Thomas Florsheim

“Overall company wholesale sales were down 2% in dollars and 7% in unit volume during the third quarter. We raised prices by 10% on July 1 to offset tariff increases.”

“It was a challenging quarter as our North American wholesale business experienced a 20% decline compared to the record sales in the first quarter of 2023.”

“We are extremely pleased with our results from the first quarter, both from a sales and earnings perspective. In a difficult retail environment, we were able to achieve increases across multiple segments of our business while keeping our expenses in check resulting in a record bottom line.”

“We are very pleased with our fourth quarter results, which capped off a record year in both sales and earnings. Our entire Weyco team worked extremely hard throughout 2022 to navigate supply chain issues and challenging market conditions, and we are proud of this accomplishment.”