Weyco Group reported second-quarter 2026 earnings per share of $1.39, up from 24 cents a year earlier, driven largely by tariff refunds and wholesale growth. Net sales rose 7% to $62.2 million, while net earnings jumped to $13.3 million from $2.3 million. The company recognized $15.3 million in tariff refunds as a reduction to cost of sales after the U.S. Supreme Court invalidated certain tariffs, with another $1.2 million in potential refunds still uncertain. North American wholesale sales increased 7% to $48.8 million, led by a 12% gain in Florsheim and a 10% rise in BOGS. Management expects a strong second half, with inventory projected to reach about $70 million by year-end amid tariff uncertainty.
Weyco Group IncQ2 EPS surged to $1.39 from $0.24 on tariff refunds and wholesale growth.
