WEYS

Shares of Weyco Group, Inc. WEYS have gained 6.9% since the company reported results for the quarter ended March 31, 2026, outperforming the S&P 500 index’s 2.9% rise over the same period. However, over the past month, the stock has declined 1.6%, lagging the S&P 500’s 8.6% increase. Weyco reported first-quarter 2026 earnings per share of 64 cents, which increased from 57 cents in the prior-year quarter. Net sales of $68 million remained essentially flat from the year-ago quarter. Despite stagnant revenues, profitability improved, aided by lower expenses. Earnings from operations increased 7% year over year to $7.5 million from $7 million, while net earnings rose 10% to $6.1 million from $5.5 million. Gross margin narrowed to 44.2% from 44.6% due to tariff-related cost pressures. Weyco Group, Inc. price-consensus-eps-surprise-chart | Weyco Group, Inc. Quote Weyco’s North American wholesale segment generated net sales of $53.6 million, down 1% year over year. Performance varied across brands. Florsheim sales increased 5%, benefiting from continued strength in the dress shoe category, while Stacy Adams and BOGS sales declined 9% and 11%, respectively, because of softer retailer demand. Nunn Bush sales were unchanged from the prior year. Wholesale operating earnings rose 5% to $7 million as lower selling and administrative expenses offset weaker margins. Retail segment sales rose 2% to $8.8 million, supported by stronger e-commerce demand, particularly for Florsheim products. Retail operating earnings improved to $0.8 million from $0.6 million in the prior-year quarter. Meanwhile, Florsheim Australia sales increased 10% to $5.6 million, largely due to favorable currency movements, though sales in local currency were flat. The business recorded an operating loss of $0.2 million, unchanged from the prior year. Management said incremental tariffs remained a major headwind during the quarter. The company disclosed that it paid approximately $19.8 million in tariffs during 2025 and the first quarter of 2026, with the tariffs increasing product costs by 19% to 50%. Although price increases implemented in the second half of 2025 helped offset some of the pressure, gross margins remained compressed. CEO Thomas Florsheim Jr. noted that Weyco raised prices by 10% last July, which partially mitigated the impact of the tariffs. He added that margins improved somewhat under...

Image source: The Motley Fool. Wednesday, May 6, 2026 at 11 a.m. ET Chief Executive Officer and Chairman — Thomas W. Florsheim President and Chief Operating Officer — John W. Florsheim Chief Financial Officer — Judy Anderson Judy Anderson: Thank you. Good morning, and welcome to Weyco Group, Inc.'s conference call to discuss first quarter 2026 results. On the call with me today are Thomas W. Florsheim, chairman and chief executive officer, and John W. Florsheim, president and chief operating officer. Before we begin to discuss the results for the quarter, I will read a brief cautionary statement. During this call, we may make projections or other forward-looking statements regarding our current expectations concerning future events and the future financial performance of the company. We wish to caution you that these statements are just projections and that actual events or results may differ materially. We refer you to the section entitled Risk Factors in our most recent annual report on Form 10-K, which provides discussion of important factors and risks that could cause our actual results to differ materially from our projections. These risk factors are incorporated herein by reference. They include, in part, the uncertain impact of U.S. trade and tariff policies, which remain highly dynamic and unpredictable; the impact of inflation on our costs and consumer demand for our products; increased interest rates; and other macroeconomic factors that may cause a slowdown or contraction in the U.S. or Australian economies. Overall net sales for 2026 were $68 million, flat compared to 2025. Consolidated gross earnings were 44.2% of net sales compared to 44.6% of net sales last year. Earnings from operations were $7.5 million for the quarter, up 7% from $7 million in 2025. Net earnings totaled $6.1 million, up 10% from $5.5 million last year. Diluted earnings per share were $0.64 in 2026, up from $0.57 in the prior year. Net sales in our North American wholesale segment totaled $53.6 million for the quarter, down 1% from $54.3 million last year. Florsheim sales were up, but the increase was more than offset by lower sales of the Stacy Adams and BOGS brands. Nunn Bush sales were flat for the quarter. Wholesale gross earnings as a percent of net sales were 38.7% and 39.4% in 2026 and 2025, respectively. Gross margins continued to be negatively impacted by incrementa...

Interested in Weyco Group, Inc.? Here are five stocks we like better. Weyco posted Q1 2026 results with flat net sales of $68 million but improved profitability—operating earnings rose to $7.5 million and diluted EPS increased to $0.64—as lower operating expenses and cleaner inventory helped offset tariff-driven gross margin pressure. The company paid about $19.8 million in IEEPA tariffs and has filed $18.6 million in phase‑1 refund claims after the Supreme Court invalidated those tariffs, but recoveries remain uncertain as CBP processes claims and a new across‑the‑board ~10% tariff adds planning risk; any refunds would be taxable. Weyco ended the quarter with $93.9 million in cash and marketable securities and no outstanding revolver debt, inventory down to $50.5 million (expected to normalize to $60–$70 million), and the board raised the quarterly cash dividend to $0.28 per share (a 4% increase). High-Yield Weyco Group Returns To Reasonable Levels Weyco Group (NASDAQ:WEYS) reported first-quarter 2026 results that showed higher earnings on flat revenue, as lower operating expenses and improved inventory conditions helped offset tariff-driven gross margin pressure. Management also discussed ongoing uncertainty around U.S. trade policy following a Supreme Court decision invalidating certain tariffs and the company’s steps to seek refunds. Chief Financial Officer Judy Anderson said overall net sales for the first quarter of 2026 were $68 million, flat compared with the first quarter of 2025. Consolidated gross earnings were 44.2% of net sales versus 44.6% a year earlier. Earnings from operations rose to $7.5 million from $7.0 million, while net earnings increased to $6.1 million from $5.5 million. Diluted earnings per share were $0.64, up from $0.57 in the prior-year quarter. → Berkshire Hathaway’s Record Cash Hoard: Why and What's Next? Chairman and CEO Tom Florsheim Jr. said the company’s overall sales were flat and wholesale sales slipped 1%, adding that, given economic uncertainty, the company believes it is “holding our position within our competitive market segments,” with Florsheim continuing “its strong performance streak.” Anderson said North American wholesale net sales totaled $53.6 million, down 1% from $54.3 million last year. She said Florsheim sales were up, while lower sales at Stacy Adams and BOGS more than offset that growth; Nunn Bush was fl...

MILWAUKEE, May 05, 2026 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ: WEYS) (“we,” “our,” “us” and the “Company”) today announced financial results for the quarter ended March 31, 2026. First Quarter 2026 Overview Net sales: $68.0 million (flat compared to Q1 2025) Gross earnings: 44.2% of net sales (compared to 44.6% of net sales in Q1 2025) Earnings from operations: $7.5 million (up 7% compared to $7.0 million in Q1 2025) Net earnings: $6.1 million (up 10% from $5.5 million in Q1 2025) Diluted earnings per share: $0.64 (up from $0.57 in Q1 2025) North American Wholesale Segment Wholesale net sales were $53.6 million for the quarter, down 1% from $54.3 million in the first quarter of 2025. Florsheim’s first quarter sales were up 5%, due to continued success in the dress shoe category. Florsheim’s increase was more than offset by lower sales of the Stacy Adams and BOGS brands, down 9% and 11%, respectively, due to lower retailer demand. Nunn Bush sales remained flat for the quarter. Wholesale gross earnings as a percent of net sales were 38.7% and 39.4% in the first quarters of 2026 and 2025, respectively. Gross margins for the quarter continued to be negatively impacted by incremental tariffs, partially offset by selling price increases instituted in the second half of last year. Wholesale selling and administrative expenses totaled $13.8 million, or 26% of net sales, for the quarter versus $14.8 million, or 27% of net sales, last year. The decreases in 2026 were largely due to lower employee costs. Wholesale operating earnings totaled $7.0 million for the quarter, up 5% from $6.6 million in 2025, mainly due to lower selling and administrative expenses. North American Retail Segment Net sales in our retail segment totaled $8.8 million for the quarter, up 2% from $8.7 million in 2025. The increase resulted from higher sales of our e-commerce businesses. Retail gross earnings as a percent of net sales were 66.1% and 66.6% in the first quarters of 2026 and 2025, respectively. Retail operating earnings totaled $0.8 million for the quarter and $0.6 million in last year’s first quarter. Other Operations Other operations consist of our retail and wholesale businesses in Australia and South Africa (collectively, “Florsheim Australia”). Net sales of Florsheim Australia were $5.6 million in the first quarter of 2026, up 10% from $5.1 million in 2025. The increase wa...

GLENDALE, Wis. (AP) — GLENDALE, Wis. (AP) — Weyco Group Inc. (WEYS) on Tuesday reported earnings of $6.1 million in its first quarter. The Glendale, Wisconsin-based company said it had profit of 64 cents per share. The footwear distributor posted revenue of $68 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WEYS at https://www.zacks.com/ap/WEYS

Performance was characterized by flat overall sales as the company maintained market position despite a challenging macroeconomic environment and consumer spending pressures. The Florsheim brand continues to gain market share in the traditional dress category, serving as a 'go-to' choice for retailers even as the broader dress footwear market trends downward. Management is pivoting the Stacy Adams and BOGS brands toward casual and year-round offerings to align with shifting lifestyle trends and reduce reliance on seasonal or formal categories. Gross margin compression of 50 basis points was primarily driven by incremental tariffs, though this was partially mitigated by price increases implemented in late 2025. Profitability growth was largely supported by operational efficiencies and lower selling and administrative expenses, specifically reduced employee benefit costs and warehouse labor optimization. Inventory levels decreased by $18 million year-over-year due to timing and a concerted effort to clear excess closeout stock, leading to higher full-price sell-throughs in e-commerce. Management expects inventory to return to the $60 million to $70 million range as the year progresses, up from the current $50.5 million. The company anticipates a strong second half for the BOGS brand, citing cleared retail inventories following last winter's weather and the launch of new spring performance footwear. Strategic focus remains on expanding the penetration of hybrid and casual footwear across the legacy portfolio to leverage brand heritage in growing market segments. Capital expenditures for 2026 are estimated to be between $2 million and $3 million. The company increased its quarterly dividend by 4%, signaling confidence in its debt-free balance sheet and cash flow generation capabilities. The U.S. Supreme Court ruled the IEPA tariffs invalid in February 2026, leading Weyco to submit initial refund claims totaling $18.6 million. A new 10% across-the-board tariff has been implemented under separate authority, creating ongoing uncertainty regarding the final scope and rate of future duties. Management noted that the administration intends to return tariff rates to levels previously seen under the IEPA (which had increased product costs by 19% to 50%) following the conclusion of Section 301 investigations expected by July. Macroeconomic headwinds, including inflation...

Milwaukee, WI, April 13, 2026 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ: WEYS), a global marketer of footwear, plans to announce first quarter 2026 financial results after the close on Tuesday, May 5, 2026. Additionally, Thomas W. Florsheim, Jr., Chairman and CEO, will host a conference call on Wednesday, May 6, 2026, at 11:00 a.m. Eastern Time to discuss the financial results in more detail. To participate in the call, you will first need to pre-register online. Pre-registration takes only a few minutes and you may pre-register at any time, including up to and after the call start time. To pre-register, please go to: https://register-conf.media-server.com/register/BI905fcb27a8494543bb7a30fb095a981e. The pre-registration process will provide the conference call phone number and a passcode required to enter the call. A replay will be available for one year beginning about two hours after the completion of the call at the following webcast link: https://edge.media-server.com/mmc/p/ncvykvxv. Alternatively, the replay will be available by visiting the investor relations section of Weyco Group’s website at www.weycogroup.com. Weyco Group, Inc. designs and markets quality and innovative footwear principally for men, but also for women and children, under a portfolio of well-recognized brand names including: Florsheim, Nunn Bush, Stacy Adams, and BOGS. The Company’s products can be found in leading footwear, department, and specialty stores, as well as on e-commerce websites worldwide. Weyco Group also operates Florsheim concept stores in the United States and Australia, as well as in a variety of international markets. CONTACT: Investor Relations Contact Judy Anderson (414) 908-1833 [email protected]

Shares of Weyco Group, Inc. WEYS have lost 2.1% since the company reported its earnings for the quarter ended Dec. 31, 2025. This compares to the S&P 500 Index’s -2% change over the same time frame. Over the past month, the stock moved -0.3% compared with the S&P 500’s -3.1% change. For the fourth quarter of 2025, Weyco reported earnings per share of 91 cents, which decreased from $1.04 in the prior-year quarter. Net sales of $76.8 million denoted a 5% decline from $80.5 million in the prior-year period. Net earnings fell 13% year over year to $8.7 million from $10 million, while Earnings from operations totaled $10.2 million, down 12% from $11.5 million in the fourth quarter of 2024. Gross earnings represented 44.1% of net sales compared with 47.9% a year earlier, reflecting pressure on margins during the quarter. Weyco Group, Inc. price-consensus-eps-surprise-chart | Weyco Group, Inc. Quote Weyco’s North American wholesale segment remained the largest contributor to revenue but posted weaker results during the quarter. Wholesale net sales declined 6% year over year to $56.7 million from $60.4 million, primarily due to lower shipping volumes. Brand-level performance varied: sales of Nunn Bush and Stacy Adams each declined 13%, BOGS sales fell 6%, and Florsheim sales slipped 1%. Wholesale gross margin declined significantly to 37.2% of net sales from 42.4% a year earlier, reflecting tariff-related cost pressures that were only partially offset by price increases implemented on July 1, 2025. Wholesale selling and administrative expenses totaled $12.7 million, down from $16.7 million in the prior-year quarter, largely due to lower employee costs. Despite the cost reductions, wholesale operating earnings fell 6% to $8.4 million. The North American retail segment, which is largely driven by e-commerce, also recorded weaker results. Net sales declined 5% year over year to $13.3 million from $14.1 million. Retail operating earnings dropped to $1.9 million from $2.5 million in the prior-year period, primarily due to higher sales reserves tied to the company’s online businesses. Retail gross margin edged slightly lower to 64.3% from 65% in the same quarter last year. In contrast, Weyco’s international operations—primarily the Florsheim Australia business—posted growth during the quarter. Net sales increased 12% to $6.8 million from $6 million in the prior-year perio...

This article first appeared on GuruFocus. Fourth Quarter Net Sales: $76.8 million, down 5% from $80.5 million in Q4 2024. Fourth Quarter Gross Earnings: 44.1% of net sales, down from 47.9% in Q4 2024. Fourth Quarter Earnings from Operations: $10.2 million, down 12% from $11.5 million in Q4 2024. Fourth Quarter Net Earnings: $8.7 million, down 13% from $10 million in Q4 2024. Fourth Quarter Diluted Earnings Per Share: $0.91, down from $1.04 in Q4 2024. North American Wholesale Net Sales (Q4): $56.7 million, down 6% from $60.4 million in Q4 2024. Wholesale Gross Earnings (Q4): 37.2% of net sales, down from 42.4% in Q4 2024. Retail Segment Net Sales (Q4): $13.3 million, down 5% from $14.1 million in Q4 2024. Retail Gross Earnings (Q4): 64.3% of net sales, down from 65% in Q4 2024. Florsheim Australia Net Sales (Q4): $6.8 million, up 12% from $6 million in Q4 2024. Full Year Net Sales: $276 million, down 5% from $290 million in 2024. Full Year Gross Earnings: 43.2% of net sales, down from 45.3% in 2024. Full Year Operating Earnings: $29.2 million, down 20% from $36.6 million in 2024. Full Year Net Earnings: $23.1 million, down 24% from $30.3 million in 2024. Full Year Diluted Earnings Per Share: $2.41, down from $3.16 in 2024. North American Wholesale Net Sales (Full Year): $217 million, down 5% from $228 million in 2024. Wholesale Gross Earnings (Full Year): 37.5% of net sales, down from 40.2% in 2024. Retail Segment Net Sales (Full Year): $35.7 million, down 8% from $38.7 million in 2024. Retail Gross Earnings (Full Year): 65.7% of net sales, down from 65.9% in 2024. Florsheim Australia Net Sales (Full Year): $23.7 million, relatively flat compared to $23.6 million in 2024. Cash and Marketable Securities (End of 2025): $101 million. Cash from Operations (2025): $37.3 million. Dividends Paid (2025): $7.7 million. Stock Repurchases (2025): $5.3 million. Capital Expenditures (2025): $1.8 million. Inventory (End of 2025): $65.9 million, down from $74 million at the end of 2024. Warning! GuruFocus has detected 3 Warning Signs with SMRT. Is WEYS fairly valued? Test your thesis with our free DCF calculator. Release Date: March 04, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Florsheim brand achieved record wholesale sales in 2025, bucking the trend in the declining non-athletic brown shoe category. Florshei...

Weyco Group (WEYS) reported Q4 earnings late Tuesday of $0.91 per diluted share, down from $1.04 a y

GLENDALE, Wis. (AP) — GLENDALE, Wis. (AP) — Weyco Group Inc. (WEYS) on Tuesday reported profit of $8.7 million in its fourth quarter. On a per-share basis, the Glendale, Wisconsin-based company said it had net income of 91 cents. The footwear distributor posted revenue of $76.8 million in the period. For the year, the company reported profit of $23.1 million, or $2.41 per share. Revenue was reported as $276.2 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WEYS at https://www.zacks.com/ap/WEYS