WEYCO GROUP INC WEYS
The Company is a Wisconsin corporation incorporated in the year 1906 as Weyenberg Shoe Manufacturing Company. Effective April 25, 1990, the name of the corporation was changed to Weyco Group, Inc.
Weyco Group, Inc., and its subsidiaries (collectively, "we," "our," "us," and the "Company") designs, markets, and distributes quality and innovative footwear principally for men, but also for women and children, under a portfolio of well-recognized brand names including: Florsheim, Nunn Bush, Stacy Adams, and BOGS. Trademarks we maintain on our brands are important to our business. Our products consist primarily of mid-priced leather dress shoes, casual footwear composed of man-made materials and leather, and outdoor boots, shoes, and sandals. Our footwear is available in a broad range of sizes and widths, primarily designed to meet the needs and desires of the general American population.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $276.2M | $290.3M | $318.0M | $351.7M | $267.6M | $195.4M | $304.0M | $298.4M | $283.7M | $296.9M |
| Cost of revenue | $156.9M | $158.8M | $175.2M | $207.3M | $160.2M | $116.8M | $180.0M | $178.3M | $173.1M | $184.9M |
| Gross profit | $119.2M | $131.5M | $142.9M | $144.4M | $107.4M | $78.6M | $124.0M | $120.1M | $110.7M | $112.0M |
| SG&A | $90.1M | $94.9M | $101.9M | $104.0M | $81.7M | $86.2M | $96.9M | $94.6M | $87.3M | $89.3M |
| Operating income | $29.2M | $36.6M | $41.0M | $40.4M | $25.7M | -$7.6M | $27.0M | $25.5M | $23.4M | $22.8M |
| Interest expense | $2.0K | $15.0K | $529.0K | $710.0K | $81.0K | $79.0K | $244.0K | $45.0K | $15.0K | $436.0K |
| Pre-tax income | $32.0M | $39.8M | $40.9M | $39.7M | $27.3M | -$7.1M | $27.1M | $25.8M | $23.9M | $22.1M |
| Income tax | $9.0M | $9.5M | $10.7M | $10.2M | $6.8M | $1.4M | $6.2M | $5.8M | $7.2M | $5.1M |
| Net income | $23.1M | $30.3M | $30.2M | $29.5M | $20.6M | -$8.5M | $20.9M | $20.5M | $16.5M | $16.5M |
| EPS, basic | 2.44 | 3.21 | 3.19 | 3.09 | 2.13 | -0.87 | 2.11 | 2.01 | 1.61 | 1.57 |
| EPS, diluted | 2.41 | 3.16 | 3.17 | 3.07 | 2.12 | -0.87 | 2.10 | 1.97 | 1.60 | 1.56 |
| Shares, diluted (wtd. avg.) | $9.6M | $9.6M | $9.5M | $9.6M | $9.7M | $9.8M | $10.0M | $10.4M | $10.3M | $10.6M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $96.0M | $71.0M | $69.3M | $16.9M | $19.7M | $32.5M | $9.8M | $23.0M | $23.5M | $13.7M |
| Receivables | $38.9M | $37.5M | $39.3M | $53.3M | $53.3M | $34.6M | $51.5M | $51.5M | $49.5M | $50.7M |
| Inventory | $65.9M | $74.0M | $74.9M | $128.0M | $71.0M | $59.0M | $86.7M | $72.7M | $60.3M | $69.9M |
| Total current assets | $205.4M | $209.4M | $190.1M | $206.5M | $157.2M | $134.3M | $160.0M | $154.1M | $145.6M | $145.9M |
| Property, plant and equipment | $27.4M | $28.2M | $29.5M | $28.8M | $29.2M | $30.8M | $32.2M | $28.7M | $31.6M | $33.7M |
| Goodwill | $12.3M | $12.3M | $12.3M | $12.3M | $12.3M | $11.1M | $11.1M | $11.1M | $11.1M | $11.1M |
| Other intangibles | $39.0K | $273.0K | $506.0K | $739.0K | $972.0K | $1.2M | $1.4M | $1.7M | $1.9M | $2.1M |
| Total assets | $319.7M | $324.1M | $309.3M | $326.6M | $277.7M | $256.7M | $296.9M | $270.0M | $262.8M | $268.2M |
| Accounts payable | $11.2M | $8.4M | $8.8M | $14.9M | $19.2M | $8.4M | $12.5M | $12.8M | $8.9M | $11.9M |
| Short-term debt | — | — | — | $31.1M | — | $0 | $7.0M | $5.8M | $0 | $4.3M |
| Total current liabilities | $48.6M | $47.3M | $29.6M | $67.5M | $34.5M | $24.3M | $41.9M | $36.1M | $25.2M | $29.0M |
| Total liabilities | $80.1M | $78.5M | $64.8M | $102.7M | $76.3M | $68.8M | $86.9M | $64.5M | $57.2M | $60.0M |
| Retained earnings | $169.9M | $181.3M | $180.6M | $164.0M | $147.8M | $139.0M | $158.8M | $152.8M | $150.3M | $157.5M |
| Total equity | $239.6M | $245.6M | $244.5M | $223.9M | $201.4M | $187.9M | $210.0M | $205.6M | $198.5M | $201.6M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $37.3M | $37.7M | $98.6M | -$29.9M | $6.4M | $40.0M | $9.4M | $13.1M | $33.5M | $46.9M |
| Depreciation and amortisation | $2.6M | $2.5M | $2.6M | $2.5M | $2.5M | $2.9M | $3.3M | $3.7M | $4.0M | $3.7M |
| Stock-based compensation | $1.7M | $1.4M | $1.4M | $1.5M | $1.6M | $1.4M | $1.5M | $1.5M | $1.6M | $1.6M |
| Capital expenditure | $1.8M | $1.4M | $3.3M | $2.3M | $1.0M | $3.4M | $7.4M | $1.4M | $1.6M | $6.0M |
| Investing cash flow | -$242.0K | -$1.2M | -$1.2M | $7.4M | -$7.0M | $3.2M | -$8.9M | $1.8M | $235.0K | -$6.7M |
| Financing cash flow | -$13.2M | -$32.2M | -$45.3M | $20.3M | -$11.9M | -$20.9M | -$13.7M | -$14.9M | -$24.4M | -$44.5M |
| Dividends paid | $7.7M | $9.7M | $9.3M | $7.0M | $9.3M | $11.8M | $9.4M | $9.2M | $8.9M | $8.7M |
| Buybacks | $5.3M | $586.0K | $4.3M | $4.2M | $2.5M | $2.1M | $5.6M | $11.4M | $15.2M | $11.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-027690.