---
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"
generated_at: "2026-06-08T13:13:38.664213+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Weyco Q3 net sales $84.2M (-13% YoY); EPS $0.98 vs $1.12; dividend $0.25

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-115225
- JSON: https://secwatch.observer/filing/0001104659-23-115225.json
- Plain text: https://secwatch.observer/filing/0001104659-23-115225.txt

## Key facts
- Earnings Releases
  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.
  - Period: quarter ended September 30, 2023
  - Revenue: $84.2 million
  - Net income: $9.3 million
  - EPS: $0.98 per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/106532/000110465923115225/0001104659-23-115225-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.