secwatch.observer — SEC 8-K summary
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Issuer:     WEYCO GROUP INC (WEYS)
CIK:        0000106532
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001558370-24-007040
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/106532/000155837024007040/0001558370-24-007040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/106532/000155837024007040/weys-20240507x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-007040

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