US designer and retailer of men's casual, fashion, and dress branded footwear Weyco Group, Inc. has announced its financial results for the quarter ended September 30, 2005.

Net earnings increased 10.3% to $4.82 million, up from $4.37 million during the same quarter in 2004. Net sales for the quarter were $55.2 million compared with $55.8 million in 2004, a decrease of 1%. Net sales in the wholesale division, which include wholesale sales and licensing revenues, were $49.2 million compared with $50.2 million in 2004. Wholesale sales were down 2% from $49.3 million in 2004 to $48.3 million in 2005. Licensing revenues were approximately $900,000 in both 2005 and 2004.

Sales of the company's Nunn Bush brand were up 2% and sales of Stacy Adams were down 10% for the quarter. The Stacy Adams decrease was driven primarily by soft sales in its SAO casual sub brand.  Sales of the company's Florsheim brand were flat. The company's strategic decision to discontinue the FLS product line in the US continued to adversely impact the Florsheim wholesale sales. Sales of the other Florsheim products were up 15%. Retail sales were up 7% in the quarter to $6.0 million, up from $5.6 million in 2004 and same store sales were up 5.5%.

The principal brands sold by Weyco are Florsheim, Nunn Bush, Nunn Bush NXXT, Brass Boot, Stacy Adams and SAO by Stacy Adams. The company also operates a small number of retail stores in the US and Europe.