Weyco Group Inc 2026年季度报告

FORM10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2026 Or TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________________ to _____________________________ Commission File Number: 000-09068 WEYCO GROUP,INC. (Exact name of registrant as specified in its charter) WISCONSIN39-0702200(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) 333 W. Estabrook BoulevardGlendale, Wisconsin 53212(Address of principal executive offices)(Zip Code)(414) 908-1600(Registrant’s telephone number, including area code) Securities registered pursuant to Section12(b)of the Act: Title of each class Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the SecuritiesExchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant was required to file suchreports), and (2)has been subject to such filing requirements for the past 90days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule405 of Regulation S-T (Section232.405 of this chapter) during the preceding 12months (or for such shorter periodthat the registrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule12b-2 of the Exchange Act. LargeAccelerated Filer☐Accelerated Filer☒Non-Accelerated Filer☐SmallerReporting Company☒Emerging Growth Company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section13(a)of the Exchange Act☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☐No☒ As of April 27, 2026, there were 9,532,202 shares of common stock outstanding. PART I. FINANCIAL INFORMATION Item 1. Financial Statements. The following condensed consolidated balance sheet as of December 31, 2025, which has been derived from auditedfinancial statements, and the unaudited interim condensed consolidated financial statements have been prepared byWeyco Group, Inc. (“we,” “our,” “us,” and the “Company”) pursuant to the rules and regulations of the Securities andExchange Commission. Certain information and footnote disclosures normally included in annual financial statementsprepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant tothose rules and regulations, although we believe that the disclosures made are adequate to make the information notmisleading. Please read these condensed consolidated financial statements in conjunction with the financial statementsand notes thereto included in our latest Annual Report on Form 10-K. WEYCO GROUP,INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS(UNAUDITED) Deferred income tax liabilities13,79613,828Long-term pension liability10,51010,787Operating lease liabilities5,7576,437Other long-term liabilities382410Total liabilities52,61580,099 WEYCO GROUP,INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF EARNINGS(UNAUDITED) Three Months EndedMarch31,20262025(In thousands, except per shareamounts) WEYCO GROUP,INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(UNAUDITED) Three Months Ended March31,20262025(Dollarsinthousands) The accompanying notes to condensed consolidated financial statements (unaudited) are an integral part of thesefinancial statements. WEYCO GROUP,INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(UNAUDITED) NOTES: 1.Financial Statements In the opinion of management, the accompanying unaudited condensed consolidated financial statements containall adjustments necessary to present fairly our financial position, results of operations and cash flows for theperiods presented. All such adjustments are of a normal recurring nature. The results of operations for the threemonths ended March 31, 2026, may not necessarily be indicative of the results for the full year. Use of EstimatesThe preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts ofassets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, andthe reported amounts of revenues and ex