Weyco shares rise; $18.6M tariff refund claim in focus
Weyco Group shares rose to $36.36 late Thursday morning after first-quarter profit increased 10% to $6.1 million, despite flat sales. The company is seeking $18.6 million in tariff refunds, though timing and recovery remain uncertain. Weyco reported $93.9 million in cash and no debt. Volume was light at 3,059 shares.