Workflow
Weyco (WEYS) - 2024 Q3 - Quarterly Results
WEYSWeyco (WEYS)2024-11-05 21:05

Exhibit 99.1 WEYCO REPORTS THIRD QUARTER 2024 SALES AND EARNINGS; DECLARES SPECIAL CASH DIVIDEND OF 2.00PERSHAREMilwaukee,WisconsinNovember5,2024WeycoGroup,Inc.(NASDAQ:WEYS)("we,""our,""us"andthe"Company")todayannouncedfinancialresultsforthequarterendedSeptember30,2024.ThirdQuarter2024OverviewNetsales: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: ...