Weyco Group, Inc. (WEYS) Declares $0.21 Quarterly Dividend; 3.2% Yield

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Weyco Reports Third Quarter Sales And Earnings

November 7, 2016 4:05 PM EST

MILWAUKEE, Nov. 7, 2016 /PRNewswire/ -- Weyco Group, Inc. (NASDAQ: WEYS) (the "Company") today announced financial results for the quarter ended September 30, 2016.

Net sales for the third quarter of 2016 were $79.1 million, a decrease of 13% as compared to third quarter 2015 net sales of $91.2 million. Earnings from operations were $7.3 million in the third quarter of 2016, compared to $9.1 million in the third quarter of 2015. Net earnings attributable to the Company were $4.6 million in the third quarter of 2016, compared to $5.5 million in last year's third quarter. Diluted earnings per share were $0.44 per share in the... More