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Weyco Group inc   (WEYS)
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Price: $29.7000 $0.47 1.608%
Day's High: $29.7 Week Perf: 3.99 %
Day's Low: $ 28.81 30 Day Perf: -9.67 %
Volume (M): 25 52 Wk High: $ 33.70
Volume (M$): $ 728 52 Wk Avg: $28.02
Open: $28.81 52 Wk Low: $23.36



 Market Capitalization (Millions $) 847,281
 Shares Outstanding (Millions) 28,528
 Employees 662
 Revenues (TTM) (Millions $) 318
 Net Income (TTM) (Millions $) 30
 Cash Flow (TTM) (Millions $) 52
 Capital Exp. (TTM) (Millions $) 3

Weyco Group Inc

Weyco Group, Inc. is a Wisconsin corporation incorporated in the year 1906 as Weyenberg Shoe Manufacturing Company. Effective April 25, 1990, the name of the corporation was changed to Weyco Group, Inc.
Weyco Group, Inc. and its subsidiaries engage in one line of business, the design and distribution of quality and innovative footwear. The Company designs and markets footwear principally for men, but also for women and children, under a portfolio of well-recognized brand names including: “Florsheim,” “Nunn Bush,” “Stacy Adams,” “BOGS,” “Rafters” and “Umi.” Trademarks maintained by the Company on its brands are important to the business. The Company’s products consist primarily of mid-priced leather dress shoes and casual footwear composed of man-made materials or leather. In addition, the Company added outdoor boots, shoes and sandals in 2011 with the acquisition of the BOGS and Rafters brands. The Company’s footwear is available in a broad range of sizes and widths, primarily purchased to meet the needs and desires of the general American population.

The Company purchases finished shoes from outside suppliers, primarily located in China and India. Almost all of these foreign-sourced purchases are denominated in U.S. dollars. The Company continues to experience upward cost pressures from its suppliers related to a variety of factors, including higher labor, materials and freight costs. The Company has worked to increase its selling prices to offset the effect of these increases.


The Company’s business is separated into two reportable segments — the North American wholesale segment (“wholesale”) and the North American retail segment (“retail”). The Company also has other wholesale and retail businesses overseas which include its businesses in Australia, South Africa and Asia Pacific (collectively, “Florsheim Australia”) and its wholesale and retail businesses in Europe.



   Company Address: 333 W. Estabrook Boulevard Milwaukee 53201 WI
   Company Phone Number: 908-1600   Stock Exchange / Ticker: NASDAQ WEYS
   


Customers Net Income grew by WEYS's Customers Net Profit Margin grew to

3721.58 %

6.25 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

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Weyco Group Inc

Weyco Group Inc Navigates Challenging Business Environment with -18.635% Revenue Decrease in Q4 2023


MILWAUKEE, March 5, 2024 - Weyco Group, Inc. (NASDAQ: WEYS) has released its financial results for the quarter and year ended December 31, 2023. Despite a decline in revenue and earnings compared to the previous year, the company's improved net margin and efforts to reduce inventories indicate potential for future growth in the Apparel, Footwear & Accessories industry.
For the October to December 31, 2023 quarter, Weyco Group Inc reported a loss of $0.00 per share, a significant decrease from $1.07 per share in the same period a year ago and $0.98 per share from the previous quarter.

Weyco Group Inc

Weyco Group Inc experiences significant 12.5% decline in EPS, raising concerns about fiscal performance in Apparel, Footwear & Accessories sector

Weyco Group Inc, a prominent company in the Apparel, Footwear & Accessories industry, experienced a decline in both revenue and income in its most recent fiscal period. The income fell by 12.5% to $0.98 per share, while revenue dropped by 13.221% year on year. Comparing the corresponding time frame to the prior year, revenue decreased from $96.97 million to $84.15 million.
However, there was some positive news from the previous three months, as earnings per share soared by 96% to $0.50 per share and revenue improved by 25.571% to $67.01 million. Despite these improvements, the net earnings for the fiscal period ending September 30, 2023, declined by 13.31% to $9.337 million, compared to $10.770 million in the same period a year earlier.

Weyco Group Inc

Weyco Group Inc's Profits Take a Hit: Revenue Plunges 9.878% in Recent Fiscal Period, Raises Concerns for Future Sustainability

Weyco Group Inc, a company in the manufacturing and distribution industry, had a mixed fiscal period from April to June 30, 2023. While their earnings per share improved by 6.38% to $0.50, their revenue decreased by a significant -9.878% to $67.01 million compared to the prior reporting period. This decline in revenue is concerning as it indicates a shrinking customer base or slowing demand for their products.
In the previous fiscal period, the company reported a revenue of $86.29 million and a bottom line of $0.78 per share, indicating a decline in both metrics. The decrease in revenue and earnings per share is alarming and suggests potential challenges for the company's profitability in the future.

Weyco Group Inc

Weyco Group Inc Shows Impressive Financial Growth, Driving Investor Optimism

Investors in the Apparel, Footwear & Accessories industry have reason to be bullish as Weyco Group Inc continues to deliver impressive financial results. In the first quarter of the current fiscal year, Weyco Group Inc reported an 85.71% increase in earnings per share, rising to $0.78. This is a clear signal that the company is on an upward trajectory and is executing its strategies successfully.
Furthermore, the company's revenue also saw a significant increase of 6.064% to $86.29 million compared to the same reporting period a year ago. While it is true that revenues deteriorated by -12.876% from $99.05 million in the prior period, it is important to note that income faded by only -27.06% from $1.07 per share. This information suggests that Weyco Group Inc is recognizing its financial limitations and is taking proactive steps to address them.






 

Weyco Group Inc's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Weyco Group Inc does not provide revenue guidance.

Earnings Outlook
Weyco Group inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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