Rocky Shoes & Boots registers record revenues in Q3
27 Oct '05
3 min read
Nine Month Results Net sales for the nine months ended September 30, 2005 increased 122.5% to $221.1 million compared to $99.3 million a year ago. This was primarily a result of the EJ Footwear acquisition, which contributed $121.6 million in revenue during the period.
Gross profit increased to $84.0 million, or 38.0 percent of sales, from $29.4 million or 29.6 percent of sales, for the same period last year. The 840 basis point increase was primarily due to sales of EJ Footwear product which carry a higher gross margin than Rocky products.
Outdoor company Rocky Shoes & Boots Inc designs, develops, manufactures and markets premium quality rugged outdoor, occupational, and casual footwear, as well as branded apparel and accessories. Company's footwear, apparel and accessories are marketed through several distribution channels, primarily under owned brands, ROCKY and GATES, and as a result of the acquisition of EJ Footwear, GEORGIA BOOT, LEHIGH, DURANGO, and the licensed brand DICKIES.