCKY’s best-performing brand, with double-digit gains across wholesale and direct-to-consumer e-commerce channels. The line is selling ... Log in to view full article.