All Weyco Group articles
-
Article
Weyco Q1 sales nearly double in Q1
Weyco Group’s revenues reached $81.4 million in the first quarter ended March 31, a record for the period and nearly double the $46.9 million seen the year earlier, when sales were heavily impacted by the Covid-19 pandemic. Revenues were 10 percent higher than the first quarter of 2019, ahead ...
-
Article
Weyco posts strong quarterly results
Weyco Group’s net income soared by 103 percent to $10.34 million from $5.1 million in the fourth quarter ended Dec. 31. Operating earnings rose by 62 percent to $12.78 million from $7.9 million, but the year-over-year operating margin slipped slightly to 12.6 percent from 12.8 percent. Total revenues stepped 64 ...
-
Article
Weyco ends Q2 with loss, sales tumble by 72%
Weyco Group posted a net loss of $8.9 million in the second quarter, compared to net earnings of $1.5 million in last year’s corresponding quarter, on revenues that dropped by 72 percent to $16.7 million, hampered by store closures and lockdowns. During the past few months, the ...
-
Article
Florsheim outperforms Bogs
After three quarters of growth, Bogs ’ sales declined in the fourth quarter of 2019, by 5 percent. The brand’s parent company, the Weyco Group , which also owns the international Florsheim network of stores, said that warm temperatures and lower precipitation across large parts of Canada and the U.S. ...