Weyco Group (WEYS|$330.4M) - 2024 Q4 & Full Year Earnings Analysis
#WEYS Weyco Group 2024 Q4 & Full Year Earnings: Weyco Group reported a 17% increase in net earnings for Q4 2024, with a focus on long-term growth amid macroeconomic challenges.
Net Sales Q4: $80.5M
Net Earnings Q4: $10M
Diluted EPS Q4: $1.04
Net Sales FY2024: $290.3M
Dividend Declared: $0.26 per share
"The benefits of a diversified, multi-brand portfolio were evident in the fourth quarter, as double-digit sales growth in our Florsheim business offset declines of our other brands, enabling us to uphold profitability for the period. All brands’ fourth-quarter performance improved relative to earlier quarters this year," stated Thomas W. Florsheim, Jr., Chairman and CEO.
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