Weyco Group

WEYS on Nasdaq. Weyco Group sells shoes and boots to men, women, and children. Market value $479m.

Watch this stockFree. We tell you when something changes.

Price checks use the past 12 months to June 2026. Quality checks use five annual reports, the latest for the year to December 2025.

We can't read total debt from the filing, so debt is left out.

Should I look at this?

Worth a closer look

Read what could go wrong

This is not advice. Check the numbers below.

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Cash yield
past 12 months to June 2026
9.4%high

For every $100 of what the whole company costs, it produced $9.35 of spare cash in the past 12 months. A savings account pays about $4.

Price to profit
past 12 months to June 2026
n/a

The filings do not give us enough to work this out.

Return on capital
five annual reports to December 2025
n/a

The filings do not give us enough to work this out.

Quality score: 71 of 100. Price score: 83 of 100. Our list needs 70 on quality and 60 on price.

$50.96 a share, 87% above its 1-year low

Over the past year the price has ranged from $27.25 to $51.50.

Dividend: 1.6% a year

Paid every year for at least 5 years

Payouts have jumped around in recent years, so this may not repeat.

Prices from Tuesday’s close (6 October).

Five years of cash, in billions

0.0
-0.0
0.1
0.0
0.0
0.0
2021202220232024202512 monthsto Jun '26
Revenue
$268m$352m$318m$290m$276m
Operating margin
9.6%11.5%12.9%12.6%10.6%
Debt to equity
n/an/an/an/an/a
Shares outstanding
0.01bn0.01bn0.01bn0.01bn0.01bn

Health checks

  • Free cash flow positive4 of 5 years
  • Accounting looks honest (Beneish)Not enough data
  • Financial strength (Piotroski)5 of 8 checks we could run
  • Profit backed by cash (accruals)Yes
  • DebtUnknown
  • Revenue growth, five yearsSlow, 7.2% a year
  • Buying back its own sharesRoughly flat

The quarter to June 2026

How the business did, compared with the same quarter a year earlier.

  • Sales: $62 million last quarter, up 7% on a year ago.
  • Profit: $13 million, up 490% on a year ago.
  • It keeps 15 cents of each $1 of sales as operating profit, up from 12 cents a year earlier.
  • Spare cash over the past 12 months: $46 million, up from $33 million.
  • About the same number of shares as a year ago.
  • Sales grew on a year ago in 1 of the last 4 quarters.
Sales by quarter
Sales by quarter
Quarter toAmount
September 2024$74m
December 2024$80m
March 2025$68m
June 2025$58m
September 2025$73m
December 2025$77m
March 2026$68m
June 2026$62m
Profit by quarter
Profit by quarter
Quarter toAmount
September 2024$8m
December 2024$10m
March 2025$6m
June 2025$2m
September 2025$7m
December 2025$9m
March 2026$6m
June 2026$13m

From the company's quarterly reports to the SEC.

Dates

Next results (estimated)
n/a
Last annual report (10-K)
13 March 2026
Next quarterly (estimated, 10-Q)
6 November 2026

Who owns it

None of the long-term investors we follow own it. 85 funds in all.

Jun '25
Dec '25
Jun '26

Sold out this quarter

Largest holders overall

From 13F filings for the quarter ended 30 June 2026.

Big holders and activists

No one has reported a stake above 5% since December 2024.

From Schedule 13D and 13G filings: anyone owning more than 5% must file one.

What insiders did

No insider bought shares on the open market in the last 12 months. 7 sold $685,654.

  • Anderson Judy
    VP/CFO
    Sold
    Date
    14 September 2026
    Shares
    1,555
    Price
    $44.00
    Value
    $68,420
  • Combs Dustin
    VP, PRESIDENT - BOGS & RAFTERS
    Sold
    Date
    11 September 2026
    Shares
    308
    Price
    $44.36
    Value
    $13,663
  • Combs Dustin
    VP, PRESIDENT - BOGS & RAFTERS
    Sold
    Date
    10 September 2026
    Shares
    290
    Price
    $44.17
    Value
    $12,809
  • Chang Tina M
    Director
    Sold
    Date
    2 September 2026
    Shares
    3,000
    Price
    $45.07
    Value
    $135,210
  • Combs Dustin
    VP, PRESIDENT - BOGS & RAFTERS
    Sold
    Date
    27 August 2026
    Shares
    1,096
    Price
    $44.64
    Value
    $48,925
  • Douglass Jeffrey S
    VP, MARKETING
    Sold
    Date
    12 August 2026
    Shares
    100
    Price
    $46.99
    Value
    $4,699
  • Douglass Jeffrey S
    VP, MARKETING
    Sold
    Date
    11 August 2026
    Shares
    200
    Price
    $46.94
    Value
    $9,388
  • Walton Damian
    PRESIDENT-FLORSHEIM AUSTRALIA
    Sold
    Date
    7 August 2026
    Shares
    1,100
    Price
    $43.00
    Value
    $47,300
  • Schiff Kevin
    VP, PRESIDENT - FLORSHEIM
    Sold
    Date
    7 August 2026
    Shares
    1,191
    Price
    $45.32
    Value
    $53,978
  • Woss Allison
    VP - SUPPLY CHAIN
    Sold
    Date
    7 August 2026
    Shares
    2,511
    Price
    $43.63
    Value
    $109,560

From Form 4 filings: insiders must report trades in their own company's shares within two days.

Warning signs in its filings

Problems the company itself reported to the SEC, in its own words.

None of the serious warning signs we check for were found. 1 thing worth knowing.

We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.

We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 13 Mar 2026, plus the 10-Q filed 7 Aug 2026 and 5 later 8-Ks.

  • Changed auditor

    Worth knowing

    The company changed its auditor (the firm that checks its books) in the last two years.

    “On November 5, 2024, the Audit Committee of the Board of Directors of Weyco Group, Inc. (the “Company”) approved the dismissal of Baker Tilly US, LLP ("Baker Tilly") as the Company’s independent registered public accounting firm.”

    From an 8-K filed 5 November 2024: Change of auditor. Read it in the filing

A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.

What could go wrong

Cheap for a reason is the question the numbers cannot answer.

Whether the price already reflects the risks is what the deep dive is for.

What changed in the risks this year

Companies must list what could hurt them each year. These are the parts that changed since last year’s report.

  • Government actions and regulations, such as export restrictions, tariffs and other trade protection measures could adversely affect our business.

    Could happen
    In February 2026, the U.S. Supreme Court ruled that the International Emergency Economic Powers Act (IEEPA) does not authorize the President to impose tariffs and remanded related matters for further proceedings, however, certain other tariffs remain in effect. U.S. trade policies remain fluid and unpredictable. We cannot predict the timing or outcome of any proceedings relating to the incremental tariffs or whether, when or to what extent we will ultimately receive any refunds of amounts previously paid.
    Read more

Read it in the annual report

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from
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What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.