Sales slide sends Rocky to red in 1Q - Business First of Columbus:

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The Nelsonville-based footwear supplier, knownj best for its said it lost $1.12 million, or 20 centsd a share, last quarter. That compares with a profity of $300,915, or 5 cents a a year ago. Revenue fell 17 percent to $50.1 million from $60.54 million on declines in both wholesalr andretail sales, the companyh said. CEO Mike Brooks said in a released that the company is working to counteer lower sales by cutting overhead expenses and shifting retail transactions tothe “Looking ahead, we are confident that the strengthj and diversity of our brans portfolio is intact, and we remain committedc to balancing our spending with current growthg opportunities until market conditionas improve,” Brooks said.
Rocky (NASDAQ:RCKY) last year earnes $1.2 million on $259.5 million in The company produces and markets footwear under the RocktOutdoor Gear, Georgia Boot, Durango and Lehigh names along with licensed brands Zumfoot and Michelin.