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) reported financial results for Q1 2021, with net sales of $46.9 million, down from $63.6 million in Q1 2020. Net earnings increased to $1.3 million, up from $1.2 million, with diluted earnings per share at $0.14 compared to $0.12 last year. The North American Wholesale Segment saw net sales of $33.4 million, a decrease from $52.7 million in the prior year, impacted by the pandemic. Conversely, BOGS brand sales rose 32%. The company declared a cash dividend of $0.24 per share and will hold a conference call on May 5, 2021.
WEYCO Group, Inc. (NASDAQ: WEYS) is set to announce its first quarter 2021 financial results on May 4, 2021, following the market close. The company’s CEO Thomas W. Florsheim, Jr. will host a conference call on May 5, 2021, at 11:00 a.m. ET to discuss these results in detail. Investors wishing to participate must pre-register online.
WEYCO specializes in designing and marketing quality footwear, including brands such as Florsheim and Nunn Bush, available in various retail channels and e-commerce platforms.
Weyco Group, Inc. (NASDAQ:WEYS) reported Q4 2020 net sales of $62 million, down from $86.9 million in Q4 2019. Earnings decreased to $5.1 million or $0.52 per diluted share, compared to $8.8 million or $0.90 per share a year prior. The North American wholesale segment saw a decline in sales to $46.2 million, with a notable impact from the pandemic. However, e-commerce sales rose by 15%. For the full year, net sales were $195.4 million, down from $304 million in 2019, leading to a net loss of $8.5 million. On a positive note, the company declared a dividend of $0.24 per share.
WEYCO Group, Inc. (NASDAQ: WEYS) will announce its fourth quarter and full year 2020 financial results on March 9, 2021, after market close. CEO Thomas W. Florsheim, Jr. will host a conference call on March 10, 2021, at 11:00 a.m. ET to discuss the results. Interested participants must pre-register online, and a replay of the call will be available for one year. WEYCO markets footwear brands including Florsheim, Nunn Bush, and BOGS globally, available in stores and online.
Weyco Group, Inc. (NASDAQ: WEYS) has accelerated the payment date for its regular quarterly dividend of $0.24 per share, moving it from January 4, 2021 to December 31, 2020. The record date remains November 30, 2020. This decision reflects the company's commitment to returning value to shareholders and may enhance investor confidence. Weyco Group specializes in designing and marketing quality footwear for men, women, and children under brands like Florsheim and Nunn Bush.
Weyco Group, Inc. (NASDAQ: WEYS) reported a net sales decline to $53.2 million for Q3 2020, down from $82.5 million in Q3 2019. The company recorded a net loss of $5.9 million or $0.60 per diluted share, contrasting with $6.6 million earnings in the previous year. The wholesale segment's sales fell to $44.0 million, down significantly from $67.8 million. Notably, while BOGS sales increased by 6%, major brands like Florsheim saw sales decrease by up to 58%. Weyco's Board declared a $0.24 cash dividend per share, payable on January 4, 2021.
WEYCO Group, Inc. (NASDAQ: WEYS) will announce its third quarter 2020 financial results on November 3, 2020, after market closure. A conference call will be held on November 4, 2020, at 11:00 a.m. ET, led by Chairman and CEO Thomas W. Florsheim, Jr. Participants must pre-register online to access the call. WEYCO specializes in footwear for men, women, and children, with brands like Florsheim and Nunn Bush. The products are sold in various retail and e-commerce outlets globally.
Weyco Group, Inc. reported a significant downturn in its Q2 2020 financial results, primarily due to the COVID-19 pandemic. Net sales fell to $16.7 million, down from $60.5 million in Q2 2019. Operating losses reached $13.0 million, a sharp decline from $1.9 million in the same period last year. The company's net loss was $8.9 million, contrasting with a net profit of $1.5 million in Q2 2019. Despite these challenges, the company declared a $0.24 per share dividend, emphasizing strong liquidity and cost management as priorities.
WEYCO Group, Inc. (NASDAQ: WEYS) will release its second quarter 2020 financial results on August 4, 2020, post-market. CEO Thomas W. Florsheim, Jr. will lead a conference call the next day at 11:00 a.m. ET to discuss the details. Interested participants must pre-register online to join the call. WEYCO Group designs and markets footwear for men, women, and children under brands like Florsheim and Nunn Bush, with products available in stores and e-commerce platforms globally. Further information can be found on their investor relations website.
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