NEW YORK, May 12, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Rocky Brands, Inc. (“Rocky Brands” or the “Company”) (NASDAQ: RCKY). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Rocky Brands and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On April 28, 2026, Rocky Brands reported its first quarter 2026 financial results. Among other things, the Company disclosed net sales of $124.4 million, reflecting growth of 9.1% year-over-year, but reported gross margins of 36.5%, down from 41.2% in the prior-year period. The Company further reported net income of $1.3 million, compared to $4.9 million in the prior-year period. Rocky Brands attributed the decline in profitability primarily to higher tariff-related costs, which totaled approximately $7.1 million in the quarter. In addition, Rocky Brands disclosed that tariff-related impacts would extend further into the second quarter than previously expected. The Company stated that tariffs would be “split roughly 70-30 between Q1 and Q2 versus our prior view of 80-20,” and that improvement in profitability in the second quarter would be “not as meaningful as we anticipated at the start of the year.” The Company further indicated that it expects second quarter earnings per share to decline year-over-year.
On this news, Rocky Brands’ stock price fell $7.63 per share, or 17.4%, to close at $36.21 per share on April 29, 2026.
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CONTACT:
Danielle Peyton
Pomerantz LLP
dpeyton@pomlaw.com
646-581-9980 ext. 7980
