Weyco's (WEYS) Q2 Earnings Rise Y/Y Despite a Dip in Sales
WEYSWeyco (WEYS) ZACKS·2024-08-08 03:20

Weyco Group, Inc. (WEYS) reported its financial results for the second quarter ended Jun 30, 2024. Earnings per share (EPS) of 59 cents indicates an improvement from 50 cents in the prior-year quarter. Net sales of 63.9milliondenoteda563.9 million denoted a 5% decrease from 67 million in the second quarter of 2023 due to mixed performances across different segments and brands. The Wholesale segment showed resilience, and the Retail segment maintained steady sales but faced higher expenses. The cessation of operations in the ...