Weyco Group

Weyco makes and sells shoes for men, women, and children. The company helps people find shoes for work and outdoor activities. Products are sold through websites and thousands of retail stores.

Footwear for Every Occasion

• North American Wholesale: Designs and markets shoes under brands like Florsheim, Nunn Bush, and Stacy Adams; accounts for 79% of net sales.
• North American Retail: Operates four physical stores and e-commerce websites for direct consumer sales; represents 13% of net sales.
• Florsheim Australia: Manages wholesale and retail operations in Australia, South Africa, and the Asia-Pacific region; contributes 8% of net sales.
• Licensing Agreements: Partners with third parties to sell branded apparel and accessories in global markets including Mexico.

Navigating Global Trade

• Weyco submitted claims for $18.6 million in refunds from U.S. Customs and Border Protection (CBP) in April 2026.
• The refund request followed a U.S. Supreme Court ruling in February 2026 that declared certain import tariffs invalid.
• The company is shifting Stacy Adams product lines toward casual offerings to match modern lifestyle trends.
• BOGS expanded its catalog in 2026 with new spring footwear designed for year-round use rather than just cold weather.

Distribution and Brands

The company maintains a broad distribution network reaching approximately 10,000 footwear, department, and specialty stores worldwide. This strategy balances legacy dress shoe brands with specialized outdoor footwear to serve various consumer price points and activities.

Recent Financial Performance

• Consolidated net sales remained flat at $68 million in the first quarter of 2026 compared to the previous year.
• Net earnings rose 10% to $6.1 million in the first quarter of 2026, up from $5.5 million in 2025.
• Operating cash flow reached $17.4 million in the first quarter of 2026, up 322% from $4.1 million in 2025.
• Cash and marketable securities totaled $93.9 million with no debt outstanding as of March 31, 2026.

Bottom Line

Weyco has evolved from a traditional manufacturer into a multi-brand distributor with a strong focus on e-commerce and wholesale partnerships. Its ability to manage large-scale trade policy changes while diversifying its product styles helps maintain steady operations in a changing retail market.