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WEYCO GROUP (WEYS)

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Earnings summaries and quarterly performance for WEYCO GROUP.

Recent press releases and 8-K filings for WEYS.

Weyco Group Reports Q3 2025 Financial Results with Decreased Sales and EPS, Declares Special Dividend
WEYS
Earnings
Dividends
Demand Weakening
  • 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.
Nov 5, 2025, 4:00 PM
WEYCO Group Declares Special Cash Dividend
WEYS
Dividends
  • 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.
Nov 4, 2025, 9:08 PM
Weyco Group Reports Q3 2025 Sales and Earnings, Declares Special Dividend
WEYS
Earnings
Dividends
Demand Weakening
  • 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.
Nov 4, 2025, 9:05 PM