WEYCO GROUP INC (WEYS) Form 8-K — Aug 4, 2026
Weyco Group (NASDAQ: WEYS) reported Q2 2026 net sales of $62.2 million, up 7% year over year, with net earnings of $13.3 million and diluted EPS of $1.39 versus $0.24 in Q2 2025. Earnings from operations jumped to $17.0 million from $3.9 million. The earnings surge was driven largely by $15.3 million in IEEPA tariff refunds recognized after the U.S. Supreme Court invalidated the tariffs in February 2026.
Key figures
- Eps
- 1.39
- Revenue
- 62216000
- Net Income
- 13315000
- Revenue Yoy
- 7%
- Total Assets
- 311075000
- Cash Position
- 93691000
- Gross Margin
- 70.4% of net sales (includes $15.3 million of tariff refunds)
- Retail Net Sales
- $7.0 million, up 4%
- Dividend Per Share
- 0.28
- Effective Tax Rate
- 28.4% vs 51.1% in Q2 2025
- Ieepa Tariffs Paid
- $19.8 million
- Six Month Net Sales
- 130221000
- Wholesale Net Sales
- $48.8 million, up 7%
- Phase1 Refund Claims
- $18.6 million, substantially all approved
- Six Month Diluted Eps
- 2.04
- Six Month Net Earnings
- 19436000
- Phase3 Entries Pending
- $1.2 million
- Incremental Tariff Rate
- 10%, raised to 12.5% on China, Dominican Republic, and Vietnam on July 24
- Earnings From Operations
- $17.0 million vs $3.9 million in Q2 2025
- Tariff Refunds Recognized
- $15.3 million reduction to cost of sales, $3.3 million reduction of inventory, $0.7 million interest income
- Florsheim Australia Net Sales
- $6.4 million, up 10%
Price after filing
1 day: +2.2%7 days: +18.5%30 days: +13.3%
Close on the filing date to close N calendar days later (from $39.56). Historical, not a forecast.
AI analysis
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