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WEYS $37.35

WEYS target price
37.35
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Weyco Group
Type
Public
Traded as NASDAQ: WEYS
Industry Footwear
Founded 1892
Headquarters Glendale, Wisconsin
Revenue Increase US$$320.5 million (2014)
Net income
Increase US$19.8 million (2014)
Number of employees
640
Website www.weycogroup.com

Weyco Group (formerly Weyenberg Shoe Manufacturing Company or W. R. P. Shoe Company) is a footwear company that designs, markets and distributes brand names including Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters and Umi. The company, which focuses on North American wholesale and retail distribution, has been assembled by a series of acquisitions.

In 1964, after an estrangement with his father Harold Florsheim, Thomas Florsheim, Sr. left the Florsheim Shoe Company and invested $750,000 in the Weyenberg Shoe Manufacturing Company, becoming partners with Frank Weyenberg. They acquired Nunn Bush and Stacy Adams, while developing the new Brass Boot line in Europe. When the Florsheim Group filed for Chapter 11 bankruptcy in 2002, Weyco purchased some of the company's assets. Weyco acquired Umi in 2010, and in 2011 it acquired The Combs Company and its BOGS and Rafters footwear brands. Weyco is led by Thomas Florsheim, Jr. (the great-grandson of Florsheim Shoe Company founder Milton Florsheim).

The company focuses on two business segments in North America: wholesale and retail. The business entails mid-priced leather dress shoes; synthetic and leather casual footwear; outdoor boots, shoes, and sandals. Its wholesale customers are footwear, department, and specialty stores primarily in the United States and Canada. As of June 2015, it had 16 company-owned retail stores in the United States in addition to an internet business. For 2014, the company posted overall net sales of $320.5 million of which $243.4 million came from wholesale in North America and $23.3 million from North American retail.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q2 2022 2022-08-02 0.00 0.00
Q1 2022 2022-05-03 0.00 0.00
Q4 2021 2022-03-08 0.00 0.00
Q3 2021 2021-11-02 0.00 0.00
Q2 2021 2021-08-03 0.00 0.00
Q1 2021 2021-05-04 0.00 0.00
Q4 2020 2021-03-09 0.00 0.00
Q1 2020 2020-05-05 0.00 0.12
Q4 2019 2020-03-10 0.00 0.90
Q3 2019 2019-11-05 0.00 0.66

Ratings

2016-03-26 Initiated Coverage B. Riley Buy $31.00
2016-03-21 Initiated Coverage B. Riley Buy $31.00
1970-01-01
2016-03-26 Initiated Coverage B. Riley Buy $31.00
2016-03-21 Initiated Coverage B. Riley Buy $31.00
1970-01-01

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
FLORSHEIM THOMAS W 10.24%  (1108064) WEYS /
FLORSHEIM JOHN W President and COO 2.49%  (269073) WEYS /
FEITLER ROBERT 2.06%  (223020) STRT / WEYS /
STRATTON FREDERICK P JR 1.14%  (123110) WEYS /
WITTKOWSKE JOHN Senior VP and CFO 0.88%  (94960) WEYS /
FLORSHEIM THOMAS W JR Chairman and CEO 0.62%  (67361) STRT / WEYS /
Sotiros George VP - Information Systems 0.31%  (33400) WEYS /
GROSSMAN PETER S Senior Vice President 0.21%  (22725) WEYS /
Flannery Brian VP, President - Stacy Adams 0.16%  (17150) WEYS /
Schiff Kevin VP, President - Florsheim 0.09%  (9325) WEYS /
Chang Tina M 0.07%  (7723) WEYS /
Bernsteen Michael VP, President - Nunn Bush 0.06%  (6744) WEYS /
Anderson Judy VP Finance and Treasurer 0.06%  (6250) WEYS /
Nettles Cory L 0.05%  (4953) ASBC / WEYS /
Combs Dustin VP, President - BOGS & Rafters 0.02%  (2650) WEYS /
Woss Allison VP - Supply Chain 0.02%  (2625) WEYS /