Weyco reported FY 2025 net sales of USD 276.17 million, down 5%, with the decline mainly due to lower demand in its Wholesale segment. Net earnings were USD 23.08 million, down 24%, while operating earnings were USD 29.17 million, down 20%, as incremental tariffs increased product costs and compressed gross margin. Gross earnings as a percent of net sales were 43.2% in FY 2025 versus 45.3% in FY 2024, and management said a 10% price increase took effect in July. Wholesale segment net sales were USD 216.75 million, down 5%, and Retail segment net sales were USD 35.72 million, down 8%. Weyco ended FY 2025 with cash and marketable securities of USD 100.9 million, generated USD 37.3 million of cash from operations, and said it paid about USD 16 million of incremental tariffs during 2025 while pursuing a refund through litigation.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Weyco Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-027690), on March 13, 2026, and is solely responsible for the information contained therein.
Comments