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More on Weyco's Q4 results

Mar. 07, 2018 11:01 AM ETWeyco Group, Inc. (WEYS) StockWEYSBy: Akanksha Bakshi, SA News Editor
  • Weyco Group (WEYS -0.9%) Q4 sales decreased 2% Y/Y to $80.3M. Segment sales Y/Y growth: North American wholesale -0.5% to $61.4M, North America retail -7% to $6.9M and others -8% to $12M.
  • Gross margin improved by 168 bps to 42.24%.
  • SG&A expenses rate declined 40 bps to 29.46%.
  • Q4 operating margin rate was flat at 13%. North America wholesale segment operating margin rate improved 397 bps to 13.52%, North America retail margin rate declined 163 bps to 15.94% and others declined 401 bps to 6.67%.
  • Inventories -13.8% Y/Y to $60.27M.
  • Previously: Weyco reports Q4 results (March 6)
  • Previously: Weyco declares $0.22 dividend (March 7)

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