-0.35%
-2.64%
8.62%
5.03%
13.86%
56.24%
61.41%
AI Spotlight on WEYS
Company Description
Weyco Group, Inc.designs and distributes footwear for men, women, and children.It operates through two segments, North American Wholesale Operations and North American Retail Operations.
The company offers mid-priced leather dress shoes and casual footwear of man-made materials or leather; and outdoor boots, shoes, and sandals under the Florsheim, Nunn Bush, Stacy Adams, BOGS, and Rafters brand names.It is also involved in the wholesale of its products to approximately 10,000 footwear, department, and specialty stores, as well as e-commerce retailers.As of December 31, 2021, the company had four brick and mortar retail stores in the United States.
In addition, it has licensing agreements with third parties, who sell its branded apparel, accessories, and specialty footwear.It serves in the United States, Canada, Europe, Australia, Asia, and South Africa.The company was formerly known as Weyenberg Shoe Manufacturing Company and changed its name to Weyco Group, Inc.
in April 1990.Weyco Group, Inc.was incorporated in 1906 and is based in Milwaukee, Wisconsin.
Market Data
| Last Price | 36.56 |
| Change Percentage | -0.35% |
| Open | 37.25 |
| Previous Close | 36.69 |
| Market Cap ( Millions) | 349 |
| Volume | 4433 |
| Year High | 41.05 |
| Year Low | 27.05 |
| M A 50 | 35.89 |
| M A 200 | 32.92 |
Financial Ratios
| FCF Yield | 14.69% |
| Dividend Yield | 8.29% |
| ROE | 11.52% |
| Debt / Equity | 4.76% |
| Net Debt / EBIDTA | -151.00% |
| Price To Book | 1.34 |
| Price Earnings Ratio | 11.96 |
| Price To FCF | 6.81 |
| Price To sales | 1.2 |
| EV / EBITDA | 6.85 |
News
- Jan -24 - WEYCO Group, Inc. Fourth Quarter and Full Year 2024 Earnings Conference Call
- Nov -07 - Weyco: Dividend Rally Was Not Driven By Fundamentals, Stock Now A Hold
- Nov -06 - Weyco Group, Inc. (WEYS) Q3 2024 Earnings Call Transcript
- Nov -06 - Weyco's Q3 Earnings Fall Y/Y, Suffer From Reduced Consumer Demand
- Nov -05 - Weyco Group, Inc. Declares Special Cash Dividend
- Nov -05 - Weyco Reports Third Quarter 2024 Sales and Earnings; Declares Special Cash Dividend of $2.00 Per Share
- Oct -11 - WEYCO Group, Inc. Third Quarter 2024 Earnings Conference Call
- Oct -03 - Weyco: New Athleisure Styles, Connection With Retailers, And Cheap
- Sep -10 - Weyco's Q2 2024 Shows Sequential Improvement. The Stock Is Attractive Into H2 2024
- Aug -07 - Weyco's (WEYS) Q2 Earnings Rise Y/Y Despite a Dip in Sales
- Jul -09 - WEYCO Group, Inc. Second Quarter 2024 Earnings Conference Call
- Jul -05 - Weyco Group Could Benefit From A Retailer Restocking; Market Is Overly Pessimistic, But Stock Is A Buy
- Jun -07 - Zacks Initiates Coverage of Weyco With Neutral Recommendation
- May -11 - WEYCO Group, Inc. (WEYS) Q1 2024 Earnings Call Transcript
- Apr -08 - WEYCO Group, Inc. First Quarter 2024 Earnings Conference Call
- Mar -25 - Weyco Group Needs Some More Time To Play Out
- Mar -06 - Weyco Group, Inc. (WEYS) Q4 2023 Earnings Call Transcript
- Mar -05 - Weyco Reports Fourth Quarter and Full Year 2023 Results
- Jan -22 - WEYCO Group, Inc. Fourth Quarter and Full Year 2023 Earnings Conference Call
- Nov -08 - Weyco Group, Inc. (WEYS) Q3 2023 Earnings Call Transcript
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Wholesale
Expected Growth : 4.5 %
What the company do ?
Wholesale from Weyco Group, Inc. refers to the business segment that distributes footwear and accessories to retailers and other wholesalers.
Why we expect these perspectives ?
The wholesale segment of Weyco Group, Inc. is expected to grow driven by increasing demand for footwear and accessories, expansion of online retail channels, and strategic partnerships with retailers.
Segment n°2 -> Retail
Expected Growth : 4.5 %
What the company do ?
Weyco Group's Retail segment operates as a distributor of footwear and accessories, offering a range of brands including Florsheim, Nunn Bush, and Rafters.
Why we expect these perspectives ?
Growing demand for comfort footwear, increasing popularity of online shopping, and expanding distribution channels are expected to drive Weyco's Retail segment growth.
Segment n°3 -> Other
Expected Growth : 4.5 %
What the company do ?
The 'Other' segment from Weyco Group, Inc. includes the operations of North American comfort footwear brands, such as Umi and Rafters, and other non-core businesses.
Why we expect these perspectives ?
The 'Other' segment, comprising comfort footwear brands like Umi and Rafters, is expected to grow steadily driven by increasing demand for comfortable and casual footwear, expanding online sales channels, and strategic marketing initiatives.
Weyco Group, Inc. Products
| Product Range | What is it ? |
|---|---|
| Florsheim | Men's dress and casual footwear |
| Nunn Bush | Men's dress and casual footwear |
| Stacy Adams | Men's dress and casual footwear |
| Dr. Martens | Casual footwear for men, women, and kids |
| BOGS | Outdoor footwear for men, women, and kids |
| Rafters | Outdoor footwear for men and women |
Weyco Group, Inc.'s Porter Forces
Threat Of Substitutes
Weyco Group, Inc. operates in a niche market with limited substitutes, but the threat of substitutes is still present due to the availability of alternative products.
Bargaining Power Of Customers
Weyco Group, Inc. has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's products are often customized, making it difficult for customers to switch to alternative suppliers.
Bargaining Power Of Suppliers
Weyco Group, Inc. relies on a few key suppliers for raw materials, which gives them some bargaining power. However, the company's long-term relationships with suppliers and its ability to negotiate prices mitigate this risk.
Threat Of New Entrants
The footwear industry has high barriers to entry, including significant capital requirements and the need for specialized expertise. This makes it difficult for new entrants to compete with established players like Weyco Group, Inc.
Intensity Of Rivalry
The footwear industry is highly competitive, with many established players competing for market share. Weyco Group, Inc. faces intense competition from other manufacturers, which can lead to pricing pressure and reduced profit margins.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 5.24% |
| Debt Cost | 5.30% |
| Equity Weight | 94.76% |
| Equity Cost | 8.04% |
| WACC | 7.90% |
| Leverage | 5.53% |
Weyco Group, Inc. : Quality Control
Weyco Group, Inc. passed 8 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CAL | Caleres, Inc. engages in the retail and wholesale of footwear in the United States, Canada, China, and Guam. It operates through Famous Footwear and Brand Portfolio segments. The company offers … |
| RCKY | Rocky Brands, Inc. designs, manufactures, and markets footwear and apparel under the Rocky, Georgia Boot, Durango, Lehigh, Muck, XTRATUF, Servus, NEOS, Ranger, and licensed Michelin brand names in the United … |
| ETD | Ethan Allen Interiors Inc. operates as an interior design company, and manufacturer and retailer of home furnishings in the United States, Mexico, Honduras, and Canada. The company operates in two … |
| BKE | The Buckle, Inc. operates as a retailer of casual apparel, footwear, and accessories for young men and women in the United States. It markets a selection of brand name casual … |
| VRA | Vera Bradley, Inc., together with its subsidiaries, designs, manufactures, and sells women's handbags, luggage and travel items, fashion and home accessories, and gifts. It operates through three segments: Vera Bradley … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Buckle
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Ethan Allen
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Weyco
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Rocky Brands
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Caleres
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