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Weyco Group, Inc. (WEYS) This autumn 2024 Earnings Name Transcript

by Index Investing News
March 5, 2025
in Stock Market
Reading Time: 2 mins read
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Weyco Group, Inc. (NASDAQ:WEYS) This autumn 2024 Earnings Conference Identify March 5, 2025 11:00 AM ET

Agency People

Judy Anderson – Chief Financial Officer
Tom Florsheim – Chairman & Chief Govt Officer

Conference Identify People

David Wright – Henry Funding Perception
John Deysher – Pinnacle

Operator

Thanks for standing by and welcome to the Weyco Group Fourth Quarter and Full 12 months 2024 Earnings Conference Launch Conference Identify. Proper now, all members are in a listen-only mode. After the audio system’ presentation, there generally is a question-and-answer session. [Operator Instructions] As a reminder, instantly’s program is being recorded.

And now I’d want to introduce your host for instantly’s program, Judy Anderson, Chief Financial Officer. Please go ahead.

Judy Anderson

Thanks. Good morning and welcome to Weyco Group’s conference title to debate fourth quarter and full 12 months 2024 outcomes. On this title with me instantly are Tom Florsheim, Jr., Chairman and Chief Govt Officer; and John Florsheim, President and Chief Working Officer.

Sooner than we begin to debate the outcomes for the quarter and 12 months, I’ll study a fast cautionary assertion. All through this title, we may make projections or totally different forward-looking statements regarding our current expectations concerning future events and the long term financial effectivity of the company. We wish to warning you that these statements are merely predictions and that exact events or outcomes may differ materially.

We refer you to the half entitled Risk Elements in our newest annual report on Kind 10-Okay, which affords a dialogue of important parts and risks that might set off our exact outcomes to range materially from our projections. These hazard parts are included herein by reference.

Whole web product sales for the fourth quarter of 2024 have been $80.5 million in distinction with $80.6 million throughout the fourth quarter of quarter of 2023. Consolidated gross earnings have been 47.9% of web

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