Weyco's 2025 Revenue Falls 5% to $276.2M, EPS Drops to $2.41 Amid Weak Demand & Tariffs
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Weyco Group reported its fiscal 2025 full-year results from its 10-K filing, revealing a 5% decline in net sales to $276.2 million and a significant 24% drop in net earnings to $23.1 million. Diluted earnings per share fell to $2.41 from $3.16 in 2024. This confirms a challenging year for the company, following earlier news of a Q4 sales decline, with the 10-K providing the official audited annual figures. The declines are attributed to weaker wholesale demand, margin pressure from incremental tariffs, and softer channel performance, indicating fundamental business headwinds. Traders will closely monitor future guidance, the effectiveness of sourcing adjustments, and any signs of improvement in wholesale and retail demand.
At the time of this announcement, WEYS was trading at $33.01 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $315.2M. The 52-week trading range was $25.51 to $34.93. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Wiseek News.