{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-029571","form_type":"8-K","ticker":"WEYS","cik":"0000106532","company_name":"WEYCO GROUP INC","filed_at":"2023-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.750557+00:00","generated_at":"2026-06-18T09:15:03.010845+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Weyco Group reports record FY 2022 sales $351.7M, EPS $3.07; Q4 operating earnings record $15.1M","bullets":["FY 2022 net sales record $351.7M (+31% YoY); operating earnings record $40.4M (+57%); net earnings record $29.5M ($3.07 diluted EPS).","Q4 net sales $99.0M (-2% YoY); Q4 operating earnings record $15.1M (+18%); Q4 EPS $1.06 vs $1.07 last year.","North American wholesale net sales record $283.2M (+38%); retail net sales record $36.7M (+16%).","Gross margins in wholesale returned to pre-pandemic levels due to price increases; selling and administrative expenses up.","Board declared cash dividend of $0.24 per share, payable March 31, 2023 to holders of record March 17, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-029571","json":"https://secwatch.observer/filing/0001104659-23-029571.json","markdown":"https://secwatch.observer/filing/0001104659-23-029571.md","text":"https://secwatch.observer/filing/0001104659-23-029571.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/106532/000110465923029571/0001104659-23-029571-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/106532/000110465923029571/tm2229422d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T09:15:03.010845+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"06e27dd3b4beca0f5f759ced86258cec68385f39","claim":"WEYCO GROUP INC reported fourth quarter ended December 31, 2022 results: revenue $99.0 million, net income $10.2 million, EPS $1.06 per diluted share.","evidence_excerpt":"WEYS) (“we,” “our,” “us” and the “Company”) today announced financial results for the quarter and year ended December 31, 2022. Fourth Quarter 2022 Consolidated net sales were $99.0 million, down 2% from $101.4 million in the fourth quarter of 2021. Consolidated gross earnings increased to 46.6% of net sales compared to 40.2% of net sales in last year’s fourth","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/106532/000110465923029571/0001104659-23-029571-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$99.0 million"},{"label":"Net income","value":"$10.2 million"},{"label":"EPS","value":"$1.06 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"5b462ff689b10b9acdd1b0f17f9cc287ab804aa6","claim":"WEYCO GROUP INC reported full year ended December 31, 2022 results: revenue $351.7 million, net income $29.5 million, EPS $3.07 per diluted share.","evidence_excerpt":"to $41,000 last year. The increase was driven by improved performance of our retail business in Australia. Full Year 2022 Consolidated net sales for the full year were a record $351.7 million, up 31% compared to $267.6 million in 2021. Consolidated gross earnings as a percent of net sales were 41.1% and 40.1% in 2022 and 2021, respectively. Operating earnings were a","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/106532/000110465923029571/0001104659-23-029571-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year ended December 31, 2022"},{"label":"Revenue","value":"$351.7 million"},{"label":"Net income","value":"$29.5 million"},{"label":"EPS","value":"$3.07 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}