WEYCO GROUP INC
For the period ended Dec 31, 2023. Filed Mar 14, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 14, 2024
WEYS$60.76+0.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Earnings
| | | | | | | |
|---|---|---|---|---|---|---|
| | | | | | | |
| · 2023 · 2022 | ||||||
| | | (In thousands, except per share amounts) | ||||
| | | | | | | |
| Net sales | | $318,048 | | $351,737 | ||
| Cost of sales | | 175,165 | | 207,344 | ||
| Gross earnings | | 142,883 | | 144,393 | ||
| | | | | | | |
| Selling and administrative expenses | | 101,859 | | 104,028 | ||
| Earnings from operations | | 41,024 | | 40,365 | ||
| | | | | | | |
| Interest and dividend income | | 1,107 | | 361 | ||
| Interest expense | | (529) | | (710) | ||
| Other expense, net | | (738) | | (277) | ||
| | | | | | | |
| Earnings before provision for income taxes | | 40,864 | | 39,739 | ||
| | | | | | | |
| Provision for income taxes | | 10,676 | | 10,199 | ||
| | | | | | | |
| Net earnings | | $30,188 | | $29,540 | ||
| | | | | | | |
| | | | | | | |
| Basic earnings per share | | $3.19 | | $3.09 | ||
| Diluted earnings per share | | $3.17 | | $3.07 | ||
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