Weyco Group, Inc. (NASDAQ:WEYS) Q4 2024 Earnings Conference Call March 5, 2025 11:00 AM ET
Company Participants
Judy Anderson – Chief Financial Officer
Tom Florsheim – Chairman & Chief Executive Officer
Conference Call Participants
David Wright – Henry Investment Trust
John Deysher – Pinnacle
Operator
Thank you for standing by and welcome to the Weyco Group Fourth Quarter and Full Year 2024 Earnings Conference Release Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] As a reminder, today’s program is being recorded.
And now I’d like to introduce your host for today’s program, Judy Anderson, Chief Financial Officer. Please go ahead.
Judy Anderson
Thank you. Good morning and welcome to Weyco Group’s conference call to discuss fourth quarter and full year 2024 results. On this call with me today are Tom Florsheim, Jr., Chairman and Chief Executive Officer; and John Florsheim, President and Chief Operating Officer.
Before we begin to discuss the results for the quarter and year, I will read a brief cautionary statement. During this call, we may make projections or other forward-looking statements regarding our current expectations concerning future events and the future financial performance of the company. We wish to caution you that these statements are just predictions and that actual events or results may differ materially.
We refer you to the section entitled Risk Factors in our most recent annual report on Form 10-K, which provides a discussion of important factors and risks that could cause our actual results to differ materially from our projections. These risk factors are incorporated herein by reference.
Overall net sales for the fourth quarter of 2024 were $80.5 million compared with $80.6 million in the fourth quarter of quarter of 2023. Consolidated gross earnings were 47.9% of net
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