WEYS
Weyco Group, Inc.34.09
+0.24+0.71%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
325.50MP/E (TTM)
13.42Basic EPS (TTM)
2.54Dividend Yield
0.03%Recent Filings
8-K
Special $2 dividend declared
Weyco Group declared a special cash dividend of $2.00 per share on November 4, 2025, payable January 9, 2026, to shareholders of record November 17, 2025, totaling about $19 million. This move returns excess cash built up beyond operational needs, preserving a strong balance sheet for organic growth and strategic pursuits. Yet risks like tariffs and economic slowdowns loom.
8-K
Q3 sales dip amid tariffs
Weyco Group reported Q3 2025 net sales of $73.1 million, down 2% from $74.3 million last year, as volume drops from a major customer's order cancellations offset price hikes. Gross margins slipped to 40.7% from 44.3%, squeezed by 30% tariffs on Chinese imports, while operating earnings fell 21% to $8.1 million. The board declared a $0.27 regular dividend and a $2.00 special payout, signaling strong liquidity. Tariffs remain fluid, with mitigation underway.
8-K
Credit facility extended, rates cut
Weyco Group extended its $40.0 million revolving credit facility with Associated Bank to September 25, 2026, while trimming the SOFR-plus interest margin by 15 basis points to 110 basis points. This tweak lowers borrowing costs amid steady covenants like minimum tangible net worth. The facility remains secured by general business assets. No other changes hit the books.
8-K
Leadership transition at Weyco
Weyco Group announced the resignation of Robert D. Hanley as Director of Finance and principal accounting officer on September 10, 2025, to join another firm, with no disagreements cited. Stephanie L. Liebl, a CPA and internal Director of Financial Reporting since 2020, immediately stepped into the role. This seamless internal transition maintains continuity in accounting leadership. Smooth handoff achieved.
10-Q
Q2 FY2025 results
Weyco Group's Q2 net sales fell 9% year-over-year to $58.2M, pressured by tariff headwinds and cautious consumer spending, while gross margins dipped to 43.3% from 43.9% amid higher import costs. Operating income dropped 42% to $3.9M, with diluted EPS at $0.24 versus $0.59 last year; year-to-date, sales declined 7% to $126.3M and EPS to $0.81 from $1.28, reconciled to 9,612 diluted shares with anti-dilution from 115,000 options excluded. Wholesale sales, 78% of total, eased 9% on softer demand across brands like Nunn Bush and BOGS, yet retail held steady at 66.6% margins. Cash swelled to $77.4M with $14.4M operating cash flow minus $0.7M capex yielding $13.7M free cash flow (derived), no debt on the $40M revolver. Tariffs remain the key wildcard.
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