Sneak Preview of Weyco Group, Inc. ($WEYS) 2Q20 Earnings

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Weyco Group, Inc. (NASDAQ:WEYS) is reporting second quarter earnings results on Tuesday 4th August 2020, after market close.

Previous Quarter Performance

Weyco Group, Inc. posted income for the first quarter of $ 0.12 per share, from the revenue of $ 63.58 million. The quarterly earnings swell 13.59 percent while revenues compared with the same quarter last year.
Street analysts expected $ 57.45 million. The bottom line results street analysts by $ 0.04 or , at the same time, top line results outshined analysts by $ 6.13 million or 10.67 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Weyco Group, Inc.

Stock Performance

According to the previous trading day, closing price of WEYS was $ 18.73, representing a 21.62 % increase from the 52 week low of $ 15.40 and a 30.27 % decrease over the 52 week high of $ 26.86.

The company has a market capital of $ 186.90 million and is part of the Consumer Cyclical sector and Footwear & Accessories industry.

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Recent Stock Dividend Announcement

On May 5, 2020, the board of directors authorized quarterly dividend of $ 0.24 per share to holders of record as of the close of business on May 29, 2020, with payment date of June 30, 2020 and ex-dividend date on May 28, 2020.

Weyco Group, Inc., together with its subsidiaries, designs and distributes footwear. The company operates through two segments, North American Wholesale and North American Retail. It engages in the design and marketing footwear for men, women, and children under the Florsheim, Nunn Bush, Stacy Adams, BOGS, and Rafters brand names.