Weyco Group, Inc. - Common Stock (WEYS)
Frequently Asked Questions About Weyco Group, Inc. - Common Stock (WEYS)
Does Weyco Group, Inc. offer direct-to-consumer sales?
Yes, Weyco Group, Inc. has developed its direct-to-consumer sales channels, particularly through e-commerce platforms. This allows the company to reach customers directly, enhancing brand engagement and providing valuable data to better understand consumer behavior.
How does Weyco Group, Inc. engage with its community?
Weyco Group, Inc. actively engages with its community through various philanthropic endeavors and local initiatives. The company often participates in charitable events and supports local organizations, demonstrating its commitment to corporate social responsibility and community involvement.
How does Weyco Group, Inc. innovate its products?
Weyco Group, Inc. embraces innovation by incorporating advanced technologies in its product designs and manufacturing processes. This includes focusing on comfort, durability, and sustainability with new materials and production techniques to enhance the overall consumer experience.
How does Weyco Group, Inc. manage its supply chain?
Weyco Group, Inc. manages its supply chain through strategic partnerships with manufacturers and suppliers, ensuring efficiency and quality control throughout the production process. By establishing strong relationships and utilizing technology, the company is able to navigate challenges and maintain reliable product availability.
How has Weyco Group, Inc. performed financially?
Weyco Group, Inc. has shown steady financial performance over the years, with consistent revenues bolstered by its established brand portfolio. The company reports its financials regularly, providing insights into its operational efficiency and growth strategies, essential for investor confidence.
Is Weyco Group, Inc. publicly traded?
Yes, Weyco Group, Inc. is a publicly traded company listed on the Nasdaq Stock Exchange under the ticker symbol 'WEYS'. Being publicly traded allows the company to raise capital by selling shares to investors and provides greater visibility and accountability in its operations.
What are the key financial metrics for Weyco Group, Inc.?
Key financial metrics for Weyco Group, Inc. include revenue, net income, operating margins, and earnings per share (EPS). These metrics provide insight into the company's financial health and performance over time, allowing stakeholders to gauge its operational effectiveness and profitability.
What are the primary markets for Weyco Group, Inc.?
Weyco Group, Inc. primarily operates in the United States, which constitutes the largest portion of its sales. Additionally, the company has expanded its reach into international markets, tapping into opportunities in Canada, Europe, and other regions, thereby diversifying its revenue sources.
What are Weyco Group, Inc.'s growth strategies?
Weyco Group, Inc. focuses on several growth strategies, including expanding its brand portfolio, enhancing its e-commerce capabilities, and exploring international markets. Strategic partnerships and acquisitions also play a role in driving growth and increasing market share.
What brands does Weyco Group, Inc. own?
Weyco Group, Inc. owns several well-known brands that cater to various segments of the footwear market. These include Weyco, Nunn Bush, Stacy Adams, and Bogs, each targeting different demographics and styles to meet customer preferences in both casual and formal footwear.
What challenges does Weyco Group, Inc. face?
Weyco Group, Inc. faces various challenges such as intense competition in the footwear industry, fluctuations in consumer demand, and supply chain disruptions. Additionally, the company must navigate changing trends and preferences, adapting its offerings to align with market developments.
What does Weyco Group, Inc. do?
Weyco Group, Inc. is engaged in the wholesale distribution and retail sale of footwear. The company designs, sources, and markets its products primarily under well-known brand names such as Weyco, Nunn Bush, Stacy Adams, and Bogs. Its operations are primarily based in the United States, but the company also has a presence in certain international markets.
What is the company's approach to sustainability?
Weyco Group, Inc. is committed to sustainability in its operations, including efforts to source materials responsibly, minimize waste, and reduce its carbon footprint. The company continually looks to improve its practices to meet the growing demand for environmentally conscious products and packaging.
What is the target demographic for Weyco Group, Inc. products?
Weyco Group, Inc. targets a broad demographic that includes men, women, and children across various age groups. Each brand under its umbrella caters to specific audiences, from casual to formal wear, ensuring that the company meets diverse consumer needs and preferences.
What is Weyco Group, Inc.'s market share?
Weyco Group, Inc.'s market share varies across different segments of the footwear industry and regions. While it is not one of the largest players, it maintains a respectable presence among its competitors, leveraging its established brands to capture loyal customer segments.
When was Weyco Group, Inc. founded?
Weyco Group, Inc. was founded in 1892, making it over a century old. Since its inception, the company has focused on providing quality footwear solutions, continuously adapting to market demands and consumer preferences while maintaining its legacy as a trusted footwear manufacturer.
Where is Weyco Group, Inc. headquartered?
Weyco Group, Inc. is headquartered in Milwaukee, Wisconsin. The central location provides the company with access to key markets and resources, helping it to efficiently manage its operations and distribution channels.
Who are the key executives of Weyco Group, Inc.?
The executive team at Weyco Group, Inc. includes experienced professionals with diverse backgrounds in finance, marketing, and operations. Key executives typically include the President and CEO, Chief Financial Officer, and Vice Presidents overseeing brand management and operations, among others.
What is the current price of Weyco Group, Inc. - Common Stock?
The current price of Weyco Group, Inc. - Common Stock is 33.07
When was Weyco Group, Inc. - Common Stock last traded?
The last trade of Weyco Group, Inc. - Common Stock was at 12:53 pm EDT on July 10th, 2025
What is the market capitalization of Weyco Group, Inc. - Common Stock?
The market capitalization of Weyco Group, Inc. - Common Stock is 316.13M
How many shares of Weyco Group, Inc. - Common Stock are outstanding?
Weyco Group, Inc. - Common Stock has 9.56M shares outstanding.