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Stock impact report

Is Footwear Turning The Corner on a Rough U.S. Wholesale Market? [Yahoo! Finance]

Rocky Brands, Inc. (RCKY) 
Last rocky brands, inc. earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: rockybrands.com/investors
Company Research Source: Yahoo! Finance
But as the industry wraps up its fiscal year, some brands are already touting recovery in their wholesale businesses — a positive sign for the industry's trajectory in 2024. More from Footwear News Sales of Birkenstock's Closed-Toe Shoe Models Exceed Sandal Revenues for First Time in Q1 Higher Prices, Strong Demand Drive Birkenstock to Record Sales in Q1 This week, Steve Madden said its wholesale channel, which was challenged throughout 2023, showed signs of improvement in Q4, with revenues in that channel up 4.9 percent to $354.8 million. According to BTIG analyst Janine Stichter, Steve Madden's recent results can be viewed as a positive bellwether for the industry and for other companies with sizable wholesale businesses. “We continue to view Steve Madden as an early and outsized beneficiary of the broader wholesale recovery,” explained BTIG analyst Janine Stichter in a Wednesday note to investors. “While overall ordering patterns remain conservative, especially among dep Show less Read more
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