Rocky Brands Q2 Sales $99.82M Miss $103.80M Estimate
Portfolio Pulse from mahesh@benzinga.com
Rocky Brands (NASDAQ:RCKY) reported Q2 sales of $99.82 million, missing the analyst consensus estimate of $103.80 million by 3.83 percent. This represents a 38.40 percent decrease from the same period last year.
August 04, 2023 | 10:33 am
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NEGATIVE IMPACT
Rocky Brands' Q2 sales missed the analyst consensus estimate and decreased significantly from the same period last year.
Rocky Brands' lower than expected Q2 sales and significant YoY decrease could negatively impact investor sentiment and potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100