Weyco Group (WEYS) risk factors, FY2024 10-K

Weyco Group's FY2024 10-K, filed Mar 14, 2025, lists 19 risk factors. There is no earlier 10-K to compare against, so the most company-specific risks are listed below.

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Risk factors listed
191 groups
Section length
4k wordsItem 1A

Weyco Group's biggest risks in the FY2024 10-K

  • WEYCO GROUP INC relies entirely on independent foreign manufacturers in China and India without long-term contracts.
  • The company faces heavy risks from ocean freight logistics disruptions and raw material costs.
  • Leadership is concentrated heavily in the Florsheim family.

The risks most specific to Weyco Group

  • We rely on independent foreign sources of production and the availability of leather, rubber and other raw materials; a deterioration in our relationships, or other issues affecting such manufacturers and/or issues with the availability of raw materials could have unfavorable effects on our business

    We purchase all our products from independent foreign manufacturers in China and India without long-term contracts, exposing us to raw material and supplier relationship risks.

  • Government actions and regulations, such as export restrictions, tariffs and other trade protection measures could adversely affect our business

    Export restrictions, tariffs, duties, and foreign regulations could adversely affect our business and foreign sourcing operations.

  • A disruption in our supply chain could adversely affect our profitability

    Our North American inventory relies on ocean freight carriers through west coast ports, exposing us to port congestion, labor issues, and weather disruptions.

  • Loss of the services of our top executives and an inability to effectively manage leadership transitions, could adversely affect the business

    We depend heavily on the footwear industry experience and leadership of Chairman and CEO Thomas W. Florsheim, Jr., and President John W. Florsheim.

  • Changes in fashion trends and consumer preferences could negatively impact the Company

    Rapidly changing fashion trends and consumer preferences affect our footwear sales, as seen when pandemic-related remote work reduced demand for dress-casual shoes.

  • We conduct business globally, which exposes us to the impact of foreign currency fluctuations as well as political, economic and social risks

    Our global operations expose us to foreign currency fluctuations, primarily involving the Australian dollar and the Canadian dollar.

  • Risks related to financing, investment, and pension matters

    The limited public float and trading volume for our Company’s stock may have an adverse impact on the stock price or make it difficult to liquidate

    Our common stock has a limited public float and trading volume because the Florsheim family and company insiders own more than 50% of the shares.

All 19 risk factors

Headings as the filing states them, in filing order.

Other

  1. 01Risk factors related to our operations
  2. 02We rely on independent foreign sources of production and the availability of leather, rubber and other raw materials; a deterioration in our relationships, or other issues affecting such manufacturers and/or issues with the availability of raw materials could have unfavorable effects on our business
  3. 03Government actions and regulations, such as export restrictions, tariffs and other trade protection measures could adversely affect our business
  4. 04A disruption in our supply chain could adversely affect our profitability
  5. 05Loss of the services of our top executives and an inability to effectively manage leadership transitions, could adversely affect the business
  6. 06If we fail to maintain effective internal control procedures over our financial reporting and disclosures, investor confidence may be adversely affected thereby affecting the value of our stock price
  7. 07We may not be able to successfully integrate new brands and businesses
  8. 08Decreases in disposable income and general market volatility in the U.S. and global economy may adversely affect our Company
  9. 09We are subject to risks related to operating in the retail environment that could adversely impact our business
  10. 10We operate in a highly competitive environment, which may result in lower prices and reduced profits
  11. 11Changes in fashion trends and consumer preferences could negatively impact the Company
  12. 12We conduct business globally, which exposes us to the impact of foreign currency fluctuations as well as political, economic and social risks
  13. 13We are dependent on information and communication systems to support our business and e-commerce sales. Significant interruptions could disrupt our business and damage our reputation
  14. 14We are subject to the risk of data loss and security breaches, particularly in our retail segment and our e-commerce businesses
  15. 15The Company could be negatively impacted by stakeholder reactions to our ESG initiatives
  16. 16Future public health emergencies could materially adversely affect our business, financial condition and results of operations

Risks related to financing, investment, and pension matters

  1. 17Volatility and uncertainty in the U.S. and global credit markets could adversely affect our business
  2. 18the collectability of amounts owed to us, and in some cases, causes us to reduce or cease shipments to certain customers who no longer meet our credit requirements
  3. 19The limited public float and trading volume for our Company’s stock may have an adverse impact on the stock price or make it difficult to liquidate

Other Weyco Group 10-Ks

  • FY2025 10-K risk factors
    18 risks1 dropped4 reworded

    The company removed a risk concerning customer collectability and credit defaults. Updates highlight weather risks for BOGS products, fluid tariff regulations following a Supreme Court ruling, and broader causes of system interruptions.

    Filed Mar 13, 2026

About this page

The headings are the filing's own. The one-line readings and the overview are automated and can be wrong: read Item 1A of the 10-K for the exact wording.