Detail akcie Weyco Group Inc online

Business Summary: Weyco Group, Inc. designs, markets, and distributes footwear principally for men. The Company is also focused on women and children, under a portfolio of brand names including: Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters, and Forsake. The Company operates through two segments: North American wholesale (Wholesale) and North American retail (Retail). In the Wholesale segment, its products are sold to footwear, department, and specialty stores, as well as e-commerce retailers, primarily in the United States and Canada. It also has licensing agreements with third parties who sell its branded apparel, accessories, and specialty footwear in the United States, as well as its footwear in Mexico and certain markets overseas. The Retail segment consists of e-commerce businesses and four brick-and-mortar retail stores in the United States. Retail sales are made directly to consumers on its Websites, or by its employees in its stores.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Weyco Group, Inc. revenues decreased 10% to $318M. Net income increased 2% to $30.2M. Revenues reflect Wholesale Distribution segment decrease of 12% to $250.4M, Other segment decrease of 7% to $29.6M, United States segment decrease of 9% to $266.5M, Canada segment decrease of 20% to $21.9M. Net Income benefited from Retail segment income increase of 11% to $6.8M.