Weyco: Dividend Rally Was Not Driven By Fundamentals, Stock Now A Hold
Weyco Group, Inc.'s Q3 2024 earnings showed a 12% YoY sales decline, but the stock surged 20% due to a $2 one-time dividend and post-election rally. Read more here.
Business Insider9d
Weyco Reports Third Quarter 2024 Sales and Earnings; Declares Special Cash Dividend of $2.00 Per Share
The decrease was primarily due to lower sales of our Nunn Bush, Stacy Adams, and BOGS brands. Nunn Bush third-quarter sales were down 20%, due in part to the previously disclosed shift in timing of ...
sgbonline9d
Bogs and Florsheim Parent Weyco Group Sees Q3 Profits Slide on DD Sales Decline
Weyco Group, Inc., parent company of the Florsheim, Bogs, Nunn Bush, and Stacy Adams brands, reported third quarter revenues ...
Weyco Group reports Q3 EPS 84c vs. 98c in Q3 last year
Reports Q3 revenue $74.3M, consensus $57.45M.Net sales in our wholesale segment were $61.1 million in the third quarter of 2024, down 12% from ...