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Weyco Group Inc (WEYS)
NASDAQ:WEYS
US Market

Weyco Group (WEYS) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Aug 05, 2025
TBA Not Confirmed
Period Ending
2025 (Q2)
Consensus EPS Forecast
Last Year’s EPS
0.59
Same Quarter Last Year
Based on 0 Analysts Ratings

Earnings Call Summary

Earnings Call Date:May 06, 2025
|
% Change Since: 5.57%
|
Next Earnings Date:Aug 05, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. While there were some positive achievements such as strong performance in the Florsheim brand, improvement in retail gross earnings, and a strong cash position, these were countered by significant declines in net sales, wholesale and retail segments, and challenges posed by increased tariffs. The company is navigating these challenges with strategic actions like diversifying its supply chain, but the uncertain impact of tariffs on future costs remains a concern.
Company Guidance
During the first quarter of 2025, Weyco Group faced a challenging economic environment, resulting in a 5% decline in net sales to $68 million compared to the same quarter in 2024. The company's consolidated gross earnings were 44.6% of net sales, slightly down from 44.7% last year. Operating earnings dropped 15% to $7 million, and net earnings decreased to $5.5 million or $0.57 per diluted share from $6.7 million or $0.69 per share in the previous year. The North American wholesale segment experienced a 4% decline in net sales to $54.3 million, while retail segment sales fell 12% to $8.7 million. Florsheim Australia's sales also decreased by 7% to $5.1 million, influenced by currency fluctuations and the closure of operations in the Asia Pacific region. Despite these challenges, the company is implementing strategies to mitigate the impact of increased tariffs, including diversifying its supply chain and adjusting product pricing. The Board of Directors declared a cash dividend of $0.27 per share, a 4% increase from the prior rate. At the end of the quarter, Weyco Group had $77.9 million in cash and marketable securities, with no debt on its revolving credit line.
Florsheim Brand Performance
Florsheim's performance was particularly strong with the brand up 7% in a challenging environment, gaining market share across various categories.
Retail Gross Earnings Improvement
Retail gross earnings as a percent of net sales improved to 66.6% from 65.3% in the first quarter of 2024.
Strong Cash Position
Cash and marketable securities totaled $77.9 million with no debt outstanding on a $40 million revolving line of credit.
Dividend Increase
A cash dividend of $0.27 per share was declared, representing a 4% increase over the previous rate of $0.26.
Florsheim Australia's Retail Growth
Florsheim Australia saw an 11% increase in same-store retail sales despite economic headwinds.

Weyco Group (WEYS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

WEYS Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Aug 05, 2025
2025 (Q2)
- / -
0.587
May 06, 2025
2025 (Q1)
- / 0.57
0.694-17.29% (-0.12)
Mar 04, 2025
2024 (Q4)
- / 1.03
0.89715.27% (+0.14)
Nov 05, 2024
2024 (Q3)
- / 0.84
0.98-14.29% (-0.14)
Aug 06, 2024
2024 (Q2)
- / 0.59
0.5115.10% (+0.08)
May 07, 2024
2024 (Q1)
- / 0.69
0.78-11.03% (-0.09)
Mar 05, 2024
2023 (Q4)
- / 0.90
1.067-15.93% (-0.17)
Nov 07, 2023
2023 (Q3)
- / 0.98
1.121-12.58% (-0.14)
Aug 01, 2023
2023 (Q2)
- / 0.51
0.4659.68% (+0.04)
May 02, 2023
2023 (Q1)
- / 0.78
0.4285.71% (+0.36)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

WEYS Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 06, 2025
$30.00$30.96+3.20%
Mar 04, 2025
$32.20$31.63-1.77%
Nov 05, 2024
$31.95$38.01+18.97%
Aug 06, 2024
$28.58$28.34-0.84%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Weyco Group Inc (WEYS) report earnings?
Weyco Group Inc (WEYS) is schdueled to report earning on Aug 05, 2025, TBA Not Confirmed.
    What is Weyco Group Inc (WEYS) earnings time?
    Weyco Group Inc (WEYS) earnings time is at Aug 05, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
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          What is WEYS EPS forecast?
          Currently, no data Available
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