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Dec 31, 2019
Weyco Q4 2019 Earnings Report
Weyco Group reported a decrease in net sales and net earnings for the fourth quarter of 2019, while diluted earnings per share remained relatively stable.
Key Takeaways
Weyco Group's Q4 2019 net sales decreased by 3% to $86.9 million compared to Q4 2018. Net earnings attributable to the company totaled $8.8 million, an 8% decrease. Diluted earnings per share were $0.90, compared to $0.93 in the prior year.
Net sales decreased by 3% compared to the same quarter last year.
Earnings from operations decreased by 3% compared to Q4 2018.
Net earnings attributable to the company decreased by 8% compared to the same quarter last year.
North American retail segment sales increased by 11%, driven by e-commerce growth.
Weyco
Weyco
Weyco Revenue by Segment
Revenue by Segment
North American Wholesale Revenue
CapyFin.comNorth American Retail Revenue
CapyFin.comFlorsheim Australia Revenue
CapyFin.com Forward Guidance
Company is working to improve Florsheim Australia's bottom line in 2020.
Revenue & Expenses
Visualization of income flow from segment revenue to net income