Weyco Group Is Navigating Into A Tariff Storm, And The Outcome Is Uncertain
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Weyco Group, Inc. faces mixed 4Q24 earnings with Florsheim stabilizing sales, but BOGS and legacy brands struggle. Tariffs on Chinese imports could increase costs by 20pp, impacting gross margins and adding uncertainty for 2025. A Hold rating is maintained due to these risks.

March 06, 2025 | 5:00 pm
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Weyco Group's 4Q24 earnings reveal mixed results with Florsheim stabilizing sales, but BOGS and legacy brands face challenges. Tariffs on Chinese imports could increase costs by 20pp, impacting gross margins and adding uncertainty for 2025. A Hold rating is maintained.
The mixed earnings report, with Florsheim stabilizing sales but BOGS and legacy brands struggling, indicates operational challenges. The potential 20pp increase in costs due to tariffs on Chinese imports could significantly impact Weyco's gross margins, adding uncertainty for 2025. These factors justify the Hold rating and suggest a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100