See more : Shine Justice Ltd (SHJ.AX) Income Statement Analysis – Financial Results
Complete financial analysis of Weyco Group, Inc. (WEYS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Weyco Group, Inc., a leading company in the Apparel – Footwear & Accessories industry within the Consumer Cyclical sector.
You may be interested
- Agrana Beteiligungs AG (AGR.VI) Income Statement Analysis – Financial Results
- Global Education Limited (GLOBAL.NS) Income Statement Analysis – Financial Results
- Solomon Technology Corporation (2359.TW) Income Statement Analysis – Financial Results
- Filae S.A. (ALFIL.PA) Income Statement Analysis – Financial Results
- MAHLE Metal Leve S.A. (LEVE3.SA) Income Statement Analysis – Financial Results
Weyco Group, Inc. (WEYS)
Industry: Apparel - Footwear & Accessories
Sector: Consumer Cyclical
Website: https://www.weycogroup.com
About Weyco Group, Inc.
Weyco Group, Inc. designs and distributes footwear for men, women, and children. It operates through two segments, North American Wholesale Operations and North American Retail Operations. The company offers mid-priced leather dress shoes and casual footwear of man-made materials or leather; and outdoor boots, shoes, and sandals under the Florsheim, Nunn Bush, Stacy Adams, BOGS, and Rafters brand names. It is also involved in the wholesale of its products to approximately 10,000 footwear, department, and specialty stores, as well as e-commerce retailers. As of December 31, 2021, the company had four brick and mortar retail stores in the United States. In addition, it has licensing agreements with third parties, who sell its branded apparel, accessories, and specialty footwear. It serves in the United States, Canada, Europe, Australia, Asia, and South Africa. The company was formerly known as Weyenberg Shoe Manufacturing Company and changed its name to Weyco Group, Inc. in April 1990. Weyco Group, Inc. was incorporated in 1906 and is based in Milwaukee, Wisconsin.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 318.05M | 351.74M | 267.64M | 195.38M | 304.01M | 298.38M | 283.75M | 296.93M | 320.62M | 320.49M | 300.28M | 293.47M | 271.10M | 229.23M | 225.31M | 221.43M | 232.62M | 221.05M | 209.47M | 223.01M | 215.76M | 181.20M | 131.69M | 148.16M | 133.50M | 127.10M | 127.00M | 129.30M | 120.60M | 114.70M | 122.10M | 139.50M | 140.90M | 148.50M | 138.90M | 126.30M | 117.90M | 106.70M | 111.50M |
| Cost of Revenue | 175.17M | 207.34M | 160.19M | 116.82M | 180.05M | 178.30M | 173.06M | 184.89M | 199.01M | 197.42M | 182.97M | 178.58M | 164.38M | 138.93M | 140.83M | 140.29M | 143.20M | 135.73M | 132.73M | 140.02M | 139.32M | 122.06M | 94.11M | 106.11M | 94.50M | 90.30M | 90.90M | 93.50M | 87.00M | 75.10M | 81.60M | 89.20M | 92.00M | 96.20M | 88.90M | 83.40M | 76.60M | 68.30M | 71.60M |
| Gross Profit | 142.88M | 144.39M | 107.45M | 78.56M | 123.96M | 120.08M | 110.69M | 112.04M | 121.61M | 123.07M | 117.31M | 114.89M | 106.72M | 90.30M | 84.48M | 81.14M | 89.42M | 85.31M | 76.74M | 83.00M | 76.45M | 59.14M | 37.59M | 42.05M | 39.00M | 36.80M | 36.10M | 35.80M | 33.60M | 39.60M | 40.50M | 50.30M | 48.90M | 52.30M | 50.00M | 42.90M | 41.30M | 38.40M | 39.90M |
| Gross Profit Ratio | 44.92% | 41.05% | 40.15% | 40.21% | 40.78% | 40.24% | 39.01% | 37.73% | 37.93% | 38.40% | 39.07% | 39.15% | 39.37% | 39.39% | 37.49% | 36.64% | 38.44% | 38.59% | 36.64% | 37.22% | 35.43% | 32.64% | 28.54% | 28.38% | 29.21% | 28.95% | 28.43% | 27.69% | 27.86% | 34.52% | 33.17% | 36.06% | 34.71% | 35.22% | 36.00% | 33.97% | 35.03% | 35.99% | 35.78% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 73.56M | 74.63M | 61.25M | 63.76M | 67.72M | 94.62M | 87.28M | 90.81M | 91.82M | 92.41M | 89.56M | 85.09M | 83.53M | 71.52M | 67.70M | 56.64M | 55.29M | 51.87M | 46.06M | 50.04M | 49.18M | 37.73M | 24.23M | 24.59M | 22.50M | 22.30M | 22.70M | 23.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 28.30M | 29.40M | 20.50M | 22.40M | 29.20M | 27.50M | 24.80M | 22.60M | 23.10M | 21.50M | 21.40M | 19.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 101.86M | 104.03M | 81.75M | 86.16M | 96.92M | 94.62M | 87.28M | 90.81M | 91.82M | 92.41M | 89.56M | 85.09M | 83.53M | 71.52M | 67.70M | 56.64M | 55.29M | 51.87M | 46.06M | 50.04M | 49.18M | 37.73M | 24.23M | 24.59M | 22.50M | 22.30M | 22.70M | 23.20M | 23.90M | 29.00M | 32.20M | 39.10M | 40.30M | 41.00M | 39.40M | 34.10M | 33.20M | 30.00M | 30.50M |
| Other Expenses | 0.00 | -277.00K | 1.08M | 96.00K | -535.00K | -638.00K | -248.00K | 514.00K | -1.43M | -595.00K | -653.00K | -144.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.49M | 1.20M | 600.00K | 800.00K | 1.00M | 1.10M | 1.20M | 1.20M | 1.30M | 1.20M | 1.20M | 900.00K | 1.20M | 1.00M | 1.10M | 1.10M |
| Operating Expenses | 101.86M | 104.03M | 81.75M | 86.16M | 96.92M | 94.62M | 87.28M | 90.81M | 91.82M | 92.41M | 89.56M | 85.09M | 83.53M | 71.52M | 67.70M | 56.64M | 55.29M | 51.87M | 46.06M | 50.04M | 49.18M | 37.73M | 24.23M | 26.08M | 23.70M | 22.90M | 23.50M | 24.20M | 25.00M | 30.20M | 33.40M | 40.40M | 41.50M | 42.20M | 40.30M | 35.30M | 34.20M | 31.10M | 31.60M |
| Cost & Expenses | 277.02M | 311.37M | 241.94M | 202.97M | 276.97M | 272.92M | 260.34M | 275.70M | 290.83M | 289.83M | 272.53M | 263.67M | 247.90M | 210.45M | 208.53M | 196.93M | 198.48M | 187.60M | 178.79M | 190.06M | 188.50M | 159.79M | 118.34M | 132.18M | 118.20M | 113.20M | 114.40M | 117.70M | 112.00M | 105.30M | 115.00M | 129.60M | 133.50M | 138.40M | 129.20M | 118.70M | 110.80M | 99.40M | 103.20M |
| Interest Income | 1.11M | 361.00K | 641.00K | 527.00K | 823.00K | 981.00K | 773.00K | 763.00K | 936.00K | 1.17M | 1.46M | 1.84M | 2.22M | 2.29M | 1.85M | 2.02M | 2.16M | 1.94M | 1.04M | 500.61K | 528.53K | 853.03K | 1.02M | 1.11M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 529.00K | 710.00K | 81.00K | 79.00K | 244.00K | 45.00K | 15.00K | 436.00K | 181.00K | 178.00K | 384.00K | 561.00K | 611.00K | 120.00K | 26.00K | 62.00K | 352.91K | 608.45K | 339.67K | 477.81K | 1.37M | 1.29M | 296.18K | 626.96K | 0.00 | 400.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 100.00K | 0.00 | 400.00K | 0.00 | 100.00K | 100.00K |
| Depreciation & Amortization | 2.85M | 2.72M | 2.72M | 3.13M | 3.53M | 4.03M | 4.31M | 4.06M | 4.04M | 4.02M | 4.23M | 3.64M | 2.84M | 2.82M | 3.04M | 2.75M | 2.57M | 2.28M | 2.31M | 2.60M | 2.51M | 2.23M | 1.61M | 1.49M | 1.20M | 600.00K | 800.00K | 1.00M | 1.10M | 1.20M | 1.20M | 1.30M | 1.20M | 1.20M | 900.00K | 1.20M | 1.00M | 1.10M | 1.10M |
| EBITDA | 44.17M | 43.17M | 30.15M | -3.84M | 30.85M | 29.83M | 28.24M | 26.57M | 33.33M | 35.26M | 32.80M | 35.14M | 28.48M | 24.23M | 23.08M | 29.24M | 36.71M | 35.73M | 32.99M | 35.98M | 29.77M | 23.64M | 14.96M | 17.46M | 16.50M | 14.50M | 13.40M | 12.60M | 9.70M | 10.60M | 8.30M | 11.20M | 8.60M | 11.30M | 10.60M | 8.80M | 8.10M | 8.40M | 9.40M |
| EBITDA Ratio | 13.89% | 12.29% | 11.29% | -1.92% | 10.14% | 10.00% | 9.95% | 8.95% | 10.40% | 11.00% | 10.92% | 11.97% | 10.42% | 10.42% | 9.62% | 12.31% | 15.77% | 16.16% | 15.76% | 15.97% | 13.67% | 13.03% | 10.89% | 11.77% | 11.69% | 9.99% | 9.37% | 8.89% | 6.22% | 8.63% | 6.31% | 7.60% | 5.46% | 7.21% | 7.20% | 6.25% | 6.11% | 7.31% | 7.62% |
| Operating Income | 41.02M | 40.37M | 25.70M | -7.60M | 27.04M | 25.46M | 23.41M | 21.24M | 29.79M | 30.66M | 27.76M | 29.80M | 23.20M | 18.78M | 16.78M | 24.50M | 34.13M | 33.44M | 30.68M | 32.95M | 27.26M | 21.41M | 13.35M | 15.97M | 15.30M | 13.90M | 12.60M | 11.60M | 8.60M | 9.40M | 7.10M | 9.90M | 7.40M | 10.10M | 9.70M | 7.60M | 7.10M | 7.30M | 8.30M |
| Operating Income Ratio | 12.90% | 11.48% | 9.60% | -3.89% | 8.89% | 8.53% | 8.25% | 7.15% | 9.29% | 9.57% | 9.24% | 10.15% | 8.56% | 8.19% | 7.45% | 11.06% | 14.67% | 15.13% | 14.65% | 14.78% | 12.63% | 11.81% | 10.14% | 10.78% | 11.46% | 10.94% | 9.92% | 8.97% | 7.13% | 8.20% | 5.81% | 7.10% | 5.25% | 6.80% | 6.98% | 6.02% | 6.02% | 6.84% | 7.44% |
| Total Other Income/Expenses | -160.00K | -626.00K | 1.64M | 544.00K | 44.00K | 298.00K | 510.00K | -705.00K | -670.00K | 401.00K | 424.00K | 1.14M | 1.83M | 2.52M | 3.23M | 1.93M | 1.83M | 1.35M | 671.79K | -48.90K | -570.93K | -418.05K | 1.35M | 500.28K | 1.70M | 1.40M | 1.60M | 1.20M | 2.20M | 700.00K | 600.00K | 600.00K | 1.00M | 400.00K | 600.00K | 500.00K | 700.00K | 500.00K | 700.00K |
| Income Before Tax | 40.86M | 39.74M | 27.35M | -7.05M | 27.08M | 25.76M | 23.92M | 22.08M | 29.12M | 31.06M | 28.18M | 30.93M | 25.02M | 21.30M | 20.01M | 26.43M | 35.96M | 34.79M | 31.35M | 32.90M | 26.69M | 20.99M | 14.70M | 16.47M | 17.00M | 15.30M | 14.20M | 12.80M | 10.80M | 10.10M | 7.70M | 10.50M | 8.40M | 10.50M | 10.30M | 8.10M | 7.80M | 7.80M | 9.00M |
| Income Before Tax Ratio | 12.85% | 11.30% | 10.22% | -3.61% | 8.91% | 8.63% | 8.43% | 7.44% | 9.08% | 9.69% | 9.38% | 10.54% | 9.23% | 9.29% | 8.88% | 11.94% | 15.46% | 15.74% | 14.97% | 14.75% | 12.37% | 11.58% | 11.16% | 11.12% | 12.73% | 12.04% | 11.18% | 9.90% | 8.96% | 8.81% | 6.31% | 7.53% | 5.96% | 7.07% | 7.42% | 6.41% | 6.62% | 7.31% | 8.07% |
| Income Tax Expense | 10.68M | 10.20M | 6.79M | 1.43M | 6.20M | 5.80M | 7.22M | 5.08M | 10.96M | 11.23M | 9.93M | 10.53M | 8.58M | 7.17M | 6.94M | 9.41M | 13.06M | 12.94M | 11.95M | 12.63M | 9.56M | 7.80M | 5.20M | 5.85M | 5.90M | 5.50M | 5.10M | 4.70M | 4.00M | 3.90M | 2.80M | 3.90M | 3.30M | 4.00M | 3.90M | 3.00M | 3.20M | 3.50M | 4.20M |
| Net Income | 30.19M | 29.54M | 20.56M | -8.49M | 20.88M | 20.48M | 16.49M | 16.47M | 18.21M | 19.02M | 17.60M | 18.96M | 15.25M | 13.67M | 12.82M | 17.03M | 22.90M | 21.86M | 19.40M | 20.28M | 17.13M | 13.19M | 9.50M | 10.62M | 11.10M | 9.80M | 9.10M | 8.10M | 6.80M | 6.20M | 5.80M | 6.60M | 5.10M | 6.50M | 6.40M | 5.10M | 4.60M | 4.30M | 4.80M |
| Net Income Ratio | 9.49% | 8.40% | 7.68% | -4.34% | 6.87% | 6.87% | 5.81% | 5.55% | 5.68% | 5.93% | 5.86% | 6.46% | 5.63% | 5.96% | 5.69% | 7.69% | 9.84% | 9.89% | 9.26% | 9.09% | 7.94% | 7.28% | 7.21% | 7.17% | 8.31% | 7.71% | 7.17% | 6.26% | 5.64% | 5.41% | 4.75% | 4.73% | 3.62% | 4.38% | 4.61% | 4.04% | 3.90% | 4.03% | 4.30% |
| EPS | 3.19 | 3.09 | 2.13 | -0.87 | 2.11 | 2.01 | 1.61 | 1.57 | 1.69 | 1.76 | 1.63 | 1.75 | 1.38 | 1.21 | 1.14 | 1.49 | 1.98 | 1.88 | 1.68 | 1.78 | 1.51 | 1.17 | 0.83 | 0.87 | 0.86 | 0.70 | 0.63 | 0.55 | 0.40 | 0.33 | 0.30 | 0.34 | 0.26 | 0.34 | 0.33 | 0.26 | 0.23 | 0.20 | 0.22 |
| EPS Diluted | 3.17 | 3.07 | 2.12 | -0.87 | 2.10 | 1.97 | 1.60 | 1.56 | 1.68 | 1.75 | 1.62 | 1.73 | 1.37 | 1.19 | 1.11 | 1.45 | 1.91 | 1.81 | 1.62 | 1.72 | 1.46 | 1.15 | 0.82 | 0.86 | 0.85 | 0.69 | 0.63 | 0.55 | 0.40 | 0.33 | 0.30 | 0.34 | 0.26 | 0.34 | 0.33 | 0.26 | 0.23 | 0.20 | 0.22 |
| Weighted Avg Shares Out | 9.45M | 9.56M | 9.66M | 9.76M | 9.90M | 10.17M | 10.25M | 10.52M | 10.77M | 10.79M | 10.78M | 10.84M | 11.07M | 11.29M | 11.27M | 11.40M | 11.57M | 11.63M | 11.55M | 11.39M | 11.39M | 11.27M | 11.49M | 12.21M | 12.91M | 13.99M | 14.37M | 14.67M | 16.91M | 18.78M | 19.11M | 19.21M | 19.36M | 19.30M | 19.38M | 19.86M | 19.99M | 21.14M | 21.48M |
| Weighted Avg Shares Out (Dil) | 9.54M | 9.62M | 9.69M | 9.76M | 9.95M | 10.39M | 10.31M | 10.57M | 10.86M | 10.89M | 10.87M | 10.95M | 11.16M | 11.49M | 11.51M | 11.76M | 11.99M | 12.07M | 11.98M | 11.79M | 11.78M | 11.50M | 11.59M | 12.30M | 13.06M | 14.20M | 14.52M | 14.75M | 16.91M | 18.78M | 19.11M | 19.21M | 19.36M | 19.30M | 19.38M | 19.86M | 19.99M | 21.14M | 21.48M |
Weyco: Dividend Rally Was Not Driven By Fundamentals, Stock Now A Hold
Weyco Group, Inc.'s Q3 2024 earnings showed a 12% YoY sales decline, but the stock surged 20% due to a $2 one-time dividend and post-election rally. Despite maintaining profitability margins, Weyco's brands like BOGS and Nunn Bush faced significant challenges,...
Weyco Group, Inc. (WEYS) Q3 2024 Earnings Call Transcript
Weyco Group, Inc. (NASDAQ:WEYS ) Q3 2024 Earnings Conference Call November 6, 2024 11:00 AM ET Company Participants Judy Anderson - Chief Financial Officer Tom Florsheim - Chairman and Chief Executive Officer John Florsheim - President and Chief Operating Officer...
Weyco's Q3 Earnings Fall Y/Y, Suffer From Reduced Consumer Demand
WEYS' Q3 earnings declines 14% year over year, as unseasonably warm weather and reduced consumer demand impacted sales, with cost controls offering limited relief.
Weyco Reports Third Quarter 2024 Sales and Earnings; Declares Special Cash Dividend of $2.00 Per Share
MILWAUKEE, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ: WEYS) (“we,” “our,” “us” and the “Company”) today announced financial results for the quarter ended September 30, 2024.
Weyco Group, Inc. Declares Special Cash Dividend
MILWAUKEE, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ: WEYS) (the “Company”) announced that today its Board of Directors declared a special one-time cash dividend of $2.00 per share, for a total of approximately $19.0 million based on...
WEYCO Group, Inc. Third Quarter 2024 Earnings Conference Call
Milwaukee, WI, Oct. 11, 2024 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ: WEYS), a global marketer of footwear, plans to announce third quarter 2024 financial results after the close on Tuesday, November 5, 2024. Additionally, Thomas W. Florsheim, Jr., Chairman...
Weyco: New Athleisure Styles, Connection With Retailers, And Cheap
Weyco Group's new hybrid and athleisure styles are driving significant online revenue growth, positioning the company for future net sales increases. The company's strong relationships with retailers and licensing agreements in various markets provide a stable revenue base and growth...
Weyco's Q2 2024 Shows Sequential Improvement. The Stock Is Attractive Into H2 2024
Weyco Group's 2Q24 results show improved wholesale trends, with sales down 5% YoY but better than previous quarters' declines. Key brands Florsheim and Nunn Bush posted positive growth, while Stacy Adams and BOGS showed sequential improvements despite challenges. Lower product...
Weyco's (WEYS) Q2 Earnings Rise Y/Y Despite a Dip in Sales
Weyco (WEYS) reports EPS of 59 cents for the second-quarter 2024, with net sales declining 5%. Strong gross earnings and cost management drive net earnings up 15% despite mixed segment performance.
WEYCO Group, Inc. Second Quarter 2024 Earnings Conference Call
Milwaukee, WI, July 09, 2024 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ: WEYS), a global marketer of footwear, plans to announce second quarter 2024 financial results after the close on Tuesday, August 6, 2024. Additionally, Thomas W. Florsheim, Jr., Chairman...
Source: https://incomestatements.info
Category: Stock Reports