Weyco Q3 net sales $61.8M vs $53.2M; EPS $0.52 vs loss of $0.60 year ago

WEYCO GROUP INC

2021-Q3 EPS reported $1.05 revenue$166,262,000

Net earnings of $5.1M ($0.52/diluted share) vs net loss of $5.9M ($0.60) in Q3 2020.
Operating earnings $6.7M vs operating loss of $3.8M last year; Q3 2020 included $7.4M in non-recurring charges.
North American wholesale sales $50.2M (+14% YoY); retail same-store sales up 49% with e-commerce up 33%.
Declared quarterly dividend of $0.24/share, payable Dec 31, 2021 to holders of record Nov 29, 2021.
Supply chain bottlenecks delayed deliveries in Q3; improvement expected in Q4.

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