WEYCO GROUP (WEYS)

• Weyco Group reported Q4 2025 net sales of $76.8 million, a 5% decrease from the prior year, with diluted earnings per share of $0.91. For the full year 2025, net sales were $276 million, down 5% from 2024, and net earnings totaled $23.1 million, a 24% decrease from the previous year.
• The company faced significant challenges from incremental tariffs in 2025, which increased product costs by 19%-50% and negatively impacted gross margins. Weyco Group paid approximately $16 million in these tariffs and has filed a lawsuit seeking a full refund after a Supreme Court ruling invalidated their statutory basis.
• Despite overall sales declines, the Florsheim brand achieved record wholesale sales of $92 million in 2025. The company is also diversifying its manufacturing base to reduce reliance on China, which previously accounted for 65%-70% of cost of goods sold.
• Weyco Group maintained a strong financial position with $101 million in cash and marketable securities and no debt at December 31, 2025. In 2025, the company generated $37.3 million in cash from operations, paid $7.7 million in dividends, and repurchased $5.3 million of company stock.

• Weyco Group reported Q4 2025 consolidated net sales of $76.8 million, a 5% decrease from Q4 2024, and full-year 2025 consolidated net sales of $276 million, also down 5% from 2024. Diluted earnings per share were $0.91 for Q4 2025 and $20.41 for the full year 2025.
• The company's gross margins were negatively impacted by incremental tariffs, with consolidated gross earnings at 44.1% of net sales in Q4 2025 and 43.2% for the full year. Weyco Group paid approximately $16 million in incremental tariffs in 2025.
• Following a Supreme Court ruling invalidating the statutory basis for these tariffs, Weyco Group has filed a lawsuit seeking a refund for the $16 million paid and is optimistic about its recovery. The company has also diversified its manufacturing base to reduce reliance on China.
• As of December 31, 2025, Weyco Group held $101 million in cash and marketable securities with no outstanding debt. In 2025, the company generated $37.3 million in cash from operations, paid $7.7 million in dividends, and repurchased $5.3 million of company stock. A Q1 2026 cash dividend of $0.27 per share was declared on March 3, 2026.

• Weyco Group's consolidated net sales for Q4 2025 were $76.8 million, down 5% from Q4 2024, and full-year 2025 consolidated net sales were $276 million, also down 5% from 2024. Diluted earnings per share were $0.91 for Q4 2025 (down from $1.04 in Q4 2024) and $20.41 for full-year 2025 (up from $3.16 in 2024).
• The company's gross margins were negatively impacted by incremental tariffs, with consolidated gross earnings at 44.1% of net sales in Q4 2025 (down from 47.9% in Q4 2024) and 43.2% for the full year 2025 (down from 45.3% in 2024). Weyco Group paid approximately $16 million in incremental tariffs in 2025.
• Following a Supreme Court ruling that invalidated the statutory basis for certain tariffs, Weyco Group filed a lawsuit seeking a refund for the $16 million in incremental tariffs paid in 2025 and is optimistic about recovering the full amount.
• Despite challenges from dampened consumer sentiment and conservative inventory management by accounts, the company ended 2025 with $101 million in cash and marketable securities, no outstanding debt, and a healthy inventory level of $65.9 million (down from $74 million at December 31, 2024).
• In 2025, the company generated $37.3 million in cash from operations, paid $7.7 million in dividends, and repurchased $5.3 million of company stock.

WEYCO GROUP, INC. reported its financial results for the fourth quarter and full year ended December 31, 2025.

• The company's gross margins were negatively impacted by incremental tariffs in 2025, which increased product costs by 19% to 50%, with approximately $16 million paid in these tariffs. On February 20, 2026, the U.S. Supreme Court invalidated the statutory basis for these tariffs, and the company has filed a lawsuit seeking a refund.
• On March 3, 2026, the Board of Directors declared a quarterly cash dividend of $0.27 per share.

• Weyco Group announced Q4 2025 net sales of $76.8 million, a 5% decrease from Q4 2024, with diluted earnings per share of $0.91, down from $1.04 in Q4 2024.
• For the full year 2025, net sales were $276.2 million, a 5% decrease from 2024, and diluted earnings per share were $2.41, down from $3.16 in 2024.
• Gross margins were negatively impacted by $16 million in incremental tariffs paid in 2025, although the U.S. Supreme Court later invalidated the statutory basis for these tariffs.
• The Board of Directors declared a quarterly cash dividend of $0.27 per share, payable on March 31, 2026.

• Weyco Group reported Q3 2025 net sales of $73.1 million, a 2% decrease from $74.3 million in Q3 2024, with diluted earnings per share of $0.69, down from $0.84 in the prior year period.
• Consolidated gross earnings were 40.7% of net sales, a decline from 44.3% in Q3 2024, with the margin erosion 100% attributable to incremental tariffs.
• The company maintained a strong financial position with $78.5 million in cash and marketable securities and no outstanding debt on its revolving line of credit as of September 30, 2025.
• On November 4, 2025, the Board of Directors declared a quarterly cash dividend of $0.27 per share and a special cash dividend of $2 per share.
• Weyco Group made a strategic decision to wind down operations of the Forsake brand to optimize its brand portfolio.

• WEYCO Group, Inc. (WEYS) announced that its Board of Directors declared a special cash dividend of $2.00 per share.
• The total cash outlay for this special dividend will be approximately $19 million.
• The dividend is scheduled to be paid on January 9, 2026, to shareholders of record at the close of business on November 17, 2025.

• Weyco Group, Inc. reported net sales of $73.1 million for Q3 2025, a 2% decrease from Q3 2024, with diluted earnings per share of $0.69, down from $0.84 in the prior year period.
• The company's performance was impacted by a 2% decline in North American Wholesale net sales due to reduced business with a large customer and compressed gross margins resulting from incremental tariffs.
• The Board of Directors declared a regular quarterly cash dividend of $0.27 per share and a special cash dividend of $2.00 per share, both payable on January 9, 2026.
• Weyco Group also announced the strategic decision to wind down operations of the Forsake brand due to its lack of growth and profitability, with no material impact expected on consolidated financial statements.