Latest news with #WeycoGroup
Yahoo
16-07-2025
- Business
- Yahoo
EXCLUSIVE: Florsheim to Release Premium Men's Shoe Range Made With Horween Leather
Florsheim is launching a new elevated product line for fall in collaboration with Chicago-based Horween Leather Co. According to the Weyco Group Inc.-owned footwear brand, it is combining Horween's premium Essex leather with three core Florsheim styles. Launching next month, the range features the Renegade Lux Boot, the Heist Lux Sneaker and the Vibe Lux Oxford in both light and dark leathers. More from WWD Hey Dude Joins Forces With Hello Kitty for a Playful Collaboration EXCLUSIVE: Chipotle and Wonderskin Revive Fan-favorite 'Lipotle' Lip Stain Kit Why More Luxury Chinese Home Brands Are on the Horizon Florsheim noted that the inspiration was a combination of heritage design, the store of aged leather and the beauty of Chicago's industrial roots. From vintage-inspired aesthetics to the charm of worn-in character, 'each detail celebrates the enduring relationship between craftsmanship and wearability,' the company said. John Florsheim, president and chief operating officer of Weyco Group Incorporated, said in a statement that he is excited to place some of Horween's leathers 'front and center' in the brand's 'most loved' designs. 'At Florsheim, we have stayed committed to creating high-quality shoes that not only look great but also stand the test of time,' Florsheim said. 'When working with Horween's leather you can tell the feel, the durability, and how it will develop character over time is superb. Horween's leathers bring an integrity to our designs that resonates with the Florsheim legacy and aligns with what today's customer is looking for.' Arnold 'Skip' Horween, president of Horween Leather Company, added that there is a 'real sense of pride' to see his company's leather in this new collection. 'For us, it's more than just providing a material; it's about seeing our craftsmanship meet Florsheim's heritage and creating something special together,' Horween noted. 'We pour so much into the manufacturing process, focusing on quality and character, and to see that translated into a shoe that people will wear and enjoy means so much to us here at Horween.' The Florsheim's Horween capsule collection, which retails between $195 and $225, will launch exclusively on Florsheim's website on Monday, August 11. In May, Weyco Group reported a dip in sales in the first quarter of 2025 as the company faced geopolitical and macroeconomic uncertainties, citing 'evolving U.S. trade policies, recession concerns, and market volatility.' Considering the challenging environment, in light of reduced consumer discretionary spending and cautious retailer inventory management, Weyco noted in the period that Florsheim's first quarter performance was 'particularly strong.' The brand continues to gain market share with 'robust sales' across a range of categories including hybrid 'refined casual' footwear, which it views as a significant growth opportunity in the future, Weyco noted. Overall, consolidated net sales at Weyco in Q1 2025 were $68.0 million, down 5 percent compared to net sales of $71.6 million in the first quarter of 2024. First quarter net earnings were $5.5 million, or 57 cents per diluted share, in 2025, versus $6.7 million, or 69 cents per diluted share, in 2024. Best of WWD All the Retailers That Nike Left and Then Went Back Mikey Madison's Elegant Red Carpet Shoe Style [PHOTOS] Julia Fox's Sleekest and Boldest Shoe Looks Over the Years [Photos]
Yahoo
06-06-2025
- Business
- Yahoo
Three Prominent Dividend Stocks To Consider
In the last week, the United States market has been flat, yet it has experienced an 11% increase over the past year with earnings forecasted to grow by 14% annually. In this environment, dividend stocks that offer consistent income and potential for growth can be appealing options for investors seeking stability and returns. Name Dividend Yield Dividend Rating Valley National Bancorp (VLY) 5.09% ★★★★★☆ Universal (UVV) 5.42% ★★★★★★ Southside Bancshares (SBSI) 5.17% ★★★★★☆ First Interstate BancSystem (FIBK) 6.91% ★★★★★★ Ennis (EBF) 5.40% ★★★★★★ Dillard's (DDS) 6.59% ★★★★★★ Credicorp (BAP) 5.14% ★★★★★☆ CompX International (CIX) 5.04% ★★★★★★ Columbia Banking System (COLB) 6.26% ★★★★★★ Chevron (CVX) 5.00% ★★★★★★ Click here to see the full list of 149 stocks from our Top US Dividend Stocks screener. Let's take a closer look at a couple of our picks from the screened companies. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Spok Holdings, Inc., through its subsidiary Spok, Inc., offers healthcare communication solutions across various regions including the United States, Europe, Canada, Australia, Asia, and the Middle East with a market cap of $329.98 million. Operations: Spok Holdings generates revenue primarily through its Clinical Communication and Collaboration Business, which accounted for $139.04 million. Dividend Yield: 7.6% Spok Holdings has consistently paid dividends over the past decade, with recent affirmations of a US$0.3125 quarterly dividend. However, its high payout ratio of 159.4% and cash payout ratio of 98.5% suggest dividends are not well covered by earnings or cash flows, raising sustainability concerns despite its top-tier yield of 7.65%. Recent Q1 results show improved revenue and net income, yet the lack of share buybacks may impact future capital allocation strategies. Delve into the full analysis dividend report here for a deeper understanding of Spok Holdings. In light of our recent valuation report, it seems possible that Spok Holdings is trading beyond its estimated value. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Weyco Group, Inc. designs, markets, and distributes footwear for men, women, and children across the United States, Canada, Australia, Asia, and South Africa with a market cap of $300.70 million. Operations: Weyco Group's revenue is primarily generated through its Wholesale segment at $225.96 million and its Retail segment at $37.55 million. Dividend Yield: 3.4% Weyco Group offers a stable dividend yield of 3.41%, with recent increases indicating growth potential. The dividend is well-covered by both earnings and cash flows, with payout ratios at 34.1% and 39.6%, respectively, suggesting sustainability. Despite a lower-than-top-tier yield compared to peers, the company maintains reliable dividends over the past decade. However, recent delisting concerns due to board composition may impact investor confidence until resolved within Nasdaq's specified timeframe. Click here to discover the nuances of Weyco Group with our detailed analytical dividend report. Upon reviewing our latest valuation report, Weyco Group's share price might be too optimistic. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Coca-Cola FEMSA, S.A.B. de C.V. is a franchise bottler that produces, markets, sells, and distributes Coca-Cola trademark beverages across several Latin American countries including Mexico and Brazil, with a market cap of approximately $20.25 billion. Operations: Coca-Cola FEMSA's revenue primarily comes from its Non-Alcoholic Beverages segment, which generated MX$286.15 billion. Dividend Yield: 4% Coca-Cola FEMSA's dividend yield of 3.97% is lower than the top US market payers, yet it has shown stability and growth over the past decade. Despite being well-covered by earnings with a payout ratio of 64.8%, its high cash payout ratio (171.6%) indicates dividends are not well-supported by free cash flows. Recent earnings growth and trading at a significant discount to fair value highlight potential for value investors, but sustainability concerns remain due to cash flow coverage issues. Unlock comprehensive insights into our analysis of Coca-Cola FEMSA. de stock in this dividend report. In light of our recent valuation report, it seems possible that Coca-Cola FEMSA. de is trading behind its estimated value. Navigate through the entire inventory of 149 Top US Dividend Stocks here. Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive. Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include SPOK WEYS and KOF. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
30-05-2025
- Business
- Yahoo
Weyco Group, Inc. (NASDAQ:WEYS) insiders have significant skin in the game with 38% ownership
Insiders appear to have a vested interest in Weyco Group's growth, as seen by their sizeable ownership A total of 8 investors have a majority stake in the company with 50% ownership 26% of Weyco Group is held by Institutions AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Every investor in Weyco Group, Inc. (NASDAQ:WEYS) should be aware of the most powerful shareholder groups. We can see that individual insiders own the lion's share in the company with 38% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). So it follows, every decision made by insiders of Weyco Group regarding the company's future would be crucial to them. Let's take a closer look to see what the different types of shareholders can tell us about Weyco Group. See our latest analysis for Weyco Group Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. We can see that Weyco Group does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Weyco Group, (below). Of course, keep in mind that there are other factors to consider, too. Hedge funds don't have many shares in Weyco Group. Looking at our data, we can see that the largest shareholder is the CEO Thomas Florsheim with 15% of shares outstanding. John Florsheim is the second largest shareholder owning 9.6% of common stock, and Thomas Florsheim holds about 6.7% of the company stock. Note that two of the top three shareholders are also President and Chairman Emeritus, respectively, once again pointing to significant ownership by company insiders. We also observed that the top 8 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. It seems insiders own a significant proportion of Weyco Group, Inc.. It has a market capitalization of just US$297m, and insiders have US$112m worth of shares in their own names. It is great to see insiders so invested in the business. It might be worth checking if those insiders have been buying recently. With a 36% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Weyco Group. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. While it is well worth considering the different groups that own a company, there are other factors that are even more important. Many find it useful to take an in depth look at how a company has performed in the past. You can access this detailed graph of past earnings, revenue and cash flow. If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, backed by strong financial data. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
08-03-2025
- Business
- Yahoo
Weyco Group Full Year 2024 Earnings: EPS: US$3.21 (vs US$3.20 in FY 2023)
Revenue: US$290.3m (down 8.7% from FY 2023). Net income: US$30.3m (flat on FY 2023). Profit margin: 10% (in line with FY 2023). EPS: US$3.21 (up from US$3.20 in FY 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period The primary driver behind last 12 months revenue was the Wholesale segment contributing a total revenue of US$227.9m (79% of total revenue). Notably, cost of sales worth US$158.8m amounted to 55% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$94.9m (94% of total expenses). Explore how WEYS's revenue and expenses shape its earnings. Weyco Group shares are down 9.1% from a week ago. While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Weyco Group's balance sheet and an in-depth analysis of the company's financial position. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
06-03-2025
- Business
- Yahoo
Returns On Capital Are Showing Encouraging Signs At Weyco Group (NASDAQ:WEYS)
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. Speaking of which, we noticed some great changes in Weyco Group's (NASDAQ:WEYS) returns on capital, so let's have a look. For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. The formula for this calculation on Weyco Group is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.13 = US$37m ÷ (US$324m - US$47m) (Based on the trailing twelve months to December 2024). Thus, Weyco Group has an ROCE of 13%. That's a relatively normal return on capital, and it's around the 12% generated by the Retail Distributors industry. View our latest analysis for Weyco Group Historical performance is a great place to start when researching a stock so above you can see the gauge for Weyco Group's ROCE against it's prior returns. If you're interested in investigating Weyco Group's past further, check out this free graph covering Weyco Group's past earnings, revenue and cash flow. Weyco Group's ROCE growth is quite impressive. More specifically, while the company has kept capital employed relatively flat over the last five years, the ROCE has climbed 26% in that same time. So our take on this is that the business has increased efficiencies to generate these higher returns, all the while not needing to make any additional investments. On that front, things are looking good so it's worth exploring what management has said about growth plans going forward. As discussed above, Weyco Group appears to be getting more proficient at generating returns since capital employed has remained flat but earnings (before interest and tax) are up. And with the stock having performed exceptionally well over the last five years, these patterns are being accounted for by investors. With that being said, we still think the promising fundamentals mean the company deserves some further due diligence. One more thing to note, we've identified 1 warning sign with Weyco Group and understanding this should be part of your investment process. For those who like to invest in solid companies, check out this free list of companies with solid balance sheets and high returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
