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WEYCO Group, Inc. Fourth Quarter and Full Year 2024 Earnings Conference Call
GlobeNewswire· 2025-01-24 21:05
Milwaukee, WI, Jan. 24, 2025 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ: WEYS), a global marketer of footwear, plans to announce fourth quarter and full year 2024 financial results after the close on Tuesday, March 4, 2025. Additionally, Thomas W. Florsheim, Jr., Chairman and CEO, will host a conference call on Wednesday, March 5, 2025, at 11:00 a.m. Eastern Time to discuss the financial results in more detail. To participate in the call, you will first need to pre-register online. Pre-registration take ...
Weyco (WEYS) - 2024 Q3 - Quarterly Report
2024-11-08 18:44
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________________ to _____________________________ Commission File Number: 000-09068 WEYCO GROUP, INC. (Exact name of registrant as specified in i ...
Weyco: Dividend Rally Was Not Driven By Fundamentals, Stock Now A Hold
Seeking Alpha· 2024-11-07 17:06
Weyco Group, Inc. (NASDAQ: WEYS ) released Q3 2024 earnings , with pretty challenging results, but announcing a one-time $2 dividend to shareholders of record as of November 18, 2024. This latter fact, coupled with the post-election rally, wereLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of ...
Weyco (WEYS) - 2024 Q3 - Earnings Call Transcript
2024-11-06 21:52
Weyco Group, Inc. (NASDAQ:WEYS) Q3 2024 Earnings Conference Call November 6, 2024 11:00 AM ET Company Participants Judy Anderson - Chief Financial Officer Tom Florsheim - Chairman and Chief Executive Officer John Florsheim - President and Chief Operating Officer Conference Call Participants David Wright - Henry Investment Trust John Deysher - Pinnacle Operator Good day, and thank you for standing by. Welcome to Weyco Group, Incorporated Third Quarter 2024 Earnings Release Conference Call. At this time, all ...
Weyco's Q3 Earnings Fall Y/Y, Suffer From Reduced Consumer Demand
ZACKS· 2024-11-06 19:35
For the third quarter of 2024, Weyco Group, Inc. (WEYS) reported earnings per share (EPS) of 84 cents, down from 98 cents in the same quarter last year, marking a decline of approximately 14%. Net sales for the quarter totaled $74.3 million, reflecting a 12% decrease from the $84.2 million recorded in the third quarter of 2023. This reduction in both revenues and earnings points to challenges in Weyco’s key markets, primarily driven by reduced consumer demand and unseasonably warm weather that impacted sale ...
Weyco (WEYS) - 2024 Q3 - Quarterly Results
2024-11-05 21:05
Exhibit 99.1 WEYCO REPORTS THIRD QUARTER 2024 SALES AND EARNINGS; DECLARES SPECIAL CASH DIVIDEND OF $2.00 PER SHARE Milwaukee, Wisconsin---November 5, 2024---Weyco Group, Inc. (NASDAQ: WEYS) ("we," "our," "us" and the "Company") today announced financial results for the quarter ended September 30, 2024. Third Quarter 2024 Overview ● Net sales: $74.3 million (down 12% compared to $84.2 million in Q3 2023) ● Gross earnings: 44.3% of net sales (up from 43.0% of net sales in Q3 2023) ● Earnings from operations: ...
Weyco Group, Inc. Declares Special Cash Dividend
GlobeNewswire News Room· 2024-11-05 21:05
MILWAUKEE, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ: WEYS) (the “Company”) announced that today its Board of Directors declared a special one-time cash dividend of $2.00 per share, for a total of approximately $19.0 million based on the number of shares currently outstanding. The dividend will be paid on January 2, 2025, to shareholders of record at the close of business on November 18, 2024. “We are pleased to announce this return of capital to shareholders,” stated Thomas W. Florsheim, ...
Weyco Reports Third Quarter 2024 Sales and Earnings; Declares Special Cash Dividend of $2.00 Per Share
GlobeNewswire News Room· 2024-11-05 21:05
MILWAUKEE, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ: WEYS) (“we,” “our,” “us” and the “Company”) today announced financial results for the quarter ended September 30, 2024. Third Quarter 2024 Overview Net sales: $74.3 million (down 12% compared to $84.2 million in Q3 2023)Gross earnings: 44.3% of net sales (up from 43.0% of net sales in Q3 2023)Earnings from operations: $10.2 million (down 18% compared to $12.4 million in Q3 2023)Net earnings: $8.1 million (down 14% compared to $9.3 milli ...
WEYCO Group, Inc. Third Quarter 2024 Earnings Conference Call
GlobeNewswire News Room· 2024-10-11 20:05
Milwaukee, WI, Oct. 11, 2024 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ: WEYS), a global marketer of footwear, plans to announce third quarter 2024 financial results after the close on Tuesday, November 5, 2024. Additionally, Thomas W. Florsheim, Jr., Chairman and CEO, will host a conference call on Wednesday, November 6, 2024, at 11:00 a.m. Eastern Time to discuss the financial results in more detail. To participate in the call, you will first need to pre-register online. Pre-registration takes only a f ...
Weyco: New Athleisure Styles, Connection With Retailers, And Cheap
Seeking Alpha· 2024-10-03 13:45
Weyco Group, Inc. (NASDAQ: WEYS ) recently introduced new hybrid and athleisure styles, which seem to bring significant revenue growth online. With many years in the industry and a number of connections with retailers in the United States, I London Stock Market Research is a service offered by an ex-investment banker from the city of London. After around 11 years in the industry, I decided to drop out, and made dollars out of what I learned in business. I appreciate value investments, and I usually buy comp ...