WEYCO GROUP, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $276.2M | $290.3M | $318.0M | $351.7M | $267.6M | $195.4M | $304.0M | $298.4M |
| Cost of Revenue | $156.9M | $158.8M | $175.2M | $207.3M | $160.2M | $116.8M | $180.0M | $178.3M |
| Gross Profit | $119.2M | $131.5M | $142.9M | $144.4M | $107.4M | $78.6M | $124.0M | $120.1M |
| Gross Margin | 43.2% | 45.3% | 44.9% | 41.1% | 40.1% | 40.2% | 40.8% | 40.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $90.1M | $94.9M | $101.9M | $104.0M | $81.7M | $86.2M | $96.9M | $94.6M |
| Operating Income | $29.2M | $36.6M | $41.0M | $40.4M | $25.7M | $-7.6M | $27.0M | $25.5M |
| Operating Margin | 10.6% | 12.6% | 12.9% | 11.5% | 9.6% | -3.9% | 8.9% | 8.5% |
| Interest Expense | — | — | $529.0K | $710.0K | $81.0K | $79.0K | $244.0K | $45.0K |
| Pretax Income | $32.0M | $39.8M | $40.9M | $39.7M | $27.3M | $-7.1M | $27.1M | $25.8M |
| Income Tax Expense | $9.0M | $9.5M | $10.7M | $10.2M | $6.8M | $1.4M | $6.2M | $5.8M |
| Net Income | $23.1M | $30.3M | $30.2M | $29.5M | $20.6M | $-8.5M | $20.9M | $20.5M |
| Net Margin | 8.4% | 10.4% | 9.5% | 8.4% | 7.7% | -4.3% | 6.9% | 6.9% |
| EPS (Basic) | $2.44 | $3.21 | $3.19 | $3.09 | $2.13 | $-0.87 | $2.11 | $2.01 |
| EPS (Diluted) | $2.41 | $3.16 | $3.17 | $3.07 | $2.12 | $-0.87 | $2.10 | $1.97 |
| Shares Outstanding (Basic) | 9.5M | 9.5M | 9.4M | 9.6M | 9.7M | 9.8M | 9.9M | 10.2M |
| Shares Outstanding (Diluted) | 9.6M | 9.6M | 9.5M | 9.6M | 9.7M | 9.8M | 10.0M | 10.4M |
| Dividends Per Share | $3.07 | $3.03 | $0.99 | $0.96 | $0.96 | $0.96 | $0.95 | $0.91 |