McRae Industries Inc - Company Profile
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McRae Industries Inc (McRae Industries) is a designer, manufacturer and distributor of footwear products. The company manufactures, markets and distributes boot products for the children, men and women. It offers its products under Dan Post, Laredo Western Boots, Dingo, McRae footwear, Eldorado, and McRae Industrial brand names. The company, through its McRae Footwear division, manufactures boots for the US military and commercial clients. McRae Industries provides quality combat boots to the men and women serving in the US Army. It operates through its wholly owned subsidiary, Dan Post Boot Company in the US. McRae Industries is headquartered in Mount Gilead, North Carolina, the US.
Headquarters
United States of America
Address
400 North Main Street, P.O. Box 1239, Mount Gilead, North Carolina, 27306-0726
Website
www.mcraeindustries.com
Telephone
1 910 4396147
No of Employees
314
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
MCRAA (OTC)
Revenue (2021)
$124.8M
51.9%
(2021 vs 2020)
EPS
XYZ
Net Income (2021)
XYZ
204.3%
(2021 vs 2020)
Market Cap*
$120.8M
Net Profit Margin (2021)
XYZ
100.3%
(2021 vs 2020)
* As of and is in US$
McRae Industries Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Military Boots | Dan Post Boots |
| Work Boots | Dingo |
| Shoes | Laredo Western Boots |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company secured US$31.4 million from the Defense Logistics Agency Troop Support, Philadelphia, Pennsylvania, the US for the ability to quickly provide short-term facility support services in support of natural disasters. |
| 2023 | Contracts/Agreements | In July, the company secured a US$20 million contract from the Defense Logistics Agency Troop Support, Philadelphia, Pennsylvania for producing combat hot weather boots. |
| 2022 | Corporate Awards | In march, the company’s division McRae Footwear has been awarded by the Defense Logistics Agency of the United States Government. |
Competitor Comparison
| Key Parameters | McRae Industries Inc | Deckers Outdoor Corp | Boot Barn Holdings Inc | Rocky Brands Inc | Phoenix Footwear Group, Inc. |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Mount Gilead | Goleta | Irvine | Nelsonville | Carlsbad |
| State/Province | North Carolina | California | California | Ohio | California |
| No. of Employees | 314 | 4,200 | 2,700 | 2,060 | 42 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| D. Gary McRae | President; Chairman; Chief Executive Officer; Treasurer | Executive Board | - | - |
| James W. McRae | Director; Vice President; Secretary | Executive Board | - | - |
| Charles E. Covatch | President - McRae Footwear | Senior Management | - | - |
| Marvin G. Kiser Sr | Director | Non Executive Board | - | - |
| Hilton J. Cochran, Jr. | Director | Non Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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