Weyco Group, Inc. (WEYS) Reports Q2 EPS of $0.47
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Weyco Reports Second Quarter Sales and Earnings
August 2, 2022 4:06 PM EDTMILWAUKEE, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ: WEYS) (we, our, us and the Company) today announced financial results for the quarter ended June 30, 2022.
Second Quarter 2022
Consolidated net sales were a second-quarter record of $74.4 million, up 29% compared to $57.6 million in the second quarter of 2021. Consolidated gross earnings were 40.0% of net sales compared to 39.4% of net sales in last years second quarter, with gross margins up in both our North American wholesale and retail segments. Earnings from operations rose 25% to $5.7 million, from $4.5 million in the second... More
