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2011-08-02 15:05:00

MILWAUKEE, Aug. 2, 2011 /PRNewswire/ -- Weyco Group, Inc. (NASDAQ:WEYS) (the "Company") today announced financial results for the quarter ended June 30, 2011. Net sales for the second quarter were $56.6 million, an increase of 16% from 2010 sales of $48.7 million. Operating earnings for the second quarter of 2011 were $2.7 million, compared to $1.7 million in 2010. Net earnings attributable to the Company were $1.9 million, compared to $1.3 million in 2010. Diluted earnings per share...

2011-03-02 15:58:00

MILWAUKEE, March 2, 2011 /PRNewswire/ -- Weyco Group, Inc. (Nasdaq: WEYS) (the "Company") announced today that it has acquired 100% of the outstanding shares of The Combs Company ("Bogs"), the owner of the BOGS and Rafters footwear brands. The purchase price was $29.4 million in cash at closing, plus assumed debt of approximately $3.5 million and contingent payments after two and five years, which are dependent on Bogs achieving certain performance measures. The transaction was funded...


Word of the Day
omadhaun
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.