Weyco Group Inc (WEYS)
NASDAQ:WEYS
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Earnings Data
Report Date
Aug 04, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.24Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a balanced picture: the company delivered improved profitability (operating earnings +7%, net earnings +10%, EPS +≈12%), strengthened cash and shareholder returns (cash $93.9M, dividend up 4%), wholesale efficiency gains, and e-commerce/Florsheim momentum. Offsetting these positives are persistent top-line stagnation (flat sales), meaningful brand declines (Stacy Adams -9%, BOGS -11%), gross margin compression driven by tariffs, and significant uncertainty around trade policy and potential incremental tariff costs (~$10M at a 10% run-rate). Management has mitigation actions and potential tariff refunds in process, but timing and amounts remain uncertain.Company Guidance
Improved Profitability
Earnings from operations increased to $7.5M (up 7% vs $7.0M a year ago). Net earnings rose to $6.1M (up 10% vs $5.5M). Diluted EPS was $0.64, up from $0.57 (≈+12%).
Strong Cash Position and Shareholder Return
Cash and marketable securities totaled $93.9M with no outstanding debt on a $40M revolving credit line. The company generated $17.4M of cash from operations in the quarter and the Board declared a quarterly cash dividend of $0.28 per share (up 4% from $0.27).
Wholesale Operational Efficiency
Wholesale operating earnings increased to $7.0M (up 5%), supported by lower wholesale selling & administrative expenses of $13.8M (26% of net sales vs 27% prior year) driven by reduced employee/benefit costs and fewer temporary labor hours in distribution.
Retail and E-commerce Momentum
Retail net sales rose 2% to $8.8M and retail operating earnings improved to $0.8M from $0.6M (≈+33%), driven by stronger Florsheim e-commerce sales and higher web margins due to less closeout inventory.
Florsheim Brand Strength and Market Share Gains
Florsheim division sales increased 5%, continuing market-share gains in the dress footwear category and progress expanding into hybrid and casual footwear.
Inventory Reduction and Cleanup
Inventory declined to $50.5M as of 03/31/2026 from $65.9M at 12/31/2025 and is down about $18M vs prior year 03/31; management attributes the reduction to timing and closeout cleanup that improved margins, with inventories expected to normalize to $60M–$70M during the year.
Progress on Tariff Refund Process
Following a favorable Supreme Court ruling on IEPA, the company submitted phase one claims totaling $18.6M to CBP for potential refunds (phase two $1.2M pending). This represents a potential recovery of previously paid IEPA tariffs.
WEYS Earnings History
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 05, 2026 | $31.80 | $32.33 | +1.67% |
Mar 03, 2026 | $32.22 | $32.73 | +1.60% |
Nov 04, 2025 | $26.14 | $29.07 | +11.17% |
Aug 05, 2025 | $27.00 | $26.48 | -1.91% |
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 04, 2026, After Close (Confirmed).
What is Weyco Group Inc (WEYS) earnings time?
Weyco Group Inc (WEYS) earnings time is at Aug 04, 2026, After Close (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?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WEYS EPS forecast?
Currently, no data Available