Weyco Group is engaged in one line of business: the design and distribution of footwear. Co.'s business is separated into two reportable segments, the North American wholesale segment (Wholesale) and the North American retail segment (Retail). In the Wholesale segment, Co.'s products are sold to footwear, department, and specialty stores, as well as e-commerce retailers, primarily in the U.S. and Canada. Co. also has licensing agreements with third parties who sell its branded apparel, accessories and specialty footwear in the U.S., as well as its footwear in Mexico and certain markets overseas. Co.'s Retail segment consists of e-commerce businesses and retail stores in the U.S. We show 55 historical shares outstanding datapoints in our WEYS shares outstanding history coverage, used to compute WEYS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WEYS market cap history over the course of time is important for investors
interested in comparing WEYS's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of WEYS versus a peer is one thing; comparing
WEYS market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like WEYS can fluctuate over the course of history.
With this page we aim to empower investors researching WEYS by allowing them to research the WEYS market cap history. |
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Video: The Importance of Market Cap
