WEYS Stock Down 7% Despite Q4 Earnings Rising Y/Y
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Weyco's Q4 earnings increased year over year due to lower freight costs, but sales remained flat. The company faces challenges from tariff risks and changing consumer trends, leading to a 7% drop in stock price.
March 10, 2025 | 7:15 pm
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Weyco's Q4 earnings rose due to lower freight costs, but flat sales and challenges from tariffs and consumer trends led to a 7% stock price drop.
Despite the positive impact of lower freight costs on earnings, the flat sales and external challenges such as tariff risks and changing consumer trends have negatively impacted investor sentiment, resulting in a 7% decline in Weyco's stock price.
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