Weyco Group, Inc. (NASDAQ: WEYS) below -1.11% and ended at $-0.30. The stock’s market capitalization arrived at $266.559M and total traded volume was 2,842 shares. The stock has a 52-week highest price of $39.93 and its 52-week lowest price was called at $25.01. During last trade, its maximum trading price was registered $26.84 and it’s the minimum trading price was noted $26.66.

Weyco Group, Inc. (NASDAQ: WEYS) recently reported financial results for the quarter ended March 31, 2019.

Net sales for the first quarter of 2019 were $74.1M, up 7% contrast to first quarter 2018 net sales of $69.5M. Earnings from operations were $5.1M in the first quarter of 2019, a raise of 44% contrast to $3.6M in the first quarter of 2018. Net earnings attributable to the Company rose 33% to $4.0M in the first quarter of 2019, from $3.0M in last year’s first quarter. Diluted earnings per share were $0.40 per share in the first quarter of 2019, up from $0.29 per share in the first quarter of 2018.

Net sales in the North American wholesale section, which include North American wholesale sales and licensing revenues, were $59.5M in the first quarter of 2019, up 11% contrast to $53.8M in the first quarter of 2018.

Gross earnings for the North American wholesale section were 34.3% of net sales in the first quarter of 2019, contrast to 33.1% of net sales in last year’s first quarter.  Earnings from operations for the wholesale section increased 54% to $5.2M in the first quarter of 2019, from $3.4M in the first quarter of 2018, due mainly to higher sales.

Net sales in the North American retail section, which include sales from the Company’s Florsheim retail stores and its e-commerce businesses in the United States, were $5.6M in the first quarter of 2019, up 13% contrast to $4.9M in last year’s first quarter.

Other net sales, which include the wholesale and retail sales of Florsheim Australia and Florsheim Europe, were $9.1M in the first quarter of 2019, down 16% contrast to $10.8M in the first quarter of 2018.