Weyco Group reports increased sales in fourth quarter

Special to The Freeman

March 3, 2015

MILWAUKEE —Quality footwear creator Weyco Group, Inc. reported a strong end to 2014 with the fourth quarter seeing an increase of sales of 21 percent compared to the same period in 2013.

According to the announcement, net sales for the fourth quarter of 2014 were $95.3 million, a sizeable increase compared to $78.5 million during the fourth quarter of 2013. Earnings from operations were $13.4 million in the fourth quarter of 2014, up 24 percent as compared to $10.8 million in 2013.

“We are excited about the growth of our BOGS brand this year, which was fueled by the growing popularity of the brand in both the U.S. and Canada,” said Thomas W. Florsheim Jr., chairman and CEO, in a statement. “We are also encouraged by the positive momentum our legacy brands enjoyed during the second half of the year. As we embark on 2015, we feel our brands are well-positioned in their respective markets for future growth.”

Weyco Group, Inc., designs and markets quality footwear for men, women and children under a portfolio of well-recognized brand names including Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters and Umi.

www.weycogroup.com