Weyco Group, Inc. (WEYS) Reports Q3 EPS of $0.48

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Weyco Reports Third Quarter Sales And Earnings

October 27, 2017 4:05 PM EDT

MILWAUKEE, Oct. 27, 2017 /PRNewswire/ -- Weyco Group, Inc. (NASDAQ: WEYS) (the "Company") today announced financial results for the quarter ended September 30, 2017.

Net sales for the third quarter of 2017 were $76.9 million, a decrease of 3% as compared to third quarter 2016 net sales of $79.1 million. Earnings from operations were $7.8 million in both the third quarters of 2017 and 2016. Net earnings attributable to the Company increased 7% to $4.9 million in the third quarter of 2017, up from $4.6 million in last year's third quarter. Diluted earnings per share were $0.48 per share in the third quarter of 2017 and... More