Weyco Q4 net sales fall amid tariff impact, reduced shipping volumes

WEYCO

03/03/2026 21:35

Overview

Footwear company's Q4 2025 net sales fell 5% yr/yr amid lower shipping volumes

Diluted EPS for Q4 2025 decreased to $0.91 from $1.04 in Q4 2024

Company's gross margins impacted by tariffs, despite price increases

Outlook

Company prioritizes financial oversight and operational discipline for growth in 2026

U.S. trade policies create near-term gross margin uncertainty

Company has mitigation strategies for tariff-related uncertainties

Result Drivers

LOWER SHIPPING VOLUMES - Co attributed decline in wholesale net sales to reduced shipping volumes, partially offset by price increases

TARIFF IMPACT - Incremental tariffs increased product costs by 19% to 50%, compressing gross margins despite price increases

FLORSHEIM AUSTRALIA GROWTH - Florsheim Australia's sales rose 12% in Q4, driven by growth in both wholesale and retail businesses

Company press release: ID:nGNX3xR3GB

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
$76.80 mln
Q4 EPS
$0.91
Q4 Net Income
$8.70 mln
Q4 Operating income
$10.20 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)