Welcome to our dedicated page for Weyco Group news (Ticker: WEYS), a resource for investors and traders seeking the latest updates and insights on Weyco Group stock.
Weyco Group Inc (NASDAQ: WEYS) is a leading designer and distributor of premium footwear brands including Florsheim, Nunn Bush, and BOGS, serving global markets through wholesale partnerships and direct retail channels. This page provides official updates on corporate developments, financial performance, and strategic initiatives impacting the company’s position in the footwear industry.
Investors and industry professionals will find a curated collection of press releases, earnings reports, and operational announcements. Key updates include product launches, partnership agreements, executive appointments, and financial disclosures. All content is sourced directly from the company to ensure accuracy and timeliness.
Regularly updated with verified information, this resource eliminates the need to track multiple sources. Visitors can expect clear categorization of news by type and date, with mobile-friendly formatting for easy access. Bookmark this page or check back frequently to stay informed about WEYS’s latest developments in footwear manufacturing and retail strategy.
WEYCO Group, Inc. (NASDAQ: WEYS) will announce its first quarter 2023 financial results on May 2, 2023, after market close. The company, known for its diverse portfolio of footwear brands including Florsheim and Nunn Bush, will conduct a conference call the following day, May 3, 2023, at 11:00 a.m. ET, hosted by Chairman and CEO Thomas W. Florsheim, Jr. Pre-registration for the call is required, and participants can do so online. Following the call, a replay will be available for one year. WEYCO continues to market quality footwear globally, selling through various channels including department stores and e-commerce platforms.
Weyco Group reported its financial results for Q4 and full year 2022 on March 7, 2023. Q4 net sales decreased 2% to $99.0 million, while gross earnings rose to 46.6%. Operating earnings reached a record $15.1 million, up 18%. Full year net sales hit a record $351.7 million, a 31% increase, with net earnings of $29.5 million or $3.07 per share. North American wholesale net sales were $283.2 million, up 38%. The company declared a cash dividend of $0.24 per share, payable March 31, 2023. The results were driven by strong demand for brands like Nunn Bush, while some segments experienced declines due to previous high sales in 2021.
WEYCO Group, Inc. (NASDAQ: WEYS) will announce its fourth quarter and full year 2022 financial results on March 7, 2023, after market close. CEO Thomas W. Florsheim, Jr. will discuss the results during a conference call on March 8, 2023, at 11:00 AM ET. Participants must pre-register online to join the call. Weyco Group markets quality footwear for men, women, and children under various brands such as Florsheim and Nunn Bush, available in both physical stores and e-commerce platforms worldwide.
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