WEYCO GRP INC. DL 1

Weyco Group reported Q2 2026 revenue up 7% to $62.2 million and diluted EPS of $1.39 versus $0.24 a year earlier. Gross margin rose to 70.4%, driven by IEEPA customs refunds of $15.3 million and price increases. Florsheim and BOGS recorded the strongest brand growth while Nunn Bush contracted; the company closed with $98.1 million in cash and no revolving debt. Management plans to build inventory to around $70 million by year-end, but warns of uncertainties from trade policy and the one‑time nature of the refunds. » Mere på de.investing.com

In the first quarter of 2026, Weyco Group's net sales remained unchanged at $68.0 million, while diluted earnings per share rose 12.3% to $0.64. Net income grew 10% to $6.1 million and operating income climbed 7% to $7.5 million, supported by cost management and operational efficiency. Inventories were reduced by 23.4% compared with December 2025, and the dividend was increased 4% to $0.28 per share. » Mere på de.investing.com

Weyco Group reported a net sales decline of 5% to $76.8 million in Q4 2025 and net income of $8.7 million (‑13%). Gross margin fell by 200 basis points year over year to 44.1%, mainly due to higher tariffs. The Florsheim brand achieved record wholesale sales of $92 million; the company holds $101 million in cash and no debt. Weyco expects around $16 million in tariff refunds following a supreme court ruling and plans to expand sourcing outside China; for 2025/2026 an EPS of $3.17 and revenue of $290.29 million are forecast. » Mere på de.investing.com

Weyco Group reported a 9% decline in sales to $58.2 million and a 60% drop in net profit to $2.3 million in the second quarter of 2025. The company is facing reduced consumer spending on non-essential goods and challenges related to supply chain diversification, but remains cautiously optimistic about the BOGS brand. CEO Tom Florsheim Jr. emphasized the company's resilience despite ongoing market uncertainties and rising costs. » Mere på de.investing.com

Florsheim is introducing a new premium men's shoe collection for fall, featuring Horween Leather's Essex material in three core styles. The collection, launching exclusively online in August, highlights craftsmanship and heritage design. Despite a recent dip in parent company Weyco Group's overall sales, Florsheim's performance remains strong, with robust sales and market share gains. » Mere på finance.yahoo.com