New Risk • Aug 09
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$259k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company. Recent Insider Transactions • Aug 09
VP, CFO & Secretary recently sold US$113k worth of stock On the 7th of August, Judy Anderson sold around 3k shares on-market at roughly US$43.27 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Judy's only on-market trade for the last 12 months. Declared Dividend • Aug 07
Second quarter dividend of US$0.28 announced Shareholders will receive a dividend of US$0.28. Ex-date: 18th August 2026 Payment date: 30th September 2026 Dividend yield will be 6.7%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 52% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 05
Second quarter 2026 earnings released: EPS: US$1.42 (vs US$0.24 in 2Q 2025) Second quarter 2026 results: EPS: US$1.42 (up from US$0.24 in 2Q 2025). Revenue: US$62.2m (up 6.9% from 2Q 2025). Net income: US$13.3m (up 490% from 2Q 2025). Profit margin: 21% (up from 3.9% in 2Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Annonce • Aug 05
Weyco Group, Inc. Declares Cash Dividend, Payable September 30, 2026 Weyco Group, Inc. On August 4, 2026, announced Board of Directors declared a cash dividend of $0.28 per share to all shareholders of record on August 18, 2026, payable September 30, 2026. Annonce • Jul 15
Weyco Group, Inc. to Report Q2, 2026 Results on Aug 04, 2026 Weyco Group, Inc. announced that they will report Q2, 2026 results After-Market on Aug 04, 2026 Recent Insider Transactions Derivative • Jul 05
VP & President of Stacy Adams Brand exercised options and sold US$71k worth of stock On the 2nd of July, Brian Flannery exercised 7.20k options at around US$18.00, then sold 4k of the shares acquired at an average of US$37.87 per share and kept the remainder. Brian currently holds less than 1% of total shares outstanding. Company insiders have collectively sold US$77k more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • May 11
First quarter dividend of US$0.28 announced Shareholders will receive a dividend of US$0.28. Ex-date: 19th May 2026 Payment date: 30th June 2026 Dividend yield will be 9.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annonce • May 07
Weyco Group, Inc. announces Quarterly dividend, payable on June 30, 2026 Weyco Group, Inc. announced Quarterly dividend of USD 0.2800 per share payable on June 30, 2026, ex-date on May 19, 2026 and record date on May 19, 2026. Reported Earnings • May 06
First quarter 2026 earnings released: EPS: US$0.65 (vs US$0.58 in 1Q 2025) First quarter 2026 results: EPS: US$0.65 (up from US$0.58 in 1Q 2025). Revenue: US$68.0m (flat on 1Q 2025). Net income: US$6.12m (up 10% from 1Q 2025). Profit margin: 9.0% (up from 8.1% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Annonce • Apr 14
Weyco Group, Inc. to Report Q1, 2026 Results on May 05, 2026 Weyco Group, Inc. announced that they will report Q1, 2026 results After-Market on May 05, 2026 Annonce • Apr 04
Weyco Group, Inc., Annual General Meeting, May 05, 2026 Weyco Group, Inc., Annual General Meeting, May 05, 2026. Location: at the offices of the company, 333 west estabrook boulevard, glendale, wisconsin 53212, glendale United States Declared Dividend • Mar 06
Fourth quarter dividend of US$0.27 announced Shareholders will receive a dividend of US$0.27. Ex-date: 13th March 2026 Payment date: 31st March 2026 Dividend yield will be 9.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 3.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Mar 04
New minor risk - Dividend sustainability The dividend is not well covered by earnings. Payout ratio: 126% Dividend yield: 3.3% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Annonce • Mar 04
Weyco Group, Inc. Declares Quarterly Cash Dividend, Payable on March 31, 2026 On March 3, 2026, Weyco Group, Inc.'s Board of Directors declared a quarterly cash dividend of $0.27 per share to all shareholders of record on March 13, 2026, payable March 31, 2026. Annonce • Jan 16
Weyco Group, Inc. to Report Q4, 2025 Results on Mar 03, 2026 Weyco Group, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Mar 03, 2026 Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$28.48, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 19x in the Retail Distributors industry in the US. Total returns to shareholders of 38% over the past three years. Declared Dividend • Nov 07
Third quarter dividend of US$2.27 announced Shareholders will receive a dividend of US$2.27. Ex-date: 17th November 2025 Payment date: 9th January 2026 Dividend yield will be 9.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (42% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 3.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 06
Third quarter 2025 earnings released: EPS: US$0.70 (vs US$0.85 in 3Q 2024) Third quarter 2025 results: EPS: US$0.70 (down from US$0.85 in 3Q 2024). Revenue: US$73.1m (down 1.6% from 3Q 2024). Net income: US$6.59m (down 18% from 3Q 2024). Profit margin: 9.0% (down from 11% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Annonce • Oct 15
Weyco Group, Inc. to Report Q3, 2025 Results on Nov 04, 2025 Weyco Group, Inc. announced that they will report Q3, 2025 results After-Market on Nov 04, 2025 Annonce • Sep 17
Weyco Group, Inc. Announces Executive Changes, Effective September 10, 2025 Effective September 10, 2025, Robert D. Hanley resigned from his role as Director of Finance and principal accounting officer of Weyco Group, Inc. to accept a position at another company. Mr. Hanley served as the Company’s Director of Finance since 2021 and principal accounting officer since 2022. Mr. Hanley’s resignation was not due to any disagreements with the Company on any matters relating to the Company’s operations, policies, or practices. Effective September 10, 2025, Stephanie L. Liebl, age 42, assumed the role of principal accounting officer of the Company. Ms. Liebl, a Certified Public Accountant, joined the Company in November 2011 and has been Director of Financial Reporting since 2020. Declared Dividend • Aug 08
Second quarter dividend of US$0.27 announced Shareholders will receive a dividend of US$0.27. Ex-date: 18th August 2025 Payment date: 30th September 2025 Dividend yield will be 10%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 3.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 06
Second quarter 2025 earnings released: EPS: US$0.24 (vs US$0.59 in 2Q 2024) Second quarter 2025 results: EPS: US$0.24 (down from US$0.59 in 2Q 2024). Revenue: US$58.2m (down 8.9% from 2Q 2024). Net income: US$2.26m (down 60% from 2Q 2024). Profit margin: 3.9% (down from 8.8% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year. Annonce • Aug 06
Weyco Group, Inc. Declares Regular Quarterly Cash Dividend, Payable on September 30, 2025 On August 5, 2025, the Board of Directors of Weyco Group, Inc. declared a regular quarterly cash dividend of $0.27 per share to all shareholders of record on August 18, 2025, payable September 30, 2025. Annonce • Jul 10
Weyco Group, Inc. to Report Q2, 2025 Results on Aug 05, 2025 Weyco Group, Inc. announced that they will report Q2, 2025 results After-Market on Aug 05, 2025 Declared Dividend • May 09
First quarter dividend of US$0.27 announced Shareholders will receive a dividend of US$0.27. Ex-date: 16th May 2025 Payment date: 30th June 2025 Dividend yield will be 9.4%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 3.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 08
First quarter 2025 earnings released: EPS: US$0.58 (vs US$0.70 in 1Q 2024) First quarter 2025 results: EPS: US$0.58 (down from US$0.70 in 1Q 2024). Revenue: US$68.0m (down 4.9% from 1Q 2024). Net income: US$5.54m (down 17% from 1Q 2024). Profit margin: 8.1% (down from 9.3% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 4% per year. Annonce • May 07
Weyco Group, Inc. Declares Regular Quarterly Cash Dividend, Payable June 30, 2025 Weyco Group, Inc. announced that on May 6, 2025, Board of Directors declared a regular quarterly cash dividend of $0.27 per share to all shareholders of record on May 16, 2025, payable June 30, 2025. This represents an increase of 4% above the previous quarterly dividend rate of $0.26. Annonce • Apr 10
Weyco Group, Inc. to Report Q1, 2025 Results on May 06, 2025 Weyco Group, Inc. announced that they will report Q1, 2025 results After-Market on May 06, 2025 Annonce • Apr 07
Weyco Group, Inc., Annual General Meeting, May 06, 2025 Weyco Group, Inc., Annual General Meeting, May 06, 2025. Location: offices of the company, 333 west estabrook, boulevard, glendale, wisconsin 53212, United States Annonce • Mar 13
Weyco Group Receives Non-Compliance Notification from Nasdaq On March 3, 2025, Weyco Group, Inc. notified The Nasdaq Stock Market LLC (Nasdaq") that, because of the resignation of Mr. Robert Feitler from the Company's Board of Directors (the Board") effective February 28, 2025, as disclosed in Item 5.02 of Form 8-K filed on March 5, 2025, the Company no longer complied with Nasdaq Listing Rule 5605(b)(1), which requires that a majority of the Board be composed of independent directors. On March 4, 2025, the Company received a notification from Nasdaq confirming that, for the reason described above, the Company no longer complies with the Nasdaq's independent director requirement contained in Nasdaq Listing Rule 5605. As set in such notification, Nasdaq advised the Company that, consistent with Nasdaq Listing Rules, a cure period will be provided to the Company to regain compliance. The Company will have until the earlier of the Company's next annual shareholders meeting or February 28, 2026; or, if the next annual shareholders meeting is held before August 27, 2025, then the Company must evidence compliance no later than August 27, 2025. The Company is working diligently to cure this non-compliance and is actively searching for candidates to fill the vacancy on the Board. However, there can be no assurance that the Company will successfully regain compliance with these continued listing requirements within the applicable cure period. Annonce • Mar 08
Weyco Group, Inc. Announces Resignation of Robert Feitler as Member of the Board of Directors, Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee Effective February 28, 2025, Mr. Robert Feitler resigned from his position as a member of the Board of Directors (“Board”) of Weyco Group, Inc. Mr. Feitler, who had been a director since 1964, served on the Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee immediately prior to his resignation. Mr. Feitler’s resignation was not due to any disagreements with the Company on any matters relating to the Company’s operations, policies, or practices. Declared Dividend • Mar 07
Fourth quarter dividend of US$0.26 announced Shareholders will receive a dividend of US$0.26. Ex-date: 14th March 2025 Payment date: 31st March 2025 Dividend yield will be 9.6%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (32% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 8.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 05
Full year 2024 earnings released: EPS: US$3.21 (vs US$3.20 in FY 2023) Full year 2024 results: EPS: US$3.21 (up from US$3.20 in FY 2023). Revenue: US$290.3m (down 8.7% from FY 2023). Net income: US$30.3m (flat on FY 2023). Profit margin: 10% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 10% per year. Annonce • Mar 05
Weyco Group, Inc Declares Regular Quarterly Cash Dividend, Payable March 31, 2025 On March 4, 2025, Weyco Group, Inc.'s Board of Directors declared a regular quarterly cash dividend of $0.26 per share to all shareholders of record on March 14, 2025, payable March 31, 2025. Recent Insider Transactions • Dec 08
VP & President of Nunn Bush Brand recently sold US$80k worth of stock On the 6th of December, Kate Destinon sold around 2k shares on-market at roughly US$33.54 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$110k. Insiders have been net sellers, collectively disposing of US$645k more than they bought in the last 12 months. Recent Insider Transactions Derivative • Nov 20
VP & President of Florsheim Brand exercised options and sold US$149k worth of stock On the 15th of November, Kevin Schiff exercised 13.54k options at around US$37.22, then sold 10k of the shares acquired at an average of US$33.25 per share and kept the remainder. Since September 2024, Kevin has owned 23.82k shares directly. Company insiders have collectively sold US$1.1m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • Nov 15
Insider recently sold US$68k worth of stock On the 14th of November, Allison Woss sold around 2k shares on-market at roughly US$37.73 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$501k more than they bought in the last 12 months. Recent Insider Transactions Derivative • Nov 13
VP, CFO & Secretary exercised options and sold US$85k worth of stock On the 7th of November, Judy Anderson exercised 10.50k options at around US$27.94, then sold 8k of the shares acquired at an average of US$34.62 per share and kept the remainder. Since December 2023, Judy's direct individual holding has increased from 11.65k shares to 13.10k. Company insiders have collectively sold US$418k more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • Nov 08
Third quarter dividend of US$2.26 announced Shareholders will receive a dividend of US$2.26. Ex-date: 18th November 2024 Payment date: 2nd January 2025 Dividend yield will be 7.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 7.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annonce • Nov 07
Weyco Group, Inc. Declares Special Cash Dividend, Payable on January 2, 2025 Weyco Group, Inc. announced that its Board of Directors declared a special one-time cash dividend of $2.00 per share, for a total of approximately $19.0 million based on the number of shares currently outstanding. The dividend will be paid on January 2, 2025, to shareholders of record at the close of business on November 18, 2024. Reported Earnings • Nov 06
Third quarter 2024 earnings released: EPS: US$0.85 (vs US$0.99 in 3Q 2023) Third quarter 2024 results: EPS: US$0.85 (down from US$0.99 in 3Q 2023). Revenue: US$74.3m (down 12% from 3Q 2023). Net income: US$8.06m (down 14% from 3Q 2023). Profit margin: 11% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Oct 12
Weyco Group, Inc. to Report Q3, 2024 Results on Nov 05, 2024 Weyco Group, Inc. announced that they will report Q3, 2024 results After-Market on Nov 05, 2024 Recent Insider Transactions Derivative • Aug 29
Insider notifies of intention to sell stock Dustin Combs intends to sell 2k shares in the next 90 days after lodging an Intent To Sell Form on the 27th of August. If the sale is conducted around the recent share price of US$34.65, it would amount to US$86k. Since September 2023, Dustin has owned 2.15k shares directly. Company insiders have collectively sold US$333k more than they bought, via options and on-market transactions in the last 12 months. New Risk • Aug 21
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$65k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company. Declared Dividend • Aug 09
Second quarter dividend of US$0.26 announced Shareholders will receive a dividend of US$0.26. Ex-date: 19th August 2024 Payment date: 30th September 2024 Dividend yield will be 3.3%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 3.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 8.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 07
Second quarter 2024 earnings released: EPS: US$0.59 (vs US$0.52 in 2Q 2023) Second quarter 2024 results: EPS: US$0.59 (up from US$0.52 in 2Q 2023). Revenue: US$63.9m (down 4.6% from 2Q 2023). Net income: US$5.61m (up 15% from 2Q 2023). Profit margin: 8.8% (up from 7.3% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Annonce • Aug 07
Weyco Group, Inc. Declares Cash Dividend, Payable on September 30, 2024 Weyco Group, Inc. announced that on August 6, 2024, the Board of Directors declared a cash dividend of $0.26 per share to all shareholders of record on August 19, 2024, payable September 30, 2024. Annonce • Jul 10
Weyco Group, Inc. to Report Q2, 2024 Results on Aug 06, 2024 Weyco Group, Inc. announced that they will report Q2, 2024 results After-Market on Aug 06, 2024 Declared Dividend • May 10
First quarter dividend increased to US$0.26 Dividend of US$0.26 is 4.0% higher than last year. Ex-date: 16th May 2024 Payment date: 28th June 2024 Dividend yield will be 3.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 3.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 8.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 08
First quarter 2024 earnings released: EPS: US$0.70 (vs US$0.79 in 1Q 2023) First quarter 2024 results: EPS: US$0.70 (down from US$0.79 in 1Q 2023). Revenue: US$71.6m (down 17% from 1Q 2023). Net income: US$6.65m (down 11% from 1Q 2023). Profit margin: 9.3% (up from 8.6% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Annonce • Apr 09
Weyco Group, Inc. to Report Q1, 2024 Results on May 07, 2024 Weyco Group, Inc. announced that they will report Q1, 2024 results After-Market on May 07, 2024 Annonce • Apr 08
Weyco Group, Inc., Annual General Meeting, May 07, 2024 Weyco Group, Inc., Annual General Meeting, May 07, 2024, at 10:00 Central Daylight. Location: 333 West Estabrook Boulevard, Glendale, Glendale Wisconsin United States Agenda: To consider and elect seven members to Board of Directors; To ratify the appointment of Baker Tilly US, LLP as independent registered public accounting firm for the year ending December 31, 2024; To act on a proposal to approve the Weyco Group, Inc. 2024 Incentive Plan, and to To consider and transact any other business that properly may come before the meeting or any adjournment thereof. Recent Insider Transactions • Mar 15
Insider recently sold US$116k worth of stock On the 13th of March, Dustin Combs sold around 4k shares on-market at roughly US$28.81 per share. This transaction amounted to 65% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$225k more than they bought in the last 12 months. Recent Insider Transactions Derivative • Mar 14
Insider notifies of intention to sell stock Dustin Combs intends to sell 4k shares in the next 90 days after lodging an Intent To Sell Form on the 13th of March. If the sale is conducted around the recent share price of US$28.60, it would amount to US$115k. Since September 2023, Dustin's direct individual holding has increased from 2.15k shares to 6.17k. Company insiders have collectively sold US$293k more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • Mar 08
Fourth quarter dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 14th March 2024 Payment date: 29th March 2024 Dividend yield will be 3.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 3.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 9.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 06
Full year 2023 earnings released: EPS: US$3.20 (vs US$3.09 in FY 2022) Full year 2023 results: EPS: US$3.20 (up from US$3.09 in FY 2022). Revenue: US$318.0m (down 9.6% from FY 2022). Net income: US$30.2m (up 2.2% from FY 2022). Profit margin: 9.5% (up from 8.4% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Annonce • Mar 06
Weyco Group, Inc. Declares Cash Dividend, Payable on March 29, 2024 On March 5, 2024, the Board of Directors of Weyco Group, Inc. declared a cash dividend of $0.25 per share to all shareholders of record on March 15, 2024, payable March 29, 2024. Annonce • Jan 23
Weyco Group, Inc. to Report Q4, 2023 Results on Mar 05, 2024 Weyco Group, Inc. announced that they will report Q4, 2023 results After-Market on Mar 05, 2024 Recent Insider Transactions Derivative • Dec 28
Insider exercised options and sold US$125k worth of stock On the 21st of December, Dustin Combs exercised 19.08k options at around US$27.94, then sold 15k of the shares acquired at an average of US$26.30 per share and kept the remainder. Since September 2023, Dustin has owned 2.15k shares directly. Company insiders have collectively sold US$293k more than they bought, via options and on-market transactions in the last 12 months. Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$28.60, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 14x in the Retail Distributors industry in the US. Total returns to shareholders of 82% over the past three years. Upcoming Dividend • Nov 17
Upcoming dividend of US$0.25 per share at 3.6% yield Eligible shareholders must have bought the stock before 24 November 2023. Payment date: 02 January 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of American dividend payers (5.0%). Higher than average of industry peers (2.3%). Reported Earnings • Nov 09
Third quarter 2023 earnings released: EPS: US$0.99 (vs US$1.13 in 3Q 2022) Third quarter 2023 results: EPS: US$0.99 (down from US$1.13 in 3Q 2022). Revenue: US$84.2m (down 13% from 3Q 2022). Net income: US$9.34m (down 13% from 3Q 2022). Profit margin: 11% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Annonce • Oct 13
Weyco Group, Inc. to Report Q3, 2023 Results on Nov 07, 2023 Weyco Group, Inc. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Nov 07, 2023 Recent Insider Transactions • Sep 16
Insider recently sold US$52k worth of stock On the 14th of September, Dustin Combs sold around 2k shares on-market at roughly US$27.12 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$67k more than they bought in the last 12 months. Upcoming Dividend • Aug 17
Upcoming dividend of US$0.25 per share at 3.8% yield Eligible shareholders must have bought the stock before 24 August 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of American dividend payers (4.8%). Higher than average of industry peers (2.0%). Annonce • Aug 03
Weyco Group, Inc Declares Cash Dividend, Payable September 29, 2023 On August 1, 2023, Weyco Group, Inc. Board of Directors declared a cash dividend of $0.25 per share to all shareholders of record on August 25, 2023, payable September 29, 2023. Reported Earnings • Aug 02
Second quarter 2023 earnings released: EPS: US$0.52 (vs US$0.47 in 2Q 2022) Second quarter 2023 results: EPS: US$0.52 (up from US$0.47 in 2Q 2022). Revenue: US$67.0m (down 9.9% from 2Q 2022). Net income: US$4.86m (up 8.2% from 2Q 2022). Profit margin: 7.3% (up from 6.0% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Annonce • Jul 14
Weyco Group, Inc. to Report Q2, 2023 Results on Aug 01, 2023 Weyco Group, Inc. announced that they will report Q2, 2023 results After-Market on Aug 01, 2023 Recent Insider Transactions Derivative • Jun 22
President exercised options and sold US$181k worth of stock On the 16th of June, John Florsheim exercised 64.00k options at around US$25.64, then sold 60k of the shares acquired at an average of US$3.03 per share and kept the remainder. Since June 2022, John's direct individual holding has increased from 1.04m shares to 1.05m. Company insiders have collectively sold US$94k more than they bought, via options and on-market transactions in the last 12 months. Upcoming Dividend • May 18
Upcoming dividend of US$0.25 per share at 3.7% yield Eligible shareholders must have bought the stock before 25 May 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of American dividend payers (5.2%). Higher than average of industry peers (1.9%). Annonce • May 04
Weyco Group, Inc. Declares Cash Dividend, Payable on June 30, 2023 On May 2, 2023, Weyco Group, Inc.'s declared a cash dividend of $0.25 per share to all shareholders of record on May 26, 2023, payable on June 30, 2023. This represents an increase of 4% above the previous quarterly dividend rate of $0.24. Reported Earnings • May 03
First quarter 2023 earnings released: EPS: US$0.79 (vs US$0.42 in 1Q 2022) First quarter 2023 results: EPS: US$0.79 (up from US$0.42 in 1Q 2022). Revenue: US$86.3m (up 6.1% from 1Q 2022). Net income: US$7.45m (up 84% from 1Q 2022). Profit margin: 8.6% (up from 5.0% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 09
Full year 2022 earnings released: EPS: US$3.09 (vs US$2.13 in FY 2021) Full year 2022 results: EPS: US$3.09 (up from US$2.13 in FY 2021). Revenue: US$351.7m (up 31% from FY 2021). Net income: US$29.5m (up 44% from FY 2021). Profit margin: 8.4% (up from 7.7% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Annonce • Jan 10
Weyco Group, Inc. to Report Q4, 2022 Results on Mar 07, 2023 Weyco Group, Inc. announced that they will report Q4, 2022 results After-Market on Mar 07, 2023 Upcoming Dividend • Nov 18
Upcoming dividend of US$0.24 per share Eligible shareholders must have bought the stock before 25 November 2022. Payment date: 03 January 2023. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of American dividend payers (4.3%). Higher than average of industry peers (1.8%). Board Change • Nov 17
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. Independent Director Tina Chang was the last director to join the board, commencing their role in 2007. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 03
Third quarter 2022 earnings released: EPS: US$1.13 (vs US$0.53 in 3Q 2021) Third quarter 2022 results: EPS: US$1.13 (up from US$0.53 in 3Q 2021). Revenue: US$97.0m (up 57% from 3Q 2021). Net income: US$10.8m (up 113% from 3Q 2021). Profit margin: 11% (up from 8.2% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.