earnings
confidence high
sentiment positive
materiality 0.70
Weyco Group Q1 EPS up 12% to $0.64; files $18.6M in tariff refund claims; dividend raised 4%
WEYCO GROUP INC
2026-Q1 EPS reported
$0.64
revenue$68,005,000
- Net sales flat at $68.0M; operating earnings up 7% to $7.5M; net earnings $6.1M vs $5.5M.
- Florsheim wholesale sales up 5%; Stacy Adams down 9%, BOGS down 11% due to lower retailer demand.
- Filed $18.6M in IEEPA tariff refund claims; Phase 2 of $1.2M timing uncertain; new 10% tariff imposed.
- Quarterly dividend raised 4% to $0.28/share, payable June 30 to holders of record May 19.
- CEO cites encouraging tariff refund progress; company prepared to adjust pricing and costs.