Brief: WEYCO Q2 Sales USD 58.2 Million

WEYCO

05/08/2025 21:05

Overview

Weyco Q2 2025 net sales fall 9% yr/yr amid economic uncertainty

Net earnings for Q2 2025 drop 60%, impacted by tariffs and lower sales

Diluted EPS declines to $0.24 from $0.59 in Q2 2024

Outlook

Company anticipates continued sales pressure amid economic uncertainty

Weyco expects top-line pressure due to reduced consumer sentiment

Result Drivers

CONSUMER SPENDING - Slowdown in consumer spending amid economic uncertainty led to decreased sales across major brands

TARIFF IMPACT - Incremental tariffs on goods from China negatively affected gross margins despite mitigation efforts

RETAIL DECLINE - Lower consumer demand for footwear resulted in decreased sales in the retail segment

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
$58.20 mln
Q2 Net Income
$2.30 mln
Q2 Operating income
$3.90 mln


Press Release: ID:nGNX4Xh6Yw

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)