secwatch.observer — SEC 8-K summary
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Issuer:     WEYCO GROUP INC (WEYS)
CIK:        0000106532
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0001104659-22-085174
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Weyco Q2 sales hit record $74.4M (+29%); net earnings $4.5M ($0.47/sh) also record
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- Net sales $74.4M, up 29% YoY; net earnings $4.5M vs $3.8M; diluted EPS $0.47 vs $0.39.
- Wholesale sales record $59.0M (+41%); Florsheim and Stacy Adams each up 47%.
- Retail sales record $7.4M (+20%), driven by e-commerce growth across all sites.
- Gross margin improved to 40.0% from 39.4% on price increases and lower freight.
- Board declared $0.24/share dividend, payable Sept 30 to holders of record Aug 26.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/106532/000110465922085174/0001104659-22-085174-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/106532/000110465922085174/tm2222377d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-085174

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