Weyco Group, Inc. designs, markets, and distributes footwear for men, women, and children in the United States, Canada, Australia, Asia, and South Africa. The company operates in two segments, North American Wholesale and North American Retail. The company offers mid-priced leather dress shoes and casual footwear composed of man-made materials and leather; and outdoor boots, shoes, and sandals under the Florsheim, Nunn Bush, Stacy Adams, and BOGS brands. It engages in the wholesale of its products to footwear, department, and specialty stores, as well as e-commerce retailers in the United States and Canada. The company also operates e-commerce business; and brick and mortar retail stores in the United States. In addition, it has licensing agreements with third parties, who sell its branded apparel, accessories, and specialty footwear in the United States, as well as footwear in Mexico and certain markets overseas. The company was formerly known as Weyenberg Shoe Manufacturing Company and changed its name to Weyco Group, Inc. in April 1990. Weyco Group, Inc. was incorporated in 1906 and is based in Glendale, Wisconsin.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $276M | $35M | $23M | $36M | 9.6% | -4.9% | -23.9% |
| 2024 | $290M | $43M | $30M | $36M | 12.3% | -8.7% | 0.4% |
| 2023 | $318M | $44M | $30M | $95M | 12.3% | -9.6% | 2.2% |
| 2022 | $352M | $43M | $30M | $-32M | 13.2% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 351.74 | 318.05 | 290.29 | 276.17 |
| Operating Revenue | - | 351.74 | 318.05 | 290.29 | 276.17 |
| Cost Of Revenue | - | 207.34 | 175.16 | 158.76 | 156.94 |
| Gross Profit | - | 144.39 | 142.88 | 131.52 | 119.23 |
| Operating Expense | - | 104.03 | 101.86 | 94.91 | 90.06 |
| Selling General And Administration | - | 104.03 | 101.86 | 94.91 | 90.06 |
| Total Expenses | - | 311.37 | 277.02 | 253.68 | 247 |
| Operating Income | - | 40.36 | 41.02 | 36.61 | 29.17 |
| Total Operating Income As Reported | - | 40.36 | 41.02 | 36.61 | 29.17 |
| EBITDA | - | 43.22 | 44.24 | 42.60 | 34.92 |
| Normalized EBITDA | - | 43.22 | 44.24 | 42.60 | 34.92 |
| EBIT | - | 40.45 | 41.39 | 39.85 | 32.03 |
| Interest Income | - | 0.36 | 1.11 | 3.68 | 2.97 |
| Interest Expense | - | 0.71 | 0.53 | 0.02 | 0 |
| Net Interest Income | - | -0.35 | 0.58 | 3.67 | 2.96 |
| Other Non Operating Income Expenses | - | -0.28 | -0.74 | -0.44 | -0.10 |
| Other Income Expense | - | -0.28 | -0.74 | -0.44 | -0.10 |
| Interest Income Non Operating | - | 0.36 | 1.11 | 3.68 | 2.97 |
| Interest Expense Non Operating | - | 0.71 | 0.53 | 0.02 | 0 |
| Net Non Operating Interest Income Expense | - | -0.35 | 0.58 | 3.67 | 2.96 |
| Pretax Income | - | 39.74 | 40.86 | 39.84 | 32.03 |
| Tax Provision | - | 10.20 | 10.68 | 9.52 | 8.95 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 29.54 | 30.19 | 30.32 | 23.08 |
| Net Income From Continuing And Discontinued Operation | - | 29.54 | 30.19 | 30.32 | 23.08 |
| Net Income From Continuing Operation Net Minority Interest | - | 29.54 | 30.19 | 30.32 | 23.08 |
| Net Income | - | 29.54 | 30.19 | 30.32 | 23.08 |
| Net Income Common Stockholders | - | 29.54 | 30.19 | 30.32 | 23.08 |
| Net Income Including Noncontrolling Interests | - | 29.54 | 30.19 | 30.32 | 23.08 |
| Normalized Income | - | 29.54 | 30.19 | 30.32 | 23.08 |
| Diluted NI Availto Com Stockholders | - | 29.54 | 30.19 | 30.32 | 23.08 |
| Basic Average Shares | - | 9.56 | 9.45 | 9.46 | 9.47 |
| Diluted Average Shares | - | 9.62 | 9.54 | 9.60 | 9.56 |
| Reconciled Depreciation | - | 2.77 | 2.85 | 2.75 | 2.88 |
| Reconciled Cost Of Revenue | - | 207.34 | 175.16 | 158.76 | 156.94 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Weyco Group, Inc.this co. | WEYS | $338M | 14.66β discount | 1.41 | 9.6% | 7.21 |
| Dine Brands Global, Inc. | DIN | $369M | 21.57 | -1.35 | -6.2% | 12.60 |
| Haverty Furniture Companies, Inc. | HVT | $367M | 18.61 | 1.19 | 6.4% | 10.19 |
| Barnes & Noble Education, Inc. | BNED | $363M | -5.51 | 1.33 | -24.2% | -102.94 |
| Lands' End, Inc. | LE | $342M |
| - |
| - |
| - |
| - |
| - |
| 61.98 |
| 1.40 |
| 2.3% |
| 7.63 |
| Strattec Security Corporation | STRT | $333M | 17.83 | 1.50 | 8.4% | 6.35 |
| Holley Inc. | HLLY | $315M | 16.45 | 0.70 | 4.3% | 7.38 |
| Kingsway Financial Services Inc. | KFS | $307M | -28.62 | 20.25 | -70.7% | 562.48 |
| Funko, Inc. | FNKO | $295M | -4.39 | 1.59 | -36.3% | 38.08 |
| Peer Median | - | 17.14 | 1.36 | -2.0% | 8.91 | |