Weyco Group Q2 EPS $0.50 Up From $0.47 YoY, Sales $67.01M Down From $74.36M YoY
Portfolio Pulse from vinayak@benzinga.com
Weyco Group reported Q2 earnings of $0.50 per share, a 6.38% increase YoY. However, sales decreased by 9.88% to $67.01M compared to the same period last year.
August 04, 2023 | 10:26 am
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Weyco Group's Q2 earnings increased YoY, but sales decreased. This mixed result could lead to uncertain market reactions.
Weyco Group's increased earnings indicate a positive financial performance. However, the decrease in sales could be a concern for investors, potentially leading to mixed market reactions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100