Rocky Brands, Inc. Q4 2025 Earnings Call Summary

Anticipating low-teens EPS growth, though earnings will be weighted toward the second half of the year due to front-loaded tariff impacts in Q1. Management has modeled margins based on a 15% tariff rate, though they have only seen an executive order for 10%. They assume these rates will remain for the rest of the year and note that because the company carries six months of inventory, any rate changes in August would not provide a benefit until 2027. ...