Weyco Group, Inc. (NASDAQ:WEYS) This autumn 2024 Earnings Convention Name March 5, 2025 11:00 AM ET
Firm Individuals
Judy Anderson – Chief Monetary Officer
Tom Florsheim – Chairman & Chief Govt Officer
Convention Name Individuals
David Wright – Henry Funding Belief
John Deysher – Pinnacle
Operator
Thanks for standing by and welcome to the Weyco Group Fourth Quarter and Full 12 months 2024 Earnings Convention Launch Convention Name. Right now, all members are in a listen-only mode. After the audio system’ presentation, there can be a question-and-answer session. [Operator Instructions] As a reminder, immediately’s program is being recorded.
And now I would wish to introduce your host for immediately’s program, Judy Anderson, Chief Monetary Officer. Please go forward.
Judy Anderson
Thanks. Good morning and welcome to Weyco Group’s convention name to debate fourth quarter and full 12 months 2024 outcomes. On this name with me immediately are Tom Florsheim, Jr., Chairman and Chief Govt Officer; and John Florsheim, President and Chief Working Officer.
Earlier than we start to debate the outcomes for the quarter and 12 months, I’ll learn a quick cautionary assertion. Throughout this name, we could make projections or different forward-looking statements relating to our present expectations regarding future occasions and the longer term monetary efficiency of the corporate. We want to warning you that these statements are simply predictions and that precise occasions or outcomes could differ materially.
We refer you to the part entitled Threat Components in our most up-to-date annual report on Type 10-Ok, which offers a dialogue of vital components and dangers that would trigger our precise outcomes to vary materially from our projections. These danger components are included herein by reference.
Total internet gross sales for the fourth quarter of 2024 have been $80.5 million in contrast with $80.6 million within the fourth quarter of quarter of 2023. Consolidated gross earnings have been 47.9% of internet
