{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-115225","form_type":"8-K","ticker":"WEYS","cik":"0000106532","company_name":"WEYCO GROUP INC","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.092138+00:00","generated_at":"2026-06-08T13:13:38.664213+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Weyco Q3 net sales $84.2M (-13% YoY); EPS $0.98 vs $1.12; dividend $0.25","bullets":["Consolidated net sales $84.2M, down 13% from record $97.0M in Q3 2022.","Diluted EPS $0.98 vs $1.12 last year; operating earnings $12.4M (-12% YoY).","Wholesale sales $69.5M (-15% YoY); BOGS sales down 42%; Nunn Bush +11%.","Retail sales record $7.6M (+6% YoY) driven by e-commerce gains at BOGS and Florsheim.","Board declared $0.25/share dividend, payable Jan 2, 2024 to holders of record Nov 27, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-115225","json":"https://secwatch.observer/filing/0001104659-23-115225.json","markdown":"https://secwatch.observer/filing/0001104659-23-115225.md","text":"https://secwatch.observer/filing/0001104659-23-115225.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/106532/000110465923115225/0001104659-23-115225-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/106532/000110465923115225/tm2330115d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T13:13:38.664213+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":"05a8bda2d3d690c8ca94d889522a7b2bc883cacd","claim":"WEYCO GROUP INC reported quarter ended September 30, 2023 results: revenue $84.2 million, net income $9.3 million, EPS $0.98 per diluted share.","evidence_excerpt":"Weyco Group, Inc. (NASDAQ: WEYS) (“we,” “our,” “us” and the “Company”) today announced financial results for the quarter ended September 30, 2023. Third Quarter 2023 Consolidated net sales were $84.2 million, down 13% compared to record third-quarter sales of $97.0 million in 2022. Consolidated gross earnings increased to 43.0% of net sales compared to 40.6% of net sales in last year’s third quarter, due mainly to higher gross margins in our North American wholesale segment. Quarterly earnings from operations were $12.4 million, down 12% compared to record operating earnings of $14.2 million in 2022. Quarterly net earnings totaled $9.3 million, or $0.98 per diluted share, compared to record net earnings of $10.8 million, or $1.12 per diluted share, last year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/106532/000110465923115225/0001104659-23-115225-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended September 30, 2023"},{"label":"Revenue","value":"$84.2 million"},{"label":"Net income","value":"$9.3 million"},{"label":"EPS","value":"$0.98 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"}