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Footwear firm Weyco's Q2 sales fall 9%, net earnings drop 60%
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Footwear firm Weyco's Q2 sales fall 9%, net earnings drop 60%
Aug 5, 2025 2:44 PM

Overview

* Weyco Q2 2025 net sales fall 9% yr/yr amid economic uncertainty

* Net earnings for Q2 2025 drop 60%, impacted by tariffs and lower sales

* Diluted EPS declines to $0.24 from $0.59 in Q2 2024

Outlook

* Company anticipates continued sales pressure amid economic uncertainty

* Weyco ( WEYS ) expects top-line pressure due to reduced consumer sentiment

Result Drivers

* CONSUMER SPENDING - Slowdown in consumer spending amid economic uncertainty led to decreased sales across major brands

* TARIFF IMPACT - Incremental tariffs on goods from China negatively affected gross margins despite mitigation efforts

* RETAIL DECLINE - Lower consumer demand for footwear resulted in decreased sales in the retail segment

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Sales $58.20

mln

Q2 Net $2.30

Income mln

Q2 $3.90

Operatin mln

g income

Press Release:

(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.)

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