Weyco Q2 net income down 60% to $2.3M; sales fall 9% on tariff headwinds

WEYCO GROUP INC

2025-Q2 EPS reported $0.81 revenue$126,251,000

Net sales of $58.2M vs $63.9M in Q2 2024 (-9%); EPS $0.24 vs $0.59 (-59%).
Wholesale sales down 9%; Nunn Bush -11%, Stacy Adams -10%, Florsheim -5%, BOGS -14%.
U.S. tariffs on Chinese goods temporarily reduced to 30% (Aug 12 deadline); further tariff increases for other countries effective Aug 7.
Operating earnings fell 42% to $3.9M; gross margin 43.3% vs 43.9% impacted by tariffs.
Quarterly dividend declared $0.27/share, payable Sept 30, record Aug 18.

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