Rocky Brands' Q3 Was Not As Bad As The Market Reaction, The Stock Is Now A Buy

Group 1 - Rocky Brands, Inc. (NASDAQ: RCKY) reported Q3 2024 results with revenues down year-over-year and more challenged margins [1] - This marks a change in the trend of revenues and operating margins that had previously been growing when adjusted for non-recurring factors [1] - The company is experiencing a shift in financial performance, moving away from a trend of deleveraging [1]