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BRIEF-Weyco Q4 earnings per share $0.78
March 8, 2017 / 9:33 PM / 8 months ago

BRIEF-Weyco Q4 earnings per share $0.78

March 8 (Reuters) - Weyco Group Inc:

* During Q4, co evaluated current state of Umi business and determined brand did not fit long-term strategic objectives of co

* Company recorded a $1.8 million impairment charge to write off majority of value of Umi trademark in Q4

* Weyco reports fourth quarter and full year 2016 results

* Q4 earnings per share $0.78

* Q4 adjusted earnings per share $0.58 excluding items

* Q4 sales fell 6 percent to $82.1 million Source text for Eikon: Further company coverage:

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