Earnings Call Summary | Weyco(WEYS.US) Q1 2024 Earnings Conference
Earnings Call Summary | Weyco(WEYS.US) Q1 2024 Earnings Conference
The following is a summary of the WEYCO Group, Inc. (WEYS) Q1 2024 Earnings Call Transcript:
以下是WEYCO集團公司（WEYS）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Weyco Group reported Q1 net sales of $71.6 million, a decrease of 17% compared to the previous year.
Consolidated gross earnings rose to 44.7% of net sales, up from 43.1% in the preceding year.
Earnings from operations decreased 21% to $8.3 million, down from $10.4 million in Q1 2023.
Net earnings were reported at $6.7 million or $0.69 per share, down from the previous year's Q1 earnings of $7.4 million or $0.78 per share.
Weyco集團報告稱，第一季度淨銷售額爲7,160萬美元，與去年同期相比下降了17％。
合併總收益佔淨銷售額的44.7％，高於上一年的43.1％。
運營收益從2023年第一季度的1,040萬美元下降了21％，至830萬美元。
淨收益爲670萬美元，合每股收益0.69美元，低於去年第一季度的740萬美元或每股收益0.78美元。
Business Progress:
業務進展：
North American wholesale sales fell by 20% to $56.2 million, with a significant 48% decline seen in the BOGS line.
However, North American retail segment experienced a 10% increase in sales, setting a new record at $9.8 million.
Weyco Group's cash and marketable securities totaled to $84.7 million, with $14.3 million of cash generated from operations and no outstanding debt.
Amidst declining sales, the company plans to focus on expense management and growth opportunities in overseas markets.
北美的批發銷售額下降了20％，至5,620萬美元，其中BOGS系列大幅下降了48％。
但是，北美零售板塊的銷售額增長了10％，創下了980萬美元的新紀錄。
Weyco集團的現金和有價證券總額爲8,470萬美元，運營產生的現金爲1,430萬美元，沒有未償債務。
在銷售額下降的情況下，該公司計劃將重點放在海外市場的費用管理和增長機會上。
More details: Weyco IR
更多詳情： Weyco IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。