secwatch.observer — SEC 8-K summary
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Issuer:     WEYCO GROUP INC (WEYS)
CIK:        0000106532
Form:       8-K
Filed at:   2025-03-04T23:59:59+00:00
Accession:  0001558370-25-002168
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Weyco posts record $30.3M net earnings for FY2024; Q4 EPS $1.04
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- Q4 2024 net sales $80.5M (flat YoY); net earnings $10.0M +17%; diluted EPS $1.04 vs $0.90.
- Full year 2024 net sales $290.3M (-9% YoY); record net earnings $30.3M; diluted EPS $3.16 vs $3.17.
- Wholesale segment sales down 9% to $227.9M; BOGS -27%, Florsheim +2%; retail segment record $38.7M +2%.
- Dividend maintained at $0.26/share, payable March 31, 2025 to holders of record March 14, 2025.
- New US tariffs on Chinese goods expected to increase costs; negotiating supplier price reductions, reviewing pricing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/106532/000155837025002168/0001558370-25-002168-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/106532/000155837025002168/weys-20250304x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-002168

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