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Weyco Group, Inc - WEYS STOCK NEWS

Welcome to our dedicated news page for Weyco Group (Ticker: WEYS), a resource for investors and traders seeking the latest updates and insights on Weyco Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Weyco Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Weyco Group's position in the market.

Rhea-AI Summary
WEYCO Group, Inc. (WEYS) will announce its first quarter 2024 financial results on May 7, 2024, followed by a conference call hosted by CEO Thomas W. Florsheim, Jr. on May 8, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.2%
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Rhea-AI Summary
Weyco Group, Inc. (NASDAQ: WEYS) reported financial results for Q4 and full year 2023, with consolidated net sales at $80.6 million, down 19% YoY. Operating earnings were $11.5 million, a 24% decrease from 2022. Record full-year earnings of $30.2 million in 2023, up 2% YoY, despite lower sales.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.26%
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Rhea-AI Summary
WEYCO Group, Inc. (NASDAQ: WEYS) plans to announce its fourth quarter and full year 2023 financial results on March 5, 2024. The Chairman and CEO will host a conference call on March 6, 2024, to discuss the results in more detail.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.96%
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Rhea-AI Summary
WEYS: Weyco Group Announces Q3 2023 Financial Results, Net Sales Down 13%, Gross Earnings Up, Quarterly Earnings Down 12%, Declares $0.25 Cash Dividend
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End-of-Day
1.29%
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Rhea-AI Summary
WEYCO Group, Inc. to announce Q3 2023 financial results and host conference call
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End-of-Day
-0.71%
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Rhea-AI Summary
WEYS: Weyco Group, Inc. Announces Second Quarter 2023 Financial Results, Declares Cash Dividend - Consolidated net sales down 10% to $67.0 million, but gross earnings increased to 43.3% of net sales; Earnings from operations rose 18% to $6.7 million; Net earnings a record $4.9 million, up 8% over previous year. Declares cash dividend of $0.25 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.31%
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Rhea-AI Summary
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Rhea-AI Sentiment
End-of-Day
-2.16%
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Rhea-AI Summary
Weyco Group, Inc. (NASDAQ: WEYS) reported Q1 2023 financial results, with consolidated net sales reaching a record $86.3 million, a 6% increase from the previous year. Gross earnings improved to 43.1% of net sales, compared to 35.8% last year. Operating earnings were a record $10.4 million, up over 90% from last year. Net earnings were a record $7.4 million, or $0.78 per diluted share, up 84% from last year.
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-1.69%
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Rhea-AI Summary
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1.58%
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Rhea-AI Sentiment
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-1.45%
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Weyco Group, Inc

Nasdaq:WEYS

WEYS Rankings

WEYS Stock Data

276.57M
5.88M
36.5%
24.47%
0.43%
Footwear Merchant Wholesalers
Wholesale Trade
Link
US
Milwaukee

About WEYS

weyco group, inc. (nasdaq: weys), designs and markets quality and innovative footwear for men, women and children under a portfolio of well-recognized brand names including; florsheim, nunn bush, stacy adams, bogs, rafters and umi. the company's products can be found in leading footwear, department, and specialty stores worldwide. weyco group also operates florsheim concept stores in the united states and australia, as well as in a variety of international markets.