Weyco Q4 net sales $76.8M, EPS $0.91; FY EPS $2.41, tariff costs $16M

WEYCO GROUP INC

Q4 net sales $76.8M (-5% YoY); diluted EPS $0.91 vs $1.04; gross margin 44.1% vs 47.9%.
Full-year net sales $276.2M (-5%); net earnings $23.1M (-24%); diluted EPS $2.41 vs $3.16.
Wholesale gross margin fell to 37.2% from 42.4% due to incremental tariffs; $16M paid in 2025; lawsuit filed for refund.
Florsheim full-year wholesale sales hit record $92.0M (+2%); Nunn Bush, Stacy Adams, BOGS each down 9%-11%.
Declared $0.27 quarterly dividend, payable March 31, 2026 to holders of record March 13.

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