Weyco Group (formerly Weyenberg Shoe Manufacturing Company or W. R. P. Shoe Company) is an American 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.3 Its shares trade on Nasdaq under the symbol WEYS.1Wikipedia text CC BY-SA 4.0
Weyco Group (formerly Weyenberg Shoe Manufacturing Company or W. R. P. Shoe Company) is an American 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.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Revenue9101112138$276.2M in 2025−9% since 2019Gross profit9101112138$119.2M in 2025−4% since 2019Operating income9101112138$29.2M in 2025+8% since 2019Net income9101112138$23.1M in 2025+11% since 2019
Revenue1415$62.2M in Q2 FY2026−9% since Q1 FY2026Gross profit1415$43.8M in Q2 FY2026+46% since Q1 FY2026Operating income1415$17.0M in Q2 FY2026+127% since Q1 FY2026Net income1415$13.3M in Q2 FY2026+118% since Q1 FY2026
Every line of the income statement as filed: the last 2 fiscal years, latest first.8
Period ending
2025-12-31
2024-12-31
Net sales
$276.2M
$290.3M
Cost of sales
$156.9M
$158.8M
Gross earnings
$119.2M
$131.5M
Selling and administrative expenses
$90.1M
$94.9M
Earnings from operations
$29.2M
$36.6M
Interest income
$3.0M
$3.7M
Interest expense
-$2.0K
-$15.0K
Other expense, net
-$105.0K
-$444.0K
Earnings before provision for income taxes
$32.0M
$39.8M
Provision for income taxes
$9.0M
$9.5M
Net earnings
$23.1M
$30.3M
Basic earnings per share (in dollars per share)
$2.44
$3.21
Diluted earnings per share (in dollars per share)
$2.41
$3.16
No quarter-by-quarter statement was filed.
Total assets9101112138$319.7M in 2025+8% since 2019Total liabilities9101112138$80.1M in 2025−8% since 2019Shareholders’ equity9101112138$239.6M in 2025+14% since 2019Cash9101112138$96.0M in 2025+880% since 2019
Total assets1415$311.1M in Q2 FY2026−3% since Q1 FY2025Total liabilities1415$56.3M in Q2 FY2026−30% since Q1 FY2025Shareholders’ equity1415$254.8M in Q2 FY2026+6% since Q1 FY2025Cash1415$93.7M in Q2 FY2026−2% since Q1 FY2025
Every line of the balance sheet as filed: the last 2 fiscal years (annual) or 2 quarters (quarterly), latest first.8
Period ending
2025-12-31
2024-12-31
Cash and cash equivalents
$96.0M
$71.0M
Marketable securities, at amortized cost
$1.4M
$852.0K
Accounts receivable, less allowances of $2,392 and $2,140, respectively
$38.9M
$37.5M
Income tax receivable
$0
$1.1M
Inventories
$65.9M
$74.0M
Prefunded dividend
$21.6M
Prepaid expenses and other current assets
$3.2M
$3.4M
Total current assets
$205.4M
$209.4M
Marketable securities, at amortized cost
$3.5M
$5.5M
Deferred income tax benefits
$1.0M
Property, plant and equipment, net
$27.4M
$28.2M
Operating lease right-of-use assets
$10.3M
$10.5M
Goodwill
$12.3M
$12.3M
Trademarks
$32.9M
$32.9M
Other assets
$27.9M
$24.3M
Total assets
$319.7M
$324.1M
Accounts payable
$11.2M
$8.4M
Dividend payable
$21.4M
$21.6M
Operating lease liabilities
$4.4M
$4.0M
Accrued income tax payable
$638.0K
Accrued compensation and employee benefits
$3.7M
$6.9M
Sales and advertising allowances
$3.5M
$2.3M
Taxes other than income taxes
$951.0K
$930.0K
Other
$2.9M
$3.1M
Total current liabilities
$48.6M
$47.3M
Deferred income tax liabilities
$13.8M
$13.9M
Long-term pension liability
$10.8M
$9.9M
Operating lease liabilities
$6.4M
$7.0M
Other long-term liabilities
$410.0K
$394.0K
Total liabilities
$80.1M
$78.5M
Common stock, $1.00 par value, authorized 24,000,000 shares in 2025 and 2024, issued and outstanding 9,532,175 shares in 2025 and 9,642,630 shares in 2024
$9.5M
$9.6M
Capital in excess of par value
$74.0M
$72.6M
Reinvested earnings
$169.9M
$181.3M
Accumulated other comprehensive loss
-$13.9M
-$17.9M
Total equity
$239.6M
$245.6M
Total liabilities and equity
$319.7M
$324.1M
Accounts receivable, reserves (in dollars)
$2.4M
$2.1M
Common stock, par value (in dollars per share)
$1.00
$1.00
Common stock, shares authorized
24.0M shares
24.0M shares
Common stock, shares issued
9.5M shares
9.6M shares
Common stock, shares outstanding
9.5M shares
9.6M shares
Period ending
2025-12-31
2024-12-31
Cash and cash equivalents
$96.0M
$71.0M
Marketable securities, at amortized cost
$1.4M
$852.0K
Accounts receivable, less allowances of $2,392 and $2,140, respectively
$38.9M
$37.5M
Income tax receivable
$0
$1.1M
Inventories
$65.9M
$74.0M
Prefunded dividend
$21.6M
Prepaid expenses and other current assets
$3.2M
$3.4M
Total current assets
$205.4M
$209.4M
Marketable securities, at amortized cost
$3.5M
$5.5M
Deferred income tax benefits
$1.0M
Property, plant and equipment, net
$27.4M
$28.2M
Operating lease right-of-use assets
$10.3M
$10.5M
Goodwill
$12.3M
$12.3M
Trademarks
$32.9M
$32.9M
Other assets
$27.9M
$24.3M
Total assets
$319.7M
$324.1M
Accounts payable
$11.2M
$8.4M
Dividend payable
$21.4M
$21.6M
Operating lease liabilities
$4.4M
$4.0M
Accrued income tax payable
$638.0K
Accrued compensation and employee benefits
$3.7M
$6.9M
Sales and advertising allowances
$3.5M
$2.3M
Taxes other than income taxes
$951.0K
$930.0K
Other
$2.9M
$3.1M
Total current liabilities
$48.6M
$47.3M
Deferred income tax liabilities
$13.8M
$13.9M
Long-term pension liability
$10.8M
$9.9M
Operating lease liabilities
$6.4M
$7.0M
Other long-term liabilities
$410.0K
$394.0K
Total liabilities
$80.1M
$78.5M
Common stock, $1.00 par value, authorized 24,000,000 shares in 2025 and 2024, issued and outstanding 9,532,175 shares in 2025 and 9,642,630 shares in 2024
$9.5M
$9.6M
Capital in excess of par value
$74.0M
$72.6M
Reinvested earnings
$169.9M
$181.3M
Accumulated other comprehensive loss
-$13.9M
-$17.9M
Total equity
$239.6M
$245.6M
Total liabilities and equity
$319.7M
$324.1M
Accounts receivable, reserves (in dollars)
$2.4M
$2.1M
Common stock, par value (in dollars per share)
$1.00
$1.00
Common stock, shares authorized
24.0M shares
24.0M shares
Common stock, shares issued
9.5M shares
9.6M shares
Common stock, shares outstanding
9.5M shares
9.6M shares
Cash from operations9101112138$37.3M in 2025+297% since 2019Capital spending9101112138$1.8M in 2025−76% since 2019Free cash flow9101112138$35.5M in 2025+1680% since 2019Dividends paid9101112138$7.7M in 2025−18% since 2019Share buybacks9101112138$5.3M in 2025−7% since 2019
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.8
Period ending
2025-12-31
2024-12-31
Net earnings
$23.1M
$30.3M
Depreciation
$2.6M
$2.5M
Amortization
$262.0K
$264.0K
Bad debt expense
$78.0K
$110.0K
Deferred income taxes
$327.0K
$1.1M
Net foreign currency transaction losses (gains)
$13.0K
-$12.0K
Share-based compensation expense
$1.7M
$1.4M
Pension expense
$291.0K
$962.0K
Impairment of trademark
$300.0K
Loss on disposal of fixed assets
$67.0K
$36.0K
Increase in cash surrender value of life insurance
-$841.0K
-$738.0K
Accounts receivable
-$1.5M
$1.8M
Inventories
$8.1M
$821.0K
Prepaid expenses and other assets
$384.0K
$3.2M
Accounts payable
$2.9M
-$419.0K
Accrued liabilities and other
-$1.8M
-$3.1M
Accrued income taxes
$1.7M
-$857.0K
Net cash provided by operating activities
$37.3M
$37.7M
Proceeds from maturities of marketable securities
$1.1M
$215.0K
Proceeds from sale of marketable securities
$384.0K
Purchases of property, plant and equipment
-$1.8M
-$1.4M
Net cash used for investing activities
-$242.0K
-$1.2M
Cash dividends paid
-$7.7M
-$9.7M
Prefunded dividend
-$21.6M
Shares purchased and retired
-$5.3M
-$586.0K
Net proceeds from stock options exercised
$5.0K
$51.0K
Taxes paid related to the net share settlement of equity awards
-$231.0K
-$419.0K
Net cash used for financing activities
-$13.2M
-$32.2M
Effect of exchange rate changes on cash and cash equivalents
$1.3M
-$2.7M
Net increase in cash and cash equivalents
$25.0M
$1.7M
Income taxes paid, net of refunds
$6.9M
$9.4M
Interest paid
$2.0K
$15.0K
Settlement of dividend payable with prefunded dividend
Weyco Group sits at the top of its group. 6 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Florsheim Australia Pty Ltd Subsidiary · Australia
Florsheim South Africa Pty Ltd Subsidiary · South Africa
Weyco Investments, Inc. Subsidiary · Nevada, United States
Weyco Retail Corp. Subsidiary · Wisconsin, United States
Weyco Sales, LLC Subsidiary · Wisconsin, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Weyco Group reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
The following facilities were operated by the Company or its subsidiaries as of December 31, 2025:
Owned/ · Square
The rest of Item 2
Location · Character · Leased · Footage · % Utilized
Glendale, Wisconsin (1) · Two story office and distribution center · Owned · 1,100,000 · 85
Montreal, Canada (1) · Multistory office and distribution center · Owned (3) · 92,800 · 100
Surrey Hills, Victoria, Australia (2) · Multistory office · Leased · 9,800 · 100
Tottenham, Victoria, Australia (2) · Single story distribution center · Leased · 47,500 · 100
(1) · These properties are used principally by our North American Wholesale segment.
(2) · These properties are used principally by our other businesses which are not reportable segments.
(3) · We own a 50% interest in this property. See Note 9 of the Notes to Consolidated Financial Statements.
In addition to the above-described offices and distribution facilities, we also operate offices, distribution facilities, and retail shoe stores under various rental agreements. All of these facilities are suitable and adequate for our current operations. See Note 7 of the Notes to Consolidated Financial Statements and Item 1, “Business”, above.
In 1964, after an estrangement with his father Harold Florsheim, son of company founder Milton S. 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 Milton S. 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.
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
421 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 41 major events, 320 insider forms, 3 large holders, 37 other. The latest 20:
47 open-market trades by officers, directors and large owners since October 2021: 0 buys and 47 sales. Grants, option exercises and gifts are left out.
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 83. Change is in shares since the quarter before.
From the cover page of the 10-K filed Mar 13, 2026 (Section 12(b) of the Exchange Act).16
Risk factors and legal proceedings
The risks Weyco Group names in Item 1A of its 10-K filed Mar 13, 2026: 18 risks under these headings, as written.16
We rely on independent foreign sources of production and the availability of leather, rubber and other raw materials; a deterioration in our relationships, or other issues affecting such manufacturers and/or issues with the availability of raw materials could have unfavorable effects on our business.
Government actions and regulations, such as export restrictions, tariffs and other trade protection measures could adversely affect our business.
A disruption in our supply chain could adversely affect our profitability.
Any severe and prolonged disruption to ocean freight transportation could force us to rely on alternate and more expensive transportation systems. Efficient and timely inventory deliveries and proper inventory management are important factors in our operations. Extended delays and disruptions in shipments could result in changes in the availability of inventory, increased shipping costs, or missed sales that may materially adversely impact our business and results of operations.
Loss of the services of our top executives and an inability to effectively manage leadership transitions, could adversely affect the business.
If we fail to maintain effective internal control procedures over our financial reporting and disclosures, investor confidence may be adversely affected thereby affecting the value of our stock price.
We may not be able to successfully integrate new brands and businesses.
Decreases in disposable income and general market volatility in the U.S. and global economy may adversely affect our Company.
We are subject to risks related to operating in the retail environment that could adversely impact our business.
We operate in a highly competitive environment, which may result in lower prices and reduced profits.
Changes in fashion trends and consumer preferences could negatively impact the Company.
We conduct business globally, which exposes us to the impact of foreign currency fluctuations as well as political, economic and social risks.
The other 6 risks
We are dependent on information and communication systems to support our business and e-commerce sales. Significant interruptions could disrupt our business and damage our reputation.
We are subject to the risk of data loss and security breaches, particularly in our retail segment and our e-commerce businesses.
The Company could be negatively impacted by stakeholder reactions to our ESG initiatives.
Future public health emergencies could materially adversely affect our business, financial condition and results of operations.
Risks related to financing, investment, and pension matters
Volatility and uncertainty in the U.S. and global credit markets could adversely affect our business.
The limited public float and trading volume for our Company’s stock may have an adverse impact on the stock price or make it difficult to liquidate.
Legal proceedings
We are not currently a party to any material legal proceedings but are subject to certain legal proceedings and claims from time to time that arise out of the conduct of our business.
