{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-007040","form_type":"8-K","ticker":"WEYS","cik":"0000106532","company_name":"WEYCO GROUP INC","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.143594+00:00","generated_at":"2026-06-02T15:46:39.387515+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Weyco Q1 sales down 17% to $71.6M; EPS $0.69 vs $0.78; dividend raised 4%","bullets":["Consolidated net sales $71.6M, down 17% from $86.3M in Q1 2023.","Net earnings $6.7M ($0.69 diluted EPS) vs $7.4M ($0.78) last year.","North American wholesale sales fell 20%; BOGS brand down 48%.","Retail segment posted record Q1 sales of $9.8M, up 10%.","Board declared $0.26 quarterly dividend, a 4% increase from $0.25."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-007040","json":"https://secwatch.observer/filing/0001558370-24-007040.json","markdown":"https://secwatch.observer/filing/0001558370-24-007040.md","text":"https://secwatch.observer/filing/0001558370-24-007040.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/106532/000155837024007040/0001558370-24-007040-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/106532/000155837024007040/weys-20240507x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T15:46:39.387515+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":"5a0406e0bee9d63107d86c344fe727ed60ffabea","claim":"WEYCO GROUP INC reported the quarter ended March 31, 2024 results: revenue $71.6 million, net income $6.7 million, EPS $0.69 per diluted share.","evidence_excerpt":"(NASDAQ: WEYS) (“we,” “our,” “us” and the “Company”) today announced financial results for the quarter ended March 31, 2024. ​ First Quarter 2024 Consolidated net sales were $71.6 million, down 17% compared to record first-quarter sales of $86.3 million in 2023. Consolidated gross earnings increased to 44.7% of net sales compared to 43.1% of net sales in last","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/106532/000155837024007040/0001558370-24-007040-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$71.6 million"},{"label":"Net income","value":"$6.7 million"},{"label":"EPS","value":"$0.69 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"}