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WEYS

Weyco Group, Inc.

WEYS

Weyco Group, Inc. • NASDAQ
$29.96 ▼ -1.15% (-0.35)
Market Cap $286.07 M
52w High $38.24
52w Low $25.51
Dividend Yield 3.07%
P/E 11.8
Volume 8.45K
Outstanding Shares 9.55M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $73.121M ▲ $21.733M ▲ $6.586M ▲ 9.007% ▲ $0.7 ▲ $8.94M ▲
Q2-2025 $58.221M ▼ $21.33M ▼ $2.256M ▼ 3.875% ▼ $0.24 ▼ $5.356M ▼
Q1-2025 $68.03M ▼ $23.344M ▼ $5.543M ▼ 8.148% ▼ $0.58 ▼ $8.135M ▼
Q4-2024 $80.471M ▲ $26.985M ▲ $10M ▲ 12.427% ▲ $1.06 ▲ $13.136M ▲
Q3-2024 $74.329M $22.739M $8.063M 10.848% $0.85 $11.582M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $73.662M ▼ $304.044M ▲ $52.717M ▼ $251.327M ▲
Q2-2025 $78.539M ▲ $300.936M ▲ $52.874M ▲ $248.062M ▼
Q1-2025 $72.402M ▲ $299.295M ▼ $50.745M ▼ $248.55M ▲
Q4-2024 $71.815M ▼ $324.086M ▲ $78.501M ▲ $245.585M ▼
Q3-2024 $75.82M $314.688M $56.565M $258.123M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $6.586M ▲ $-1.11M ▼ $536K ▲ $-3.85M ▲ $-4.515M ▼ $-1.323M ▼
Q2-2025 $2.256M ▼ $10.228M ▲ $-255K ▲ $-4.96M ▼ $5.884M ▲ $9.968M ▲
Q1-2025 $5.543M ▼ $4.129M ▼ $-417K ▲ $-3.214M ▲ $583K ▲ $3.712M ▼
Q4-2024 $10M ▲ $20.435M ▲ $-486K ▲ $-22.036M ▼ $-4.492M ▼ $19.949M ▲
Q3-2024 $8.063M $-374K $-556K $-2.509M $-2.952M $-930K

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Other Segment
Other Segment
 $10.00M ▲$10.00M ▲$10.00M ▲$10.00M ▲
Reportable Segment Aggregation before Other Operating Segment
Reportable Segment Aggregation before Other Operating Segment
 $0 ▲$0 ▲$0 ▲$0 ▲
Retail
Retail
 $10.00M ▲$10.00M ▲$10.00M ▲$10.00M ▲
Wholesale
Wholesale
 $60.00M ▲$50.00M ▼$50.00M ▲$60.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Weyco’s earnings picture looks steady but not exciting. Sales rose strongly coming out of 2020, peaked, and have since drifted down a bit, suggesting demand has cooled after the post‑pandemic rebound. Despite that, the company has held its gross and operating profitability at fairly consistent levels, which hints at decent cost control and pricing power. Net profits have been solidly positive for several years after a brief loss in 2020, and per‑share earnings have been relatively stable. The main watchpoint is that revenue momentum has softened, so future performance will depend more on driving growth than on squeezing additional efficiency out of the current base.

Balance Sheet

Balance Sheet The balance sheet looks conservative and generally healthy. Total assets have grown modestly over time, and shareholder equity has steadily increased, which points to retained profits and a cautious approach to leverage. Cash levels are relatively strong compared with the size of the business, and debt is low and has been reduced from a higher point a few years ago. This combination gives Weyco financial flexibility and a buffer against downturns, though it also raises the question of how aggressively the company will deploy its balance sheet to pursue growth opportunities.

Cash Flow

Cash Flow Cash generation has been a bit uneven year to year, but the recent trend is positive. Operating cash flow was temporarily weak and even negative a few years ago, likely tied to swings in inventory and receivables, but has since recovered nicely. Free cash flow closely tracks operating cash flow because the business requires limited capital spending, reflecting an asset‑light model. This is attractive from a cash perspective, but it also suggests that most reinvestment is happening through working capital and product development rather than big physical projects, so sustaining growth depends heavily on successful merchandising and brand management.

Competitive Edge

Competitive Edge Weyco competes in a crowded footwear market but benefits from a portfolio of long‑established brands like Florsheim, Nunn Bush, Stacy Adams, and BOGS. Brand heritage, especially in men’s dress and casual shoes, provides trust and repeat business, which is hard for newer labels to match. The company also sells through a mix of wholesale, its own stores, and online channels, giving it multiple routes to reach customers and some resilience if one channel weakens. On the other hand, Weyco faces intense competition from global athletic and lifestyle giants, fast‑moving fashion brands, and private‑label shoes. Its moat rests more on niche positioning, comfort technology, and relationships with retailers than on scale, so maintaining relevance as styles shift toward casual and athleisure footwear is an ongoing challenge.

Innovation and R&D

Innovation and R&D Innovation at Weyco is practical and brand‑specific rather than headline‑grabbing. Nunn Bush focuses on comfort technologies like gel and athletic‑style soles in dress and casual shoes. Florsheim blends classic designs with modern cushioning and flexible constructions. BOGS leans into technical outdoor and work footwear with seamless waterproof builds, insulation, and odor control. Stacy Adams emphasizes distinctive, fashion‑forward styling more than proprietary tech. Beyond products, Weyco has invested in virtual showrooms for wholesale partners and is exploring more sustainable materials and processes. Overall, this is incremental, customer‑focused innovation aimed at comfort, durability, and style, not a heavy research and development model like you’d see in high tech, so execution and trend awareness are key.

Summary

Weyco is a mature footwear company with a stable profitability profile, a cautious balance sheet, and a portfolio of recognizable brands anchored in comfort and heritage. The business has recovered well from the 2020 downturn, but top‑line growth has cooled after its rebound, making future performance more dependent on winning share in a very competitive market. Financially, low debt and solid cash reserves reduce risk and give management options, while light capital needs help convert earnings into cash. Strategically, the company’s main strengths are its long‑standing brands, comfort and durability features, and diversified distribution. Its main risks are fashion and demand cycles, strong competition from much larger players, and the need to keep evolving toward hybrid, athleisure, and sustainable offerings without diluting brand identity. Overall, Weyco looks more like a steady, niche operator than a rapid‑growth story, with outcomes hinging on brand relevance and disciplined execution rather than major structural change.

NEWS

October 14, 2025 · 4:05 PM UTC

WEYCO Group, Inc. Third Quarter 2025 Earnings Conference Call

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