Weyco Group, Inc., together with its subsidiaries, designs and distributes footwear for men, women, and children. It operates through two segments, North American Wholesale Operations and North American Retail Operations. The company offers mid-priced leather dress shoes and casual footwear of man-made materials or leather; and outdoor boots, shoes, and sandals under the Florsheim, Nunn Bush, Stacy Adams, BOGS, and Rafters brand names. It is also involved in the wholesale of its products to approximately 10,000 footwear, department, and specialty stores, as well as e-commerce retailers. As of December 31, 2020, the company had five brick and mortar retail stores in the United States. In addition, it has licensing agreements with third parties, who sell its branded apparel, accessories, and specialty footwear. Weyco Group, Inc. serves in the United States, Canada, Europe, Australia, Asia, and South Africa. The company was formerly known as Weyenberg Shoe Manufacturing Company and changed its name to Weyco Group, Inc. in April 1990. Weyco Group, Inc. was incorporated in 1906 and is based in Milwaukee, Wisconsin.
IPO Year:
Exchange: NASDAQ
Website: weycogroup.com
SC 13G/A - WEYCO GROUP INC (0000106532) (Subject)
SC 13G/A - WEYCO GROUP INC (0000106532) (Subject)
SC 13G/A - WEYCO GROUP INC (0000106532) (Subject)
MILWAUKEE, May 06, 2025 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ:WEYS) ("we," "our," "us" and the "Company") today announced financial results for the quarter ended March 31, 2025. First Quarter 2025 Overview Net sales: $68.0 million (down 5% compared to $71.6 million in Q1 2024)Gross earnings: 44.6% of net sales (compared to 44.7% of net sales in Q1 2024)Earnings from operations: $7.0 million (down 15% compared to $8.3 million in Q1 2024)Net earnings: $5.5 million (down 17% compared to $6.7 million in Q1 2024)Diluted earnings per share: $0.57 (down from $0.69 in Q1 2024) North American Wholesale Segment Wholesale net sales were $54.3 million for the quarter, down 4% co
Milwaukee, WI, April 09, 2025 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ:WEYS), a global marketer of footwear, plans to announce first quarter 2025 financial results after the close on Tuesday, May 6, 2025. Additionally, Thomas W. Florsheim, Jr., Chairman and CEO, will host a conference call on Wednesday, May 7, 2025, at 11:00 a.m. Eastern Time to discuss the financial results in more detail. To participate in the call, please dial 1-888-596-4144 or 1-646-968-2525, using passcode 6441034# at least fifteen minutes before the start of the call. There is no pre-registration link for the call this quarter. A replay will be available for one year beginning about two hours after the compl
MILWAUKEE, March 04, 2025 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ:WEYS) ("we," "our," "us" and the "Company") today announced financial results for the quarter and year ended December 31, 2024. Fourth Quarter 2024 Overview Net sales: $80.5 million (flat with Q4 2023)Gross earnings: 47.9% of net sales (down compared to 50.3% of net sales in Q4 2023)Earnings from operations: $11.5 million (flat with Q4 2023)Net earnings: $10.0 million (up 17% compared to $8.5 million in Q4 2023)Diluted earnings per share: $1.04 (up from $0.90 in Q4 2023) North American Wholesale Segment Net sales in our wholesale segment totaled $60.4 million in the fourth quarter of 2024, up 1% compared to $59.6 mi
Milwaukee, WI, Jan. 24, 2025 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ:WEYS), a global marketer of footwear, plans to announce fourth quarter and full year 2024 financial results after the close on Tuesday, March 4, 2025. Additionally, Thomas W. Florsheim, Jr., Chairman and CEO, will host a conference call on Wednesday, March 5, 2025, 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.vevent.com/register/BI7b3953956
MILWAUKEE, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ:WEYS) ("we," "our," "us" and the "Company") today announced financial results for the quarter ended September 30, 2024. Third Quarter 2024 Overview Net sales: $74.3 million (down 12% compared to $84.2 million in Q3 2023)Gross earnings: 44.3% of net sales (up from 43.0% of net sales in Q3 2023)Earnings from operations: $10.2 million (down 18% compared to $12.4 million in Q3 2023)Net earnings: $8.1 million (down 14% compared to $9.3 million in Q3 2023)Diluted earnings per share: $0.84 (down from $0.98 in Q3 2023) North American Wholesale Segment Net sales in our wholesale segment were $61.1 million in the third q
MILWAUKEE, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ:WEYS) (the "Company") announced that today its Board of Directors declared a special one-time cash dividend of $2.00 per share, for a total of approximately $19.0 million based on the number of shares currently outstanding. The dividend will be paid on January 2, 2025, to shareholders of record at the close of business on November 18, 2024. "We are pleased to announce this return of capital to shareholders," stated Thomas W. Florsheim, Jr., Chairman and CEO. "Our strong financial performance over the past few years led to a buildup of cash in excess of the amount necessary to fund operations, capital expenditures, and
Milwaukee, WI, Oct. 11, 2024 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ:WEYS), a global marketer of footwear, plans to announce third quarter 2024 financial results after the close on Tuesday, November 5, 2024. Additionally, Thomas W. Florsheim, Jr., Chairman and CEO, will host a conference call on Wednesday, November 6, 2024, 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.vevent.com/register/BIa7616a5c835846dc
MILWAUKEE, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ:WEYS) ("we," "our," "us" and the "Company") today announced financial results for the quarter ended June 30, 2024. Second Quarter 2024 Overview Net sales: $63.9 million (down 5% compared to $67.0 million in Q2 2023)Gross earnings: 43.9% of net sales (up from 43.3% of net sales in Q2 2023)Earnings from operations: $6.7 million (flat with Q2 2023)Net earnings: record $5.6 million (up 15% over previous record in Q2 2023)Diluted earnings per share: $0.59 (up from $0.50 in Q2 2023) North American Wholesale Segment Net sales in our wholesale segment were $50.2 million, down 2% from $51.5 million in the second quart
Milwaukee, WI, July 09, 2024 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ:WEYS), a global marketer of footwear, plans to announce second quarter 2024 financial results after the close on Tuesday, August 6, 2024. Additionally, Thomas W. Florsheim, Jr., Chairman and CEO, will host a conference call on Wednesday, August 7, 2024, 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.vevent.com/register/BI0df6b3e05d40441f
MILWAUKEE, May 07, 2024 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ:WEYS) ("we," "our," "us" and the "Company") today announced financial results for the quarter ended March 31, 2024. First Quarter 2024 Consolidated net sales were $71.6 million, down 17% compared to record first-quarter sales of $86.3 million in 2023. Consolidated gross earnings increased to 44.7% of net sales compared to 43.1% of net sales in last year's first quarter, due to higher gross margins in our North American wholesale segment. Earnings from operations were $8.3 million, down 21% from record first-quarter operating earnings of $10.4 million in 2023. First-quarter 2024 net earnings were $6.7 million, o
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Milwaukee, WI, Nov. 02, 2021 (GLOBE NEWSWIRE) -- (Milwaukee, Wisconsin---November 2, 2021) Weyco Group, Inc. (NASDAQ:WEYS) ("Weyco" or the "Company") today announced that John F. Wittkowske (age 62), the Company's Senior Vice President, Chief Financial Officer and Secretary, will retire effective May 6, 2022. Mr. Wittkowske will be succeeded as the Company's Chief Financial Officer and Secretary by Judy Anderson (age 54). Ms. Anderson will report directly to Thomas W. Florsheim, Jr., the Company's Chairman and Chief Executive Officer. Ms. Anderson, a Certified Public Accountant, joined the Company in 1996 and has held various financial leadership roles, including, most recently, Vice Pres
MILWAUKEE, May 06, 2025 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ:WEYS) ("we," "our," "us" and the "Company") today announced financial results for the quarter ended March 31, 2025. First Quarter 2025 Overview Net sales: $68.0 million (down 5% compared to $71.6 million in Q1 2024)Gross earnings: 44.6% of net sales (compared to 44.7% of net sales in Q1 2024)Earnings from operations: $7.0 million (down 15% compared to $8.3 million in Q1 2024)Net earnings: $5.5 million (down 17% compared to $6.7 million in Q1 2024)Diluted earnings per share: $0.57 (down from $0.69 in Q1 2024) North American Wholesale Segment Wholesale net sales were $54.3 million for the quarter, down 4% co
Milwaukee, WI, April 09, 2025 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ:WEYS), a global marketer of footwear, plans to announce first quarter 2025 financial results after the close on Tuesday, May 6, 2025. Additionally, Thomas W. Florsheim, Jr., Chairman and CEO, will host a conference call on Wednesday, May 7, 2025, at 11:00 a.m. Eastern Time to discuss the financial results in more detail. To participate in the call, please dial 1-888-596-4144 or 1-646-968-2525, using passcode 6441034# at least fifteen minutes before the start of the call. There is no pre-registration link for the call this quarter. A replay will be available for one year beginning about two hours after the compl
MILWAUKEE, March 04, 2025 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ:WEYS) ("we," "our," "us" and the "Company") today announced financial results for the quarter and year ended December 31, 2024. Fourth Quarter 2024 Overview Net sales: $80.5 million (flat with Q4 2023)Gross earnings: 47.9% of net sales (down compared to 50.3% of net sales in Q4 2023)Earnings from operations: $11.5 million (flat with Q4 2023)Net earnings: $10.0 million (up 17% compared to $8.5 million in Q4 2023)Diluted earnings per share: $1.04 (up from $0.90 in Q4 2023) North American Wholesale Segment Net sales in our wholesale segment totaled $60.4 million in the fourth quarter of 2024, up 1% compared to $59.6 mi
Milwaukee, WI, Jan. 24, 2025 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ:WEYS), a global marketer of footwear, plans to announce fourth quarter and full year 2024 financial results after the close on Tuesday, March 4, 2025. Additionally, Thomas W. Florsheim, Jr., Chairman and CEO, will host a conference call on Wednesday, March 5, 2025, 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.vevent.com/register/BI7b3953956
MILWAUKEE, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ:WEYS) ("we," "our," "us" and the "Company") today announced financial results for the quarter ended September 30, 2024. Third Quarter 2024 Overview Net sales: $74.3 million (down 12% compared to $84.2 million in Q3 2023)Gross earnings: 44.3% of net sales (up from 43.0% of net sales in Q3 2023)Earnings from operations: $10.2 million (down 18% compared to $12.4 million in Q3 2023)Net earnings: $8.1 million (down 14% compared to $9.3 million in Q3 2023)Diluted earnings per share: $0.84 (down from $0.98 in Q3 2023) North American Wholesale Segment Net sales in our wholesale segment were $61.1 million in the third q
MILWAUKEE, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ:WEYS) (the "Company") announced that today its Board of Directors declared a special one-time cash dividend of $2.00 per share, for a total of approximately $19.0 million based on the number of shares currently outstanding. The dividend will be paid on January 2, 2025, to shareholders of record at the close of business on November 18, 2024. "We are pleased to announce this return of capital to shareholders," stated Thomas W. Florsheim, Jr., Chairman and CEO. "Our strong financial performance over the past few years led to a buildup of cash in excess of the amount necessary to fund operations, capital expenditures, and
Milwaukee, WI, Oct. 11, 2024 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ:WEYS), a global marketer of footwear, plans to announce third quarter 2024 financial results after the close on Tuesday, November 5, 2024. Additionally, Thomas W. Florsheim, Jr., Chairman and CEO, will host a conference call on Wednesday, November 6, 2024, 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.vevent.com/register/BIa7616a5c835846dc
MILWAUKEE, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ:WEYS) ("we," "our," "us" and the "Company") today announced financial results for the quarter ended June 30, 2024. Second Quarter 2024 Overview Net sales: $63.9 million (down 5% compared to $67.0 million in Q2 2023)Gross earnings: 43.9% of net sales (up from 43.3% of net sales in Q2 2023)Earnings from operations: $6.7 million (flat with Q2 2023)Net earnings: record $5.6 million (up 15% over previous record in Q2 2023)Diluted earnings per share: $0.59 (up from $0.50 in Q2 2023) North American Wholesale Segment Net sales in our wholesale segment were $50.2 million, down 2% from $51.5 million in the second quart
Milwaukee, WI, July 09, 2024 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ:WEYS), a global marketer of footwear, plans to announce second quarter 2024 financial results after the close on Tuesday, August 6, 2024. Additionally, Thomas W. Florsheim, Jr., Chairman and CEO, will host a conference call on Wednesday, August 7, 2024, 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.vevent.com/register/BI0df6b3e05d40441f
MILWAUKEE, May 07, 2024 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ:WEYS) ("we," "our," "us" and the "Company") today announced financial results for the quarter ended March 31, 2024. First Quarter 2024 Consolidated net sales were $71.6 million, down 17% compared to record first-quarter sales of $86.3 million in 2023. Consolidated gross earnings increased to 44.7% of net sales compared to 43.1% of net sales in last year's first quarter, due to higher gross margins in our North American wholesale segment. Earnings from operations were $8.3 million, down 21% from record first-quarter operating earnings of $10.4 million in 2023. First-quarter 2024 net earnings were $6.7 million, o