Rocky Brands Inc 2026年季度报告

UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549FORM 10-Q (Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended June 30, 2026OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number:001-34382 ROCKY BRANDS, INC. (Exact name of Registrant as specified in its charter) No. 31-1364046 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 39 East Canal Street, Nelsonville, Ohio 45764(Address of principal executive offices, including zip code) Registrant's telephone number, including area code:(740) 753‑9100 Name of exchange on which registeredNasdaq Indicate by checkmark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file suchreports), and (2) has been subject to the filing requirements for at least the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period thatthe registrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in 12b-2 of the Exchange Act. ☒Accelerated filer☒Smaller reporting company☐Emerging growth company ☐Large accelerated filer ☐Non-accelerated filer If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ There were 7,491,911shares of the Registrant's Common Stock outstanding on July 31, 2026. TABLE OF CONTENTS Item 1.Financial StatementsCondensed Consolidated Balance Sheets as of June 30, 2026 (Unaudited), December 31, 2025, and June 30,2025(Unaudited)2Condensed Consolidated Statements of Operations for the Three and Six Months Ended June 30, 2026 and 2025(Unaudited)3Condensed Consolidated Statements of Shareholders’Equity for the Three and Six Months Ended June 30, 2026and 2025 (Unaudited)4Condensed Consolidated Statements of Cash Flows for the SixMonths Ended June 30, 2026 and 2025(Unaudited)5Notes to Unaudited Condensed Consolidated Financial Statements6Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations14Item 3.Quantitative and Qualitative Disclosures About Market Risk22Item 4.Controls and Procedures22 PARTII Other InformationItem 2.Unregistered Sales of Equity Securities and Use of Proceeds Item 5.Other InformationItem 6.ExhibitsSIGNATURES Rocky Brands, Inc. and SubsidiariesCondensed Consolidated Balance Sheets(In thousands, except share amounts)(Unaudited) Rocky Brands, Inc. and SubsidiariesCondensed Consolidated Statements of Operations(In thousands, except per share amounts)(Unaudited) Rocky Brands, Inc. and SubsidiariesCondensed Consolidated Statements of Shareholders’Equity(In thousands, except per share amounts)(Unaudited) Common Stock andAdditional Paid-in CapitalTotalSharesRetainedShareholders'OutstandingAmountEarningsEquity Rocky Brands, Inc. and SubsidiariesCondensed Consolidated Statements of Cash Flows(In thousands)(Unaudited) Rocky Brands, Inc. and Subsidiaries Notes to Unaudited Condensed Consolidated Financial Statements(in thousands, except per share amounts) 1. NATURE OF OPERATIONS AND BASIS OF PRESENTATION We are a leading designer, manufacturer and marketer of premium quality footwear and apparel marketed under a portfolio of wellrecognized brand names including The Original Muck Boot Company ("Muck"), XTRATUF, Rocky, Durango,Georgia Boot,Lehigh,Ranger, and the licensed brand Michelin. Our brands have a long history of representing high quality, comfortable,functional, and durable footwear and our products are organized around six target markets: work, outdoor, western,commercialmilitary, duty, and military. In addition, as part of our strategy of outfitting consumers from head-to-toe, we market complementarybranded apparel and accessories that we believe leverage the strength and positioning of each of our brands. The accompanying Unaudited Condensed Consolidated Financial Statements reflect all adjustments that are necessary for a fairpresentation of the financial results. All such adjustments refle