secwatch.observer — SEC 8-K summary
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Issuer:     WEYCO GROUP INC (WEYS)
CIK:        0000106532
Form:       8-K
Filed at:   2025-08-05T23:59:59+00:00
Accession:  0001558370-25-010283
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/106532/000155837025010283/0001558370-25-010283-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/106532/000155837025010283/weys-20250805x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-010283

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