In This Article:
Weyco Group (NASDAQ:WEYS) Full Year 2024 Results
Key Financial Results
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Revenue: US$290.3m (down 8.7% from FY 2023).
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Net income: US$30.3m (flat on FY 2023).
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Profit margin: 10% (in line with FY 2023).
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EPS: US$3.21 (up from US$3.20 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
The primary driver behind last 12 months revenue was the Wholesale segment contributing a total revenue of US$227.9m (79% of total revenue). Notably, cost of sales worth US$158.8m amounted to 55% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$94.9m (94% of total expenses). Explore how WEYS's revenue and expenses shape its earnings.
Weyco Group shares are down 9.1% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Weyco Group's balance sheet and an in-depth analysis of the company's financial position.
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