Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Weyco Reports Fourth Quarter and Full Year 2020 Results
Weyco GroupMarch 9, 2021 GMT
Milwaukee, WI, March 09, 2021 (GLOBE NEWSWIRE) Weyco Group, Inc. (NASDAQ:WEYS) (the “Company”) today announced financial results for the quarter and year ended December 31, 2020.
Fourth Quarter 2020 Net sales were $62.0 million compared to fourth quarter 2019 net sales of $86.9 million. Earnings from operations totaled $7.9 million compared to $11.5 million in the fourth quarter of 2019. Net earnings totaled $5.1 million compared to $8.8 million in last year’s fourth quarter. Diluted earnings per share were $0.52 per share versus $0.90 per share in the fourth quarter of 2019.