---
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"
generated_at: "2026-06-02T15:46:39.387515+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Weyco Q1 sales down 17% to $71.6M; EPS $0.69 vs $0.78; dividend raised 4%

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-007040
- JSON: https://secwatch.observer/filing/0001558370-24-007040.json
- Plain text: https://secwatch.observer/filing/0001558370-24-007040.txt

## Key facts
- Earnings Releases
  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.
  - Period: the quarter ended March 31, 2024
  - Revenue: $71.6 million
  - Net income: $6.7 million
  - EPS: $0.69 per diluted share
  - Result: reported results
  source text: (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_url: https://www.sec.gov/Archives/edgar/data/106532/000155837024007040/0001558370-24-007040-index.htm

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