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Weyco posts 4Q profit

GLENDALE, Wis. (AP) _ Weyco Group Inc. (WEYS) on Wednesday reported fourth-quarter profit of $8.2 million.

The Glendale, Wisconsin-based company said it had net income of 78 cents per share. Earnings, adjusted for non-recurring gains, were 58 cents per share.

The footwear distributor posted revenue of $82.1 million in the period.

For the year, the company reported profit of $16.5 million, or $1.56 per share. Revenue was reported as $296.9 million.

Weyco shares have fallen 13 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $27.22, an increase of 6 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WEYS at https://www.zacks.com/ap/WEYS


Keywords: Weyco Group, Earnings Report