Weyco Group

Weyco Reports First Quarter Sales and Earnings

Retrieved on: 
Tuesday, May 7, 2024
Weyco Group, Video game

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 gross margins in our North American wholesale segment.

Key Points: 
  • 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 gross margins in our North American wholesale segment.
  • Net sales in our wholesale segment were $56.2 million, down 20% compared to record sales of $69.9 million in the first quarter of 2023.
  • Wholesale gross earnings were 39.6% of net sales compared to 38.2% of net sales last year.
  • Florsheim Australia’s gross earnings were 60.2% of net sales for the quarter and 60.5% of net sales last year.

WEYCO Group, Inc. First Quarter 2024 Earnings Conference Call

Retrieved on: 
Monday, April 8, 2024
Florsheim, Weyco Group, Woman

MILWAUKEE, WI, April 08, 2024 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ: WEYS), a global marketer of footwear, plans to announce first quarter 2024 financial results after the close on Tuesday, May 7, 2024.

Key Points: 
  • MILWAUKEE, WI, April 08, 2024 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ: WEYS), a global marketer of footwear, plans to announce first quarter 2024 financial results after the close on Tuesday, May 7, 2024.
  • Additionally, Thomas W. Florsheim, Jr., Chairman and CEO, will host a conference call on Wednesday, May 8, 2024, at 11:00 a.m. Eastern Time to discuss the financial results in more detail.
  • Alternatively, the conference call will be available by visiting the investor relations section of Weyco Group’s website at www.weycogroup.com .
  • Weyco Group also operates Florsheim concept stores in the United States and Australia, as well as in a variety of international markets.

Weyco Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, March 5, 2024
Growth, Weyco Group, Stacy Adams, Video game

Wholesale gross earnings were 44.9% of net sales for the quarter compared to 41.3% of net sales in last year’s fourth quarter.

Key Points: 
  • Wholesale gross earnings were 44.9% of net sales for the quarter compared to 41.3% of net sales in last year’s fourth quarter.
  • Retail operating earnings reached a record $3.5 million in the fourth quarter of 2023, up 6% over $3.3 million in 2022.
  • Florsheim Australia’s gross earnings were 65.4% of net sales for the quarter compared to 61.8% of net sales in the fourth quarter of 2022.
  • Weyco Group will host a conference call on March 6, 2024, at 11:00 a.m. Eastern Time to discuss the fourth quarter and full year 2023 financial results in more detail.

WEYCO Group, Inc. Fourth Quarter and Full Year 2023 Earnings Conference Call

Retrieved on: 
Monday, January 22, 2024
Florsheim, Woman, Weyco Group

MILWAUKEE, WI, Jan. 22, 2024 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ: WEYS), a global marketer of footwear, plans to announce fourth quarter and full year 2023 financial results after the close on Tuesday, March 5, 2024.

Key Points: 
  • MILWAUKEE, WI, Jan. 22, 2024 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ: WEYS), a global marketer of footwear, plans to announce fourth quarter and full year 2023 financial results after the close on Tuesday, March 5, 2024.
  • The pre-registration process will provide the conference call phone number and a passcode required to enter the call.
  • Alternatively, the conference call will be available by visiting the investor relations section of Weyco Group’s website at www.weycogroup.com .
  • Weyco Group also operates Florsheim concept stores in the United States and Australia, as well as in a variety of international markets.

Weyco Reports Third Quarter Sales and Earnings

Retrieved on: 
Tuesday, November 7, 2023
Growth, Weyco Group, Video game, Retail

Consolidated gross earnings increased to 43.0% of net sales compared to 40.6% of net sales in last year’s third quarter, due mainly to higher gross margins in our North American wholesale segment.

Key Points: 
  • Consolidated gross earnings increased to 43.0% of net sales compared to 40.6% of net sales in last year’s third quarter, due mainly to higher gross margins in our North American wholesale segment.
  • Florsheim net sales were down 7%, compared to record sales for the brand in last year’s third quarter.
  • Wholesale gross earnings were 38.6% of net sales in the third quarter of 2023 compared to 36.3% of net sales last year.
  • Florsheim Australia’s gross earnings were 61.6% of net sales compared to 61.4% of net sales in last year’s third quarter.

WEYCO Group, Inc. Third Quarter 2023 Earnings Conference Call

Retrieved on: 
Thursday, October 12, 2023
Weyco Group, Florsheim, Do Not Forsake Me Oh My Darling, Woman, Cryptocurrency, Rafter

Milwaukee, WI, Oct. 12, 2023 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ: WEYS), a global marketer of footwear, plans to announce third quarter 2023 financial results after the close on Tuesday, November 7, 2023.

Key Points: 
  • Milwaukee, WI, Oct. 12, 2023 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ: WEYS), a global marketer of footwear, plans to announce third quarter 2023 financial results after the close on Tuesday, November 7, 2023.
  • Additionally, Thomas W. Florsheim, Jr., Chairman and CEO, will host a conference call on Wednesday, November 8, 2023, at 11:30 a.m. Eastern Time to discuss the financial results in more detail.
  • Alternatively, the conference call will be available by visiting the investor relations section of Weyco Group’s website at www.weycogroup.com .
  • Weyco Group also operates Florsheim concept stores in the United States and Australia, as well as in a variety of international markets.

Weyco Reports Second Quarter Sales and Earnings

Retrieved on: 
Tuesday, August 1, 2023
Weyco Group, Stacy Adams, Video game, Pharmaceutical industry

Consolidated gross earnings increased to 43.3% of net sales compared to 40.0% of net sales in last year’s second quarter, due mainly to higher gross margins in our North American wholesale segment.

Key Points: 
  • Consolidated gross earnings increased to 43.3% of net sales compared to 40.0% of net sales in last year’s second quarter, due mainly to higher gross margins in our North American wholesale segment.
  • Net sales in our wholesale segment were $51.5 million, down 13% compared to record sales of $59.0 million in the second quarter of 2022.
  • Wholesale gross earnings were 37.0% of net sales in the second quarter of 2023 compared to 33.7% of net sales last year.
  • Florsheim Australia’s gross earnings were 62.4% of net sales compared to 61.3% of net sales in last year’s second quarter.

WEYCO Group, Inc. Second Quarter 2023 Earnings Conference Call

Retrieved on: 
Thursday, July 13, 2023
Florsheim, Weyco Group, Woman, Do Not Forsake Me Oh My Darling, Cryptocurrency, Rafter

MILWAUKEE, WI, July 13, 2023 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ: WEYS), a global marketer of footwear, plans to announce second quarter 2023 financial results after the close on Tuesday, August 1, 2023.

Key Points: 
  • MILWAUKEE, WI, July 13, 2023 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ: WEYS), a global marketer of footwear, plans to announce second quarter 2023 financial results after the close on Tuesday, August 1, 2023.
  • Additionally, Thomas W. Florsheim, Jr., Chairman and CEO, will host a conference call on Wednesday, August 2, 2023, at 11:00 a.m. Eastern Time to discuss the financial results in more detail.
  • Alternatively, the conference call will be available by visiting the investor relations section of Weyco Group’s website at www.weycogroup.com .
  • Weyco Group also operates Florsheim concept stores in the United States and Australia, as well as in a variety of international markets.

Weyco Reports First Quarter Sales And Earnings

Retrieved on: 
Tuesday, May 2, 2023
Brick, Florsheim, Weyco Group, Growth, Video game

Consolidated gross earnings increased to 43.1% of net sales compared to 35.8% of net sales in last year’s first quarter, due mainly to higher gross margins in our North American wholesale segment.

Key Points: 
  • Consolidated gross earnings increased to 43.1% of net sales compared to 35.8% of net sales in last year’s first quarter, due mainly to higher gross margins in our North American wholesale segment.
  • Florsheim posted 15% growth for the quarter, driven by higher sales of dress and dress-casual footwear, and achieved record quarterly sales on top of record sales for the brand last year.
  • Wholesale selling and administrative expenses totaled $17.9 million, or 26% of net sales, for the quarter compared to $15.3 million, or 23% of net sales, in last year’s first quarter.
  • Other gross earnings were 60.5% of net sales compared to 59.6% of net sales in last year’s first quarter.

WEYCO Group, Inc. First Quarter 2023 Earnings Conference Call

Retrieved on: 
Wednesday, April 5, 2023
Weyco Group, Woman, Do Not Forsake Me Oh My Darling, Florsheim, Cryptocurrency, Rafter

Milwaukee, WI, April 05, 2023 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ: WEYS), a global marketer of footwear, plans to announce first quarter 2023 financial results after the close on Tuesday, May 2, 2023.

Key Points: 
  • Milwaukee, WI, April 05, 2023 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ: WEYS), a global marketer of footwear, plans to announce first quarter 2023 financial results after the close on Tuesday, May 2, 2023.
  • Additionally, Thomas W. Florsheim, Jr., Chairman and CEO, will host a conference call on Wednesday, May 3, 2023, at 11:00 a.m. Eastern Time to discuss the financial results in more detail.
  • Alternatively, the conference call will be available by visiting the investor relations section of Weyco Group’s website at www.weycogroup.com .
  • Weyco Group also operates Florsheim concept stores in the United States and Australia, as well as in a variety of international markets.