Previous close | 28.89 |
Open | 28.44 |
Bid | 20.48 x 200 |
Ask | 36.40 x 200 |
Day's range | 28.27 - 28.71 |
52-week range | 24.47 - 33.70 |
Volume | |
Avg. volume | 9,670 |
Market cap | 268.767M |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 8.92 |
EPS (TTM) | 3.17 |
Earnings date | 08 May 2024 |
Forward dividend & yield | 1.00 (3.49%) |
Ex-dividend date | 14 Mar 2024 |
1y target est | N/A |
Despite Sales Dip, Gross Margins Improve; Company Optimistic About Future Recovery
MILWAUKEE, May 07, 2024 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ: WEYS) (“we,” “our,” “us” and the “Company”) today announced financial results for the quarter ended March 31, 2024. First Quarter 2024 Consolidated net sales were $71.6 million, down 17% compared to record first-quarter sales of $86.3 million in 2023. Consolidated gross earnings increased to 44.7% of net sales compared to 43.1% of net sales in last year’s first quarter, due to higher gross margins in our North American wholes
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