Analyst Summary: Weyco Group, Inc. (NASDAQ: WEYS) announced its financial results for Q4 and full year ended December 31, 2022. Consolidated net sales for Q4 were $99.0 million, a 2% decline from $101.4 million in Q4 2021, whereas consolidated gross earnings increased to 46.6% of net sales in Q4 due to higher gross margins in its North American wholesale segment. Quarterly operating earnings increased by 18% compared to Q4 2021, and the net earnings were $10.2 million, or $1.06 per diluted share, compared to $10.3 million, or $1.07 per diluted share, last year. For the full-year 2022, the consolidated net sales reached a record $351.7 million, a 31% increase compared to $267.6 million in 2021. Both the North American Wholesale and North American Retail segments reported sales growth in 2022. International sales declined due to COVID-19 lockdowns. The company witnessed improved financial results despite supply chain disruptions and higher costs. The management expressed confidence in the company's ability to continue delivering robust financial performance in the upcoming months.