secwatch.observer — SEC 8-K summary
======================================

Issuer:     WEYCO GROUP INC (WEYS)
CIK:        0000106532
Form:       8-K
Filed at:   2022-03-08T23:59:59+00:00
Accession:  0001104659-22-031502
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Weyco Group Q4 net sales record $101.4M, EPS $1.07, full year net income $20.6M
-------------------------------------------------------------------------------

- Q4 net sales $101.4M (record), up 64% from $62.0M; net earnings $10.3M ($1.07 diluted) vs $5.1M ($0.52) a year ago.
- Full year 2021 net sales $267.6M, net earnings $20.6M ($2.12 diluted) vs net loss of $8.5M ($0.87 loss) in 2020.
- Wholesale segment Q4 sales $79.9M (+73%); retail segment sales $13.5M (+55%); other businesses $8.0M.
- Board declared quarterly cash dividend of $0.24 per share, payable March 31, 2022 to holders of record March 18, 2022.
- Management cites strong demand and recovery from pandemic; expects supply chain headwinds to continue into early 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/106532/000110465922031502/0001104659-22-031502-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/106532/000110465922031502/tm221051d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-031502

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer