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Weyco Group ( (WEYS) ) has issued an announcement.
On January 1, 2026, Weyco Group, Inc. renewed and updated three-year employment agreements with Chairman and CEO Thomas W. Florsheim, Jr. and President and COO John W. Florsheim, extending their terms through December 31, 2028 and reaffirming their current and future board-assigned duties. The contracts provide for base salaries subject to potential increases, eligibility for bonus and participation in the company’s benefit and equity plans, continued automobile use, restrictive covenants including confidentiality and non-compete obligations, and severance protections in cases of death, disability, termination without cause or certain qualifying circumstances, underscoring the company’s intention to secure and retain its long-serving executive leadership team.
The most recent analyst rating on (WEYS) stock is a Buy with a $34.00 price target. To see the full list of analyst forecasts on Weyco Group stock, see the WEYS Stock Forecast page.
Spark’s Take on WEYS Stock
According to Spark, TipRanks’ AI Analyst, WEYS is a Outperform.
Weyco Group’s overall stock score is driven by its solid financial performance and attractive valuation, particularly the high dividend yield. However, challenges in revenue growth and cash flow, along with mixed technical indicators, temper the overall outlook. The earnings call underscores ongoing operational challenges, while the special dividend highlights financial strength and shareholder returns.
To see Spark’s full report on WEYS stock, click here.
More about Weyco Group
Weyco Group, Inc. operates in the footwear industry, focusing on the design, marketing and distribution of shoes, with its leadership structure centered around Chairman and Chief Executive Officer Thomas W. Florsheim, Jr. and President and Chief Operating Officer John W. Florsheim.
Average Trading Volume: 15,343
Technical Sentiment Signal: Hold
Current Market Cap: $289.6M
Learn more about WEYS stock on TipRanks’ Stock Analysis page.