Florsheim Brand Performance
Florsheim was a standout brand with sales up 8% for the quarter, becoming a go-to brand for traditional dress and dress casual footwear priced under $150.
Cash and Liquidity Management
The company has $78.5 million in cash and marketable securities with no debt outstanding on its $40 million revolving line of credit. The Board of Directors declared a special cash dividend of $2 per share.
Florsheim Australia's Gross Earnings
Florsheim Australia's gross earnings as a percentage of net sales increased from 59.2% in Q3 2024 to 61% in Q3 2025.
Inventory Management
Inventory levels decreased from $74 million at the end of 2024 to $67.2 million as of September 30, 2025, indicating effective inventory management.