Rocky Shoes & Boots received a contract from the U.S. Military to produce “Hot Weather” boots for approximately $30 million. Shipment of the boots should start during Q4 with an estimated completion date of December 2006.
The company also reported that it expects net sales of approximately $94 million and diluted earnings per share between $1.13 and $1.15, up from 98 cents last year. For the full year, Rocky expects net sales to be between $294 million and $296 million and earnings per share to be between $2.25 and $2.29, up from earnings per share of $1.74 reported in fiscal 2004.
Looking at 2006, Rocky sees revenues in the $313 million to $318 million range and diluted earnings per share in the $3.05 to $3.15 range.
