Weyco Group
WEYS on Nasdaq. Weyco Group sells shoes and boots to men, women, and children. Market value $479m.
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
Why it could be worth it
What to watch out for
Nothing big in our quick check. See what could go wrong below.
This is not advice. Check the numbers below.
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.
The filings do not give us enough to work this out.
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
| Revenue | |||||
| Revenue | $268m | $352m | $318m | $290m | $276m |
| Operating margin | |||||
| Operating margin | 9.6% | 11.5% | 12.9% | 12.6% | 10.6% |
| Debt to equity | |||||
| Debt to equity | n/a | n/a | n/a | n/a | n/a |
| Shares outstanding | |||||
| Shares outstanding | 0.01bn | 0.01bn | 0.01bn | 0.01bn | 0.01bn |
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.
| Quarter to | Amount |
|---|---|
| September 2024 | $74m |
| December 2024 | $80m |
| March 2025 | $68m |
| June 2025 | $58m |
| September 2025 | $73m |
| December 2025 | $77m |
| March 2026 | $68m |
| June 2026 | $62m |
| Quarter to | Amount |
|---|---|
| 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.
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 JudyVP/CFOSold
- Date
- 14 September 2026
- Shares
- 1,555
- Price
- $44.00
- Value
- $68,420
- Combs DustinVP, PRESIDENT - BOGS & RAFTERSSold
- Date
- 11 September 2026
- Shares
- 308
- Price
- $44.36
- Value
- $13,663
- Combs DustinVP, PRESIDENT - BOGS & RAFTERSSold
- Date
- 10 September 2026
- Shares
- 290
- Price
- $44.17
- Value
- $12,809
- Chang Tina MDirectorSold
- Date
- 2 September 2026
- Shares
- 3,000
- Price
- $45.07
- Value
- $135,210
- Combs DustinVP, PRESIDENT - BOGS & RAFTERSSold
- Date
- 27 August 2026
- Shares
- 1,096
- Price
- $44.64
- Value
- $48,925
- Douglass Jeffrey SVP, MARKETINGSold
- Date
- 12 August 2026
- Shares
- 100
- Price
- $46.99
- Value
- $4,699
- Douglass Jeffrey SVP, MARKETINGSold
- Date
- 11 August 2026
- Shares
- 200
- Price
- $46.94
- Value
- $9,388
- Walton DamianPRESIDENT-FLORSHEIM AUSTRALIASold
- Date
- 7 August 2026
- Shares
- 1,100
- Price
- $43.00
- Value
- $47,300
- Schiff KevinVP, PRESIDENT - FLORSHEIMSold
- Date
- 7 August 2026
- Shares
- 1,191
- Price
- $45.32
- Value
- $53,978
- Woss AllisonVP - SUPPLY CHAINSold
- Date
- 7 August 2026
- Shares
- 2,511
- Price
- $43.63
- Value
- $109,560
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 14 September 2026 | Anderson Judy VP/CFO | Sold | 1,555 | $44.00 | $68,420 |
| 11 September 2026 | Combs Dustin VP, PRESIDENT - BOGS & RAFTERS | Sold | 308 | $44.36 | $13,663 |
| 10 September 2026 | Combs Dustin VP, PRESIDENT - BOGS & RAFTERS | Sold | 290 | $44.17 | $12,809 |
| 2 September 2026 | Chang Tina M Director | Sold | 3,000 | $45.07 | $135,210 |
| 27 August 2026 | Combs Dustin VP, PRESIDENT - BOGS & RAFTERS | Sold | 1,096 | $44.64 | $48,925 |
| 12 August 2026 | Douglass Jeffrey S VP, MARKETING | Sold | 100 | $46.99 | $4,699 |
| 11 August 2026 | Douglass Jeffrey S VP, MARKETING | Sold | 200 | $46.94 | $9,388 |
| 7 August 2026 | Walton Damian PRESIDENT-FLORSHEIM AUSTRALIA | Sold | 1,100 | $43.00 | $47,300 |
| 7 August 2026 | Schiff Kevin VP, PRESIDENT - FLORSHEIM | Sold | 1,191 | $45.32 | $53,978 |
| 7 August 2026 | Woss Allison VP - SUPPLY CHAIN | Sold | 2,511 | $43.63 | $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 knowingThe 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 happenIn 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
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
Your first deep dive is free.
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.