Weyco (WEYS) - 2023 Q4 - Annual Results

Exhibit 99.1 WEYCO REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS Milwaukee, Wisconsin---March 5, 2024---Weyco Group, Inc. (NASDAQ: WEYS) ("we," "our," "us" and the "Company") today announced financial results for the quarter and year ended December 31, 2023. Fourth Quarter 2023 Consolidated net sales were $80.6 million, down 19$99.0 million in the fourth quarter of 2022. Consolidated gross earnings increased to 50.3% of net sales compared to 46.6% of net sales in last year's fourth quarter, due m ...