| Business Summary | | Weyco
Group,
Inc.
is
engaged
in
the
manufacture,
purchase
and
distribution
of
men's
footwear.
The
principal
brands
of
shoes
sold
are
Nunn
Bush,
Nunn
Bush
NXXT,
Brass
Boot,
Stacy
Adams,
and
SAO
by
Stacy
Adams.
The
Company's
products
consist
of
both
mid-priced
quality
leather
dress
shoes,
which
would
be
worn
as
a
part
of
more
formal
and
traditional
attire
and
lower
priced
quality
casual
footwear
of
man-made
materials
or
leather,
which
would
be
appropriate
for
leisure
or
less
formal
occasions.
The
Company's
footwear
is
available
in
a
broad
range
of
sizes
and
widths,
primarily
produced
or
purchased
to
meet
the
needs
and
desires
of
the
American
male
population.
The
Company's
business
is
separated
into
two
divisions:
the
wholesale
division
and
retail
division. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Weyco
Group,
Inc.
is
engaged
in
the
manufacture,
purchase,
and
distribution
of
men's
footwear
under
the
brand
names
Nunn
Bush,
Brass
Boot
and
Stacey
Adams.
For
the
six
months
ended
6/30/01,
net
sales
fell
16%
to
$66.9
million.
Net
income
fell
26%
to
$4
million.
Revenues
reflect
lower
wholesale
sales
due
to
a
decrease
in
pairs
shipped,
and
a
difficult
retail
environment.
Earnings
also
reflect
lower
gross
margins
due
to
changes
in
the
mix
of
products
sold. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Thomas Florsheim, 70 Chairman | $250K | $175K | Thomas Florsheim, Jr., 43 Pres,
CEO | 415K | 175K | John Wittkoeske, 41 CFO,
VP, Sec. | -- | -- | John Florsheim, 37 COO,
Exec. VP, Assistant Sec., Director | 315K | 175K | David Couper, 52 VP | -- | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|