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Find out why Zacks gives Weyco a "Neutral" rating, being the first on Wall Street to initiate coverage on the stock. Uncover Weyco's strong market position, financial stability, and innovative footwear offerings while also considering challenges such as declining sales and market saturation.
WEYCO Group, Inc. (NASDAQ:WEYS ) Q1 2024 Earnings Conference Call May 8, 2024 11:00 AM ET Company Participants Judy Anderson - CFO, VP & Secretary Thomas Florsheim - Chairman & CEO John Florsheim - President, COO, Assistant Secretary & Director Conference Call Participants David Wright - Henry Partners Operator Good day and thank you for standing by. Welcome to the Weyco Group First Quarter 2024 Earnings Release Conference Call.
MILWAUKEE, WI, April 08, 2024 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ: WEYS), a global marketer of footwear, plans to announce first quarter 2024 financial results after the close on Tuesday, May 7, 2024. Additionally, Thomas W. Florsheim, Jr., Chairman and CEO, will host a conference call on Wednesday, May 8, 2024, at 11:00 a.m. Eastern Time to discuss the financial results in more detail.
Weyco Group, a small footwear designer and distributor, is experiencing weakness in revenue but has strong profits and cash flows. The decline in revenue is attributable to market saturation and lower demand, particularly in the outdoor market. Despite the decline in revenue, WEYS's profitability metrics have improved, and its shares are trading at a discount compared to similar firms.
MILWAUKEE, WI, Jan. 22, 2024 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ: WEYS), a global marketer of footwear, plans to announce fourth quarter and full year 2023 financial results after the close on Tuesday, March 5, 2024. Additionally, Thomas W. Florsheim, Jr., Chairman and CEO, will host a conference call on Wednesday, March 6, 2024, at 11:00 a.m. Eastern Time to discuss the financial results in more detail.
Weyco Group, Inc. (NASDAQ:WEYS ) Q3 2023 Earnings Conference Call November 8, 2023 11:30 AM ET Company Participants Judy Anderson - CFO Tom Florsheim - Chairman & CEO John Florsheim - President & COO Conference Call Participants John Deysher - Pinnacle Operator Good day and thank you for standing by. Welcome to the Weyco Group Third Quarter 2023 Earnings Release Conference Call.
Milwaukee, WI, Oct. 12, 2023 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ: WEYS), a global marketer of footwear, plans to announce third quarter 2023 financial results after the close on Tuesday, November 7, 2023. Additionally, Thomas W. Florsheim, Jr., Chairman and CEO, will host a conference call on Wednesday, November 8, 2023, at 11:30 a.m. Eastern Time to discuss the financial results in more detail.
Weyco Group reported an impressive increase in operating margins driven by higher selling prices and lower operating expenses. If we also take into account improvements in the profitability of the e-commerce activities and headcount increases, I think that the free cash flow will most likely trend higher. Despite potential risks, such as failed commercialization or brand destruction, there is significant upside potential in Weyco's stock valuation.
MILWAUKEE, WI, July 13, 2023 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ: WEYS), a global marketer of footwear, plans to announce second quarter 2023 financial results after the close on Tuesday, August 1, 2023. Additionally, Thomas W. Florsheim, Jr., Chairman and CEO, will host a conference call on Wednesday, August 2, 2023, at 11:00 a.m. Eastern Time to discuss the financial results in more detail.
Weyco Group, Inc. (NASDAQ:WEYS ) Q1 2023 Earnings Conference Call May 3, 2023 11:00 AM ET Company Participants Judy Anderson - Chief Financial Officer Thomas Florsheim - Chairman & Chief Executive Officer Conference Call Participants David Wright - Henry Investment Trust Operator Good day and thank you for standing by. Welcome to the Weyco Group First Quarter 2023 Earnings Release Conference Call.