Rocky Brands director Dwight Smith acquires $4,691 in stock

NELSONVILLE, Ohio—Dwight Eric Smith, a director at Rocky Brands , Inc. (NASDAQ:RCKY), has increased his stake in the company through a recent acquisition of common stock. According to a filing with the Securities and Exchange Commission, Smith purchased 200 shares on June 4, 2025, at an average price of $23.4566 per share, totaling approximately $4,691. Following this transaction, Smith holds a direct ownership of 12,434 shares in the company. The purchase comes as InvestingPro analysis shows Rocky Brands trading below its Fair Value, with the company maintaining a healthy 2.67% dividend yield and a 13-year track record of consistent dividend payments. 

This acquisition reflects Smith’s continued confidence in Rocky Brands, a company known for its footwear and apparel products. The transaction was executed without any involvement in equity swaps. The company demonstrates solid financial health with a current ratio of 2.64 and strong recent performance, showing positive returns over both one-month and three-month periods. For deeper insights into RCKY’s valuation and 11 additional exclusive ProTips, visit InvestingPro.

In other recent news, Rocky Brands Inc. reported its Q1 2025 earnings, surpassing expectations with earnings per share (EPS) of $0.73, compared to the forecasted $0.61, marking a 19.7% positive surprise. However, the company experienced a slight revenue miss, reporting $114.1 million against the expected $116.56 million. Despite the revenue shortfall, Rocky Brands achieved a record gross margin of 41.2% and saw a significant 20.5% increase in retail sales year-over-year. The company has been strategically shifting production away from China to mitigate tariff impacts, which is a part of its broader plan to navigate macroeconomic challenges. 

Rocky Brands reaffirmed its full-year 2025 guidance, anticipating low single-digit revenue growth and a slight decline in gross margins, with planned price increases in Q2 to maintain gross profit dollars. The company’s CEO, Jason Brooks, highlighted their adaptability and strategic sourcing and pricing initiatives during the earnings call. CFO Tom Robertson noted that the company is in a strong inventory position, allowing it to manage tariff impacts effectively. These recent developments demonstrate Rocky Brands’ resilience and strategic direction despite ongoing challenges.

Rocky Brands director Dwight Smith acquires $4,691 in stock

Rocky Brands director Dwight Smith purchased 200 shares of the company at $23.4566 per share, totaling $4,691. The transaction reflects confidence in Rocky Brands, which reported Q1 2025 earnings exceeding expectations, despite a revenue miss. The company is shifting production away from China to mitigate tariffs and reaffirmed 2025 guidance.