Weyco Group, Inc. (WEYS) Stock Analysis

Why this analysis is different

• A sector-relative MoonshotScore — five pillars (business quality, financial safety, valuation, growth durability, momentum) re-ranked nightly against the full universe of US-listed common stocks.
• An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
• Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.

Weyco Group, Inc. (WEYS) Consumer Business Overview

Weyco Group, Inc. designs and distributes footwear for men, women, and children, operating through North American wholesale and retail segments. With brands like Florsheim and Stacy Adams, the company serves diverse markets across the United States, Canada, Europe, and Asia, emphasizing mid-priced leather and casual footwear.

What Is the Investment Thesis for WEYS?

Weyco Group presents a stable investment profile within the consumer cyclical sector, supported by a diversified brand portfolio and established distribution channels. The company's consistent profitability, demonstrated by an 8.6% profit margin, and a high dividend yield of 9.06% offer potential returns for investors. However, the company's P/E ratio of 16.0 reflects market expectations of moderate growth. Key growth catalysts include expanding e-commerce presence and leveraging licensing agreements. Potential risks include fluctuating raw material costs and changing consumer preferences in the footwear market. Investors should monitor the company's ability to maintain its gross margin of 43.1% and adapt to evolving market dynamics to sustain long-term value.

Based on FMP financials and quantitative analysis

WEYS Key Highlights

• Market capitalization of $374M indicates a mid-sized player in the footwear industry.
• P/E ratio of 16.0 suggests the company is reasonably valued compared to its earnings.
• Profit margin of 8.6% reflects solid profitability in a competitive market.
• Gross margin of 43.1% demonstrates effective cost management and pricing strategies.
• Dividend yield of 9.06% provides a substantial return to shareholders, indicating financial stability.

Who Are WEYS's Competitors?

WEYS is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are WEYS's Key Strengths?

• Strong brand portfolio with established names.
• Extensive distribution network through wholesale and retail channels.
• Consistent profitability and dividend yield.
• Diversified product offerings across different footwear categories.

What Are WEYS's Weaknesses?

• Reliance on traditional footwear styles may limit growth in trend-driven markets.
• Limited international retail presence compared to larger competitors.
• Vulnerability to fluctuations in raw material costs.
• Dependence on wholesale partners for a significant portion of revenue.

What Could Drive WEYS Stock Higher?

• Launch of new footwear styles and technologies to attract new customers (Q3 2026).
• Expansion of e-commerce channels to increase online sales and market share.
• Strategic licensing agreements to expand into new product categories and markets.
• Geographic expansion in emerging markets with growing disposable incomes.

What Are the Key Risks for WEYS?

• Fluctuations in raw material costs, such as leather and rubber, may impact profitability.
• Changes in consumer preferences and fashion trends may reduce demand for traditional footwear styles.
• Economic downturns may reduce consumer spending on discretionary items.
• Intense competition from established and emerging footwear brands.
• Disruptions in the supply chain may impact production and distribution.

What Are the Growth Opportunities for WEYS?

• Expansion of E-commerce Channels: Weyco Group can capitalize on the growing trend of online shopping by further expanding its e-commerce channels. Investing in a user-friendly online platform and targeted digital marketing campaigns can attract a broader customer base. Timeline: Ongoing.
• Strategic Licensing Agreements: Leveraging licensing agreements with third parties to expand into apparel, accessories, and specialty footwear can drive incremental revenue growth. By partnering with established players in complementary categories, Weyco Group can extend its brand reach and tap into new customer segments. The market for licensed apparel and accessories is substantial, providing a low-risk entry point for Weyco Group. Timeline: Ongoing.
• Geographic Expansion in Asia: Expanding its presence in the Asian market, particularly in countries with growing disposable incomes, represents a significant growth opportunity. Tailoring product offerings to local preferences and establishing strategic partnerships with regional distributors can facilitate market entry. The Asian footwear market is one of the largest and fastest-growing globally, offering substantial potential for Weyco Group. Timeline: 2027-2030.
• Product Innovation and Diversification: Investing in product innovation to develop new footwear styles and technologies can attract new customers and retain existing ones. Diversifying into niche markets, such as sustainable or vegan footwear, can also cater to evolving consumer preferences. The market for innovative and sustainable footwear is growing rapidly, driven by increasing environmental awareness. Timeline: Ongoing.
• Strengthening Retail Presence: While focusing on e-commerce, Weyco Group can also enhance its retail presence by optimizing its existing brick and mortar stores and exploring opportunities to open new locations in strategic markets. Providing a personalized shopping experience and offering exclusive products can drive foot traffic and increase sales. The retail footwear market remains significant, particularly for customers who prefer to try on shoes before buying. Timeline: 2027-2028.

What Opportunities Does WEYS Have?

• Expansion of e-commerce channels to reach a broader customer base.
• Strategic licensing agreements to expand into new product categories.
• Geographic expansion in emerging markets with growing disposable incomes.
• Product innovation to cater to evolving consumer preferences and sustainability trends.

What Threats Does WEYS Face?

• Intense competition from established and emerging footwear brands.
• Changing consumer preferences and fashion trends.
• Economic downturns that may reduce consumer spending on discretionary items.
• Disruptions in the supply chain and increased raw material costs.

What Are WEYS's Competitive Advantages?

• Established Brand Portfolio: Brands like Florsheim, Nunn Bush, and Stacy Adams have strong brand recognition and customer loyalty.
• Extensive Distribution Network: A wide network of wholesale partners and retail stores ensures broad market reach.
• Licensing Agreements: Licensing agreements provide a low-risk way to expand into new product categories and markets.
• Long-standing History: Over a century of experience in the footwear industry provides valuable expertise and relationships.

What Does WEYS Do?

Weyco Group, Inc., originally incorporated in 1906 as Weyenberg Shoe Manufacturing Company, evolved into Weyco Group, Inc. in 1990. Headquartered in Milwaukee, Wisconsin, the company designs and distributes footwear for men, women, and children. It operates through two primary segments: North American Wholesale Operations and North American Retail Operations. Weyco Group offers a wide range of footwear, including mid-priced leather dress shoes and casual footwear made of man-made materials or leather, as well as outdoor boots, shoes, and sandals. These products are marketed under well-known brands such as Florsheim, Nunn Bush, Stacy Adams, BOGS, and Rafters. The company distributes its products wholesale to approximately 10,000 footwear, department, and specialty stores, along with e-commerce retailers. As of December 31, 2021, Weyco Group operated four brick and mortar retail stores in the United States. Additionally, the company leverages licensing agreements with third parties to extend its brand reach into apparel, accessories, and specialty footwear. Weyco Group serves customers in the United States, Canada, Europe, Australia, Asia, and South Africa, establishing a global presence in the footwear market.

What Products and Services Does WEYS Offer?

• Designs footwear for men, women, and children.
• Distributes footwear through wholesale channels.
• Operates retail stores in the United States.
• Markets footwear under brands like Florsheim, Nunn Bush, and Stacy Adams.
• Offers mid-priced leather dress shoes and casual footwear.
• Provides outdoor boots, shoes, and sandals.
• Engages in licensing agreements for branded apparel and accessories.

How Does WEYS Make Money?

• Designs and sources footwear products.
• Sells products through North American Wholesale Operations to retailers.
• Sells products through North American Retail Operations via company-owned stores.
• Generates revenue through licensing agreements for branded products.

What Industry Does WEYS Operate In?

Weyco Group operates in the apparel, footwear, and accessories industry, which is characterized by evolving consumer preferences and intense competition. The global footwear market is projected to grow, driven by increasing demand for athletic and casual footwear. Weyco Group competes with both established brands and emerging players, requiring continuous innovation and effective marketing strategies. The company's focus on mid-priced leather and casual footwear positions it to capture a significant share of the market, while its wholesale and retail operations provide diverse distribution channels. Maintaining brand relevance and adapting to changing fashion trends are crucial for sustained success in this dynamic industry.

Who Are WEYS's Key Customers?

• Footwear retailers and department stores.
• Specialty stores.
• E-commerce retailers.
• Consumers purchasing footwear directly from Weyco Group's retail stores.

Net buyingInsider Activity

Over the past six months, Weyco Group, Inc. insiders filed 16 SEC Form 4 transactions — 11 sales and 5 purchases. On net that is roughly 185K shares acquired (about $154K) — insiders putting money in tends to read as conviction.

F-Score 5/9Financial Health

Weyco Group, Inc.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 7.03 places it in the safe zone, indicating low near-term bankruptcy risk.

ROE 10%Key Financial Metrics

Return on equity for Weyco Group, Inc. stands at 9.6%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 8.0%, showing how much profit it generates from its asset base. WEYS trades at a trailing price-to-earnings ratio of 16.05, below the Consumer Cyclical sector average of ~37x. Its free cash flow yield is 12.7%, a gauge of the cash the business throws off relative to its market value. A current ratio of 8.26 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 6.2%, the inverse of the P/E and a quick read on earnings relative to price.

Weyco Group, Inc. (WEYS) Valuation Context

Valued at $374M, WEYS is classified as a small-cap stock. Relative to its peer group, WEYS's quantitative score of 89/100 is above the peer average of 65/100.

Company Profile

Weyco Group, Inc. operates in the Apparel - Footwear & Accessories industry within the Consumer Cyclical sector. It is headquartered in Glendale, US. The company is led by CEO Thomas W. Florsheim Jr.. WEYS has traded publicly since 1980.

WEYS Financials

WEYS Latest News

WEYS Analyst Consensus

WEYS MoonshotScore

Common Questions About WEYS (Consumer Cyclical)

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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