Weyco Q4 net sales fall amid tariff impact, reduced shipping volumes

Reuters03-04

Weyco Q4 net sales fall amid tariff impact, reduced shipping volumes

Overview

Footwear company's Q4 2025 net sales fell 5% yr/yr amid lower shipping volumes
Diluted EPS for Q4 2025 decreased to $0.91 from $1.04 in Q4 2024
Company's gross margins impacted by tariffs, despite price increases

Outlook

Company prioritizes financial oversight and operational discipline for growth in 2026
U.S. trade policies create near-term gross margin uncertainty
Company has mitigation strategies for tariff-related uncertainties

Result Drivers

LOWER SHIPPING VOLUMES - Co attributed decline in wholesale net sales to reduced shipping volumes, partially offset by price increases
TARIFF IMPACT - Incremental tariffs increased product costs by 19% to 50%, compressing gross margins despite price increases
FLORSHEIM AUSTRALIA GROWTH - Florsheim Australia's sales rose 12% in Q4, driven by growth in both wholesale and retail businesses

Company press release: ID:nGNX3xR3GB

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q4 Sales		$76.80 mln
Q4 EPS		$0.91
Q4 Net Income		$8.70 mln
Q4 Operating income		$10.20 mln

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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