WEYS icon

Weyco Group

38.03 USD
+1.86
5.14%
At close Dec 20, 4:00 PM EST
After hours
37.86
-0.17
0.45%
1 day
5.14%
5 days
5.26%
1 month
7.79%
3 months
16.66%
6 months
29.97%
Year to date
21.85%
1 year
19.48%
5 years
44.11%
10 years
31.91%
 

About: Weyco Group Inc is a company, engaged in the manufacturing, designing, and distribution of footwear. The company designs and markets footwear for men, women, and children. It markets its apparel, accessories, and footwear under the brand names of Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters, and Forsake. The company organizes its business into two segments; the North American wholesale and the North American retail segment. The majority of the company's revenue is generated from the wholesale segment under which its products are sold to footwear, department, and specialty stores, as well as e-commerce retailers. The company has operational footprints in the United States which generates key revenue, Canada, Asia, South Africa, and Australia.

Employees: 608

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

256% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 9

40% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 5

16% more capital invested

Capital invested by funds: $68.3M [Q2] → $79.1M (+$10.8M) [Q3]

3% more funds holding

Funds holding: 65 [Q2] → 67 (+2) [Q3]

0.76% more ownership

Funds ownership: 23.7% [Q2] → 24.46% (+0.76%) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for WEYS.

Financial journalist opinion

Positive
Seeking Alpha
1 month ago
Weyco: Dividend Rally Was Not Driven By Fundamentals, Stock Now A Hold
Weyco Group, Inc.'s Q3 2024 earnings showed a 12% YoY sales decline, but the stock surged 20% due to a $2 one-time dividend and post-election rally. Despite maintaining profitability margins, Weyco's brands like BOGS and Nunn Bush faced significant challenges, while Florsheim showed resilience with a 1% YoY increase. The company's $2 dividend payout won't harm its balance sheet, reflecting management's conservative approach with $80M in cash reserves and no debt.
Weyco: Dividend Rally Was Not Driven By Fundamentals, Stock Now A Hold
Neutral
Seeking Alpha
1 month ago
Weyco Group, Inc. (WEYS) Q3 2024 Earnings Call Transcript
Weyco Group, Inc. (NASDAQ:WEYS ) Q3 2024 Earnings Conference Call November 6, 2024 11:00 AM ET Company Participants Judy Anderson - Chief Financial Officer Tom Florsheim - Chairman and Chief Executive Officer John Florsheim - President and Chief Operating Officer Conference Call Participants David Wright - Henry Investment Trust John Deysher - Pinnacle Operator Good day, and thank you for standing by. Welcome to Weyco Group, Incorporated Third Quarter 2024 Earnings Release Conference Call.
Weyco Group, Inc. (WEYS) Q3 2024 Earnings Call Transcript
Neutral
Zacks Investment Research
1 month ago
Weyco's Q3 Earnings Fall Y/Y, Suffer From Reduced Consumer Demand
WEYS' Q3 earnings declines 14% year over year, as unseasonably warm weather and reduced consumer demand impacted sales, with cost controls offering limited relief.
Weyco's Q3 Earnings Fall Y/Y, Suffer From Reduced Consumer Demand
Neutral
GlobeNewsWire
1 month ago
Weyco Reports Third Quarter 2024 Sales and Earnings; Declares Special Cash Dividend of $2.00 Per Share
MILWAUKEE, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ: WEYS) (“we,” “our,” “us” and the “Company”) today announced financial results for the quarter ended September 30, 2024.
Weyco Reports Third Quarter 2024 Sales and Earnings; Declares Special Cash Dividend of $2.00 Per Share
Neutral
GlobeNewsWire
1 month ago
Weyco Group, Inc. Declares Special Cash Dividend
MILWAUKEE, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ: WEYS) (the “Company”) announced that today its Board of Directors declared a special one-time cash dividend of $2.00 per share, for a total of approximately $19.0 million based on the number of shares currently outstanding. The dividend will be paid on January 2, 2025, to shareholders of record at the close of business on November 18, 2024.
Weyco Group, Inc. Declares Special Cash Dividend
Neutral
GlobeNewsWire
2 months ago
WEYCO Group, Inc. Third Quarter 2024 Earnings Conference Call
Milwaukee, WI, Oct. 11, 2024 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ: WEYS), a global marketer of footwear, plans to announce third quarter 2024 financial results after the close on Tuesday, November 5, 2024.  Additionally, Thomas W. Florsheim, Jr., Chairman and CEO, will host a conference call on Wednesday, November 6, 2024, at 11:00 a.m. Eastern Time to discuss the financial results in more detail.
WEYCO Group, Inc. Third Quarter 2024 Earnings Conference Call
Positive
Seeking Alpha
2 months ago
Weyco: New Athleisure Styles, Connection With Retailers, And Cheap
Weyco Group's new hybrid and athleisure styles are driving significant online revenue growth, positioning the company for future net sales increases. The company's strong relationships with retailers and licensing agreements in various markets provide a stable revenue base and growth opportunities. Weyco's extensive industry experience and in-house design capabilities are expected to accelerate future net revenue growth through successful new product introductions.
Weyco: New Athleisure Styles, Connection With Retailers, And Cheap
Positive
Seeking Alpha
3 months ago
Weyco's Q2 2024 Shows Sequential Improvement. The Stock Is Attractive Into H2 2024
Weyco Group's 2Q24 results show improved wholesale trends, with sales down 5% YoY but better than previous quarters' declines. Key brands Florsheim and Nunn Bush posted positive growth, while Stacy Adams and BOGS showed sequential improvements despite challenges. Lower product costs and stable prices have maintained gross margins, supporting profitability even with lower sales.
Weyco's Q2 2024 Shows Sequential Improvement. The Stock Is Attractive Into H2 2024
Neutral
Zacks Investment Research
4 months ago
Weyco's (WEYS) Q2 Earnings Rise Y/Y Despite a Dip in Sales
Weyco (WEYS) reports EPS of 59 cents for the second-quarter 2024, with net sales declining 5%. Strong gross earnings and cost management drive net earnings up 15% despite mixed segment performance.
Weyco's (WEYS) Q2 Earnings Rise Y/Y Despite a Dip in Sales
Neutral
Seeking Alpha
4 months ago
WEYCO Group, Inc. (WEYS) Q2 2024 Earnings Call Transcript
WEYCO Group, Inc. (WEYS) Q2 2024 Earnings Call Transcript
WEYCO Group, Inc. (WEYS) Q2 2024 Earnings Call Transcript
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