Weyco Group, Inc. filed its quarterly report on Form 10-Q for the period ended June 30, 2026, with the Securities and Exchange Commission on August 7, 2026, disclosing second-quarter and year-to-date financial results including net earnings, a tariff refund receivable, and balance sheet changes.

Key Highlights

  • Q2 net earnings of $13,315 thousand: Net earnings for the three months ended June 30, 2026 were $13,315 thousand, compared to $2,256 thousand in the same period of 2025.
  • Q2 diluted EPS of $1.39: Diluted earnings per share for the second quarter of 2026 were $1.39, versus $0.24 in Q2 2025.
  • Six-month net sales of $130,221 thousand: Net sales for the six months ended June 30, 2026 were $130,221 thousand, up from $126,251 thousand in the prior-year period.
  • Tariff refund receivable of $17,447 thousand: The balance sheet as of June 30, 2026 included a tariff refund receivable of $17,447 thousand, which was not present at December 31, 2025.
  • Total equity increased to $254,795 thousand: Total equity rose to $254,795 thousand at June 30, 2026, from $239,568 thousand at December 31, 2025.
  • Cash dividends declared of $0.28 per share: The company declared cash dividends of $0.28 per share in Q2 2026, compared to $0.27 per share in Q2 2025.
  • 9,550,983 shares outstanding as of July 27, 2026: The filing reported 9,550,983 shares of common stock outstanding as of that date.

Weyco Group Q2 2026: Earnings Jump, Tariff Refund Receivable Appears on Balance Sheet

According to the filing, Weyco Group, Inc. (Nasdaq: WEYS) reported net sales of $62,216 thousand for the three months ended June 30, 2026, compared to $58,221 thousand for the same quarter of 2025. Gross earnings for the second quarter of 2026 were $43,784 thousand, up from $25,223 thousand in Q2 2025. The company reported earnings from operations of $17,020 thousand in the second quarter of 2026, versus $3,893 thousand in the prior-year quarter. Selling and administrative expenses were $26,764 thousand in Q2 2026, compared to $21,330 thousand in Q2 2025.

For the six months ended June 30, 2026, the company reported net earnings of $19,436 thousand and diluted earnings per share of $2.04, compared to net earnings of $7,799 thousand and diluted earnings per share of $0.81 in the first half of 2025. The provision for income taxes for the six-month period was $7,496 thousand in 2026, versus $4,356 thousand in 2025. The filing noted interest income of $2,204 thousand for the six months ended June 30, 2026, compared to $1,419 thousand in the prior-year period.

A notable item on the June 30, 2026 balance sheet, according to the filing, is a tariff refund receivable of $17,447 thousand, which was not present at December 31, 2025. Cash and cash equivalents stood at $93,691 thousand at June 30, 2026, down from $96,006 thousand at December 31, 2025. Inventories declined to $49,069 thousand from $65,887 thousand over the same period. Net cash provided by operating activities for the six months ended June 30, 2026 was $25,176 thousand, compared to $14,357 thousand in the prior-year period. Cash dividends paid during the first half of 2026 were $26,562 thousand, which the filing reflects included a dividend payable of $21,385 thousand that appeared on the December 31, 2025 balance sheet.

What Was Disclosed

Weyco Group filed its Form 10-Q for the quarter ended June 30, 2026, disclosing higher net earnings and net sales compared to the prior-year periods, a new tariff refund receivable of $17,447 thousand, reduced inventories, and increased total equity.