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 reports recurring updates on a branded footwear business that designs and markets shoes for men, women and children under Florsheim, Nunn Bush, Stacy Adams and BOGS. Its products are sold through footwear, department and specialty stores, e-commerce retailers and company-operated Florsheim stores in the United States, Australia and South Africa.
Company news commonly covers quarterly sales and earnings, North American wholesale performance, North American retail activity, brand-level demand, shipping volumes, pricing actions, tariff effects, gross margin trends and discretionary consumer spending. Releases also include earnings-call schedules and capital-return actions such as regular and special cash dividends.
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.
Weyco Group, Inc. (NASDAQ: WEYS) reported a record-breaking third quarter for 2022, with net sales reaching $97.0 million, an increase of 57% from $61.8 million in Q3 2021. The company's quarterly net earnings were also at a record $10.8 million, translating to $1.12 per diluted share, up from $5.1 million, or $0.52 per share, a year earlier. North American wholesale segment sales hit $81.6 million, up 63% year-over-year. While strong demand fueled growth, the company anticipates lower sales in Q4 due to last year's elevated performance. A dividend of $0.24 per share was declared, payable January 3, 2023.
WEYCO Group, Inc. (NASDAQ: WEYS) plans to announce its third quarter 2022 financial results on November 1, 2022. Following the results, Chairman and CEO Thomas W. Florsheim, Jr. will host a conference call on November 2, 2022, at 11:00 a.m. ET for a detailed discussion. Investors can pre-register online to participate, ensuring they receive the call-in details. Weyco Group specializes in designing and marketing innovative footwear for men, women, and children, with brands like Florsheim and Nunn Bush available through various retail and e-commerce channels.
Weyco Group, Inc. (NASDAQ: WEYS) reported a record second-quarter revenue of $74.4 million, a 29% increase from $57.6 million in Q2 2021. Gross earnings improved to 40% of net sales, up from 39.4%. Operating earnings rose 25% to $5.7 million, while net earnings hit a record $4.5 million ($0.47 per diluted share). The North American wholesale segment led with a 41% sales increase, driven by brands like Florsheim and Stacy Adams, which each saw a 47% rise. However, overall expenses increased, primarily due to higher employee costs.
WEYCO Group, Inc. (NASDAQ: WEYS) plans to release its second quarter 2022 financial results on August 2, 2022, after market close. Following the release, a conference call hosted by Chairman and CEO Thomas W. Florsheim, Jr. will take place on August 3, 2022, at 11:00 a.m. Eastern Time. Participants must pre-register online to receive call details. WEYCO Group markets quality footwear for men, women, and children under recognized brands such as Florsheim and Nunn Bush, available in stores and online globally.
Weyco Group, Inc. (NASDAQ: WEYS) reported a record first-quarter net sales of $81.4 million for the period ending March 31, 2022, up from $46.9 million in 2021. Gross earnings comprised 35.8% of net sales, a decline from 41.2% last year, primarily due to lower wholesale margins and higher inbound freight costs. Quarterly net earnings rose to $4.1 million or $0.42 per diluted share, compared to $1.3 million or $0.14 in 2021. Despite challenges, net sales exceeded 2019 levels by 10%.
WEYCO Group, Inc. (NASDAQ: WEYS) will announce its first quarter 2022 financial results on May 3, 2022, after market close. Following this, Chairman and CEO Thomas W. Florsheim, Jr. will host a conference call on May 4, 2022, at 11:00 a.m. Eastern Time to discuss the results in depth. Participants must pre-register online for the call, which will also be accessible via a replay for one year. WEYCO Group designs and markets innovative footwear for men, women, and children under various recognized brand names.
Weyco Group, Inc. (NASDAQ: WEYS) announced record financial results for Q4 2021, reporting net sales of $101.4 million, up from $62.0 million in Q4 2020. Gross earnings were 40.2% of net sales, down from 44.5% year-over-year, mainly due to lower wholesale margins. Net earnings hit a record $10.3 million, or $1.07 per diluted share, compared to $5.1 million, or $0.52 per diluted share in Q4 2020. For the full year, net sales reached $267.6 million, up from $195.4 million in 2020, with net earnings at $20.6 million, compared to net losses of $8.5 million in 2020.
WEYCO Group, Inc. (NASDAQ: WEYS) plans to announce its fourth quarter and full year 2021 financial results on March 8, 2022. Following this, CEO Thomas W. Florsheim, Jr. will conduct a conference call on March 9, 2022, at 11:00 a.m. ET to discuss the results. Participants need to pre-register online to join the call. The company, known for its quality footwear brands like Florsheim and Nunn Bush, aims to provide insights into its performance during this period.
Weyco Group, Inc. (NASDAQ: WEYS) reported a significant rebound in financial performance for Q3 2021, with net sales of $61.8 million, up from $53.2 million in Q3 2020. Operating earnings were $6.7 million compared to losses of $3.8 million last year. Net earnings rose to $5.1 million, or $0.52 per diluted share, reversing a net loss of $5.9 million in the prior year. The North American wholesale segment saw sales increase to $50.2 million, while retail sales reached $6.3 million, reflecting a 49% rise. A cash dividend of $0.24 per share was declared for shareholders on November 2.