secwatch.observer — SEC 8-K summary
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Issuer:     WEYCO GROUP INC (WEYS)
CIK:        0000106532
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001558370-25-006487
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Weyco Q1 net sales $68M, down 5%; EPS $0.57 vs $0.69; tariff rate on China goods jumps to 161%
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- Net sales $68.0M (down 5% YoY) and diluted EPS $0.57 (down from $0.69).
- Wholesale segment sales $54.3M (-4%); Stacy Adams -7%, Nunn Bush -16%.
- Retail segment sales $8.7M (-12%), mainly due to lower BOGS website promotions.
- Dividend raised 4% to $0.27/share; payable June 30, 2025 to holders of record May 16.
- Effective tariff rate on Chinese imports now 161% (up from 16%); company halting China imports temporarily.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/106532/000155837025006487/0001558370-25-006487-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/106532/000155837025006487/weys-20250506x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-006487

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