{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-055015","form_type":"8-K","ticker":"WEYS","cik":"0000106532","company_name":"WEYCO GROUP INC","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.826889+00:00","generated_at":"2026-06-16T02:34:35.008144+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 Q1 net sales record $86.3M, EPS $0.78 up 84% YoY, dividend raised to $0.25","bullets":["Q1 net sales record $86.3M (+6% YoY); diluted EPS $0.78 vs $0.42.","Wholesale operating earnings record $8.8M (+82%) on gross margins of 38.2% vs 30.0%.","Retail segment record sales $8.9M (+14%); operating earnings $1.3M (+55%).","Florsheim Australia sales up 24% in local currency; segment posted $275K operating profit vs loss.","Quarterly dividend raised 4% to $0.25 per share, payable June 30 to holders of record May 26."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-055015","json":"https://secwatch.observer/filing/0001104659-23-055015.json","markdown":"https://secwatch.observer/filing/0001104659-23-055015.md","text":"https://secwatch.observer/filing/0001104659-23-055015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/106532/000110465923055015/0001104659-23-055015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/106532/000110465923055015/tm2314407d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T02:34:35.008144+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":"b89f8fcd9c3db3067efff3dee2f6c18885f51fee","claim":"WEYCO GROUP INC reported financial results for quarter ended March 31, 2023.","evidence_excerpt":"Consolidated net sales were a first-quarter record of $86.3 million, up 6% compared to our previous record of $81.4 million in 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/106532/000110465923055015/0001104659-23-055015-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended March 31, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b89f8fcd9c3db3067efff3dee2f6c18885f51fee","claim":"WEYCO GROUP INC reported financial results for quarter ended March 31, 2023.","evidence_excerpt":"Operating earnings were a first-quarter record of $10.4 million, up more than 90% over last year's first quarter operating earnings of $5.4 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/106532/000110465923055015/0001104659-23-055015-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended March 31, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b89f8fcd9c3db3067efff3dee2f6c18885f51fee","claim":"WEYCO GROUP INC reported financial results for quarter ended March 31, 2023.","evidence_excerpt":"Net earnings were a first-quarter record of $7.4 million, or $0.78 per diluted share, up 84% compared to $4.1 million, or $0.42 per diluted share, last year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/106532/000110465923055015/0001104659-23-055015-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended March 31, 2023"},{"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"}