Weyco (WEYS)
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Weyco's Q2 2024 Shows Sequential Improvement. The Stock Is Attractive Into H2 2024
Seeking Alpha· 2024-09-10 13:42
Compassionate Eye Foundation Weyco Group's (NASDAQ:WEYS) 2Q24 results showed positive sequential improvement in wholesale trends. The company's revenues decreased 5% YoY compared to a fall of 18% in 1Q24. Some of the company's brands are already showing positive growth in wholesale. Lower product costs and stable prices continue to positively affect its gross margins, and the company maintained its profitability YoY despite lower sales. As the company prepares for the important 2H24 season, it is confident ...
Weyco (WEYS) - 2025 Q1 - Earnings Call Presentation
2024-08-09 16:42
| --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------------------------------------------------------------------------------------|-------|-------|--------------|----------|----------------------|-------|-------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Overview | | | | | | | | | | | | | | | | ORION ENERGY SYSTEMS, INC. LED Lighting & Controls Lighting Maintenance EV Charging | | | | | | | AUGUST 202 ...
Weyco (WEYS) - 2024 Q2 - Quarterly Report
2024-08-08 15:42
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 Title of each class Trading Symbol Name of each exchange on which registered Common Stock - $1.00 par value per share WEYS The Nasdaq Stock Market 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 June 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ ...
Weyco's (WEYS) Q2 Earnings Rise Y/Y Despite a Dip in Sales
ZACKS· 2024-08-07 19:20
Weyco Group, Inc. (WEYS) reported its financial results for the second quarter ended Jun 30, 2024. Earnings per share (EPS) of 59 cents indicates an improvement from 50 cents in the prior-year quarter. Net sales of $63.9 million denoted a 5% decrease from $67 million in the second quarter of 2023 due to mixed performances across different segments and brands. The Wholesale segment showed resilience, and the Retail segment maintained steady sales but faced higher expenses. The cessation of operations in the ...
Weyco (WEYS) - 2024 Q2 - Earnings Call Transcript
2024-08-07 16:02
WEYCO Group, Inc. (NASDAQ:WEYS) Q2 2024 Earnings Conference Call August 7, 2024 11:00 AM ET Company Participants Judy Anderson - Vice President, Chief Financial Officer & Secretary Tom Florsheim - Chairman & Chief Executive Officer John Florsheim - President & Chief Operating Officer. Conference Call Participants David Wright - Henry Investment Trust Operator Good day, and thank you for standing by. Welcome to the Weyco Second Quarter 2024 Earnings Conference Call. [Operator Instructions]. Please be advised ...
Weyco (WEYS) - 2024 Q2 - Quarterly Results
2024-08-06 20:05
Exhibit 99.1 WEYCO REPORTS SECOND QUARTER 2024 SALES AND EARNINGS Milwaukee, Wisconsin---August 6, 2024---Weyco Group, Inc. (NASDAQ: WEYS) ("we," "our," "us" and the "Company") today announced financial results for the quarter ended June 30, 2024. Second Quarter 2024 Overview ● Net sales: $63.9 million (down 5% compared to $67.0 million in Q2 2023) ● Gross earnings: 43.9% of net sales (up from 43.3% of net sales in Q2 2023) ● Earnings from operations: $6.7 million (flat with Q2 2023) ● Net earnings: record ...
WEYCO Group, Inc. Second Quarter 2024 Earnings Conference Call
GlobeNewswire News Room· 2024-07-09 20:05
To participate in the call, you will first need to pre-register online. Pre-registration takes only a few minutes and you may pre-register at any time, including up to and after the call start time. To pre-register, please go to: https://register.vevent.com/register/BI0df6b3e05d40441fa61e8df12529d329. The pre-registration process will provide the conference call phone number and a passcode required to enter the call. A replay will be available for one year beginning about two hours after the completion of t ...
Weyco (WEYS) - 2024 Q1 - Earnings Call Transcript
2024-05-11 12:03
WEYCO Group, Inc. (NASDAQ:WEYS) Q1 2024 Earnings Conference Call May 8, 2024 11:00 AM ET Company Participants Judy Anderson - CFO, VP & Secretary Thomas Florsheim - Chairman & CEO John Florsheim - President, COO, Assistant Secretary & Director Conference Call Participants David Wright - Henry Partners Operator Good day and thank you for standing by. Welcome to the Weyco Group First Quarter 2024 Earnings Release Conference Call. [Operator Instructions]. I would now like to hand the conference over to your fi ...
Weyco (WEYS) - 2024 Q1 - Quarterly Report
2024-05-09 18:12
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 March 31, 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 its c ...
Weyco (WEYS) - 2024 Q1 - Quarterly Results
2024-05-07 20:05
Exhibit 99.1 WEYCO REPORTS FIRST QUARTER SALES AND EARNINGS Milwaukee, Wisconsin---May 7, 2024---Weyco Group, Inc. (NASDAQ: WEYS) (“we,” “our,” “us” and the “Company”) today announced financial results for the quarter ended March 31, 2024. First Quarter 2024 Consolidated net sales were $71.6 million, down 17% compared to record first-quarter sales of $86.3 million in 2023. Consolidated gross earnings increased to 44.7% of net sales compared to 43.1% of net sales in last year’s first quarter, due to higher g ...