Geopolitics Alpha

WEYS: Sales and earnings rose as brands gained traction, but tariff and cost pressures cloud the outlook

Published . Updated .

Key takeaways

  • Q3 sales rose 5% and EPS increased to $1.19, with gross earnings boosted by tariff refunds.
  • Exposed: IGV, XLI, MSFT, CAT, ORCL
  • Market reaction: XLI −1.1% on the day; IGV +0.9% on the day; MSFT +6.8% on the day

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WEYS: Sales and earnings rose as brands gained traction, but tariff and cost pressures cloud the outlook

Q3 sales rose 5% and EPS increased to $1.19, with gross earnings boosted by tariff refunds. Brand strength supported wholesale growth, while tariff uncertainty, inflation, and Australian market weakness remain risks.Based on Weyco Group, Inc. [WEYS] Q3 2026 Audio Transcript —

Directly affected

  • WEYS Weyco Group

    Named in this report.

Indirectly affected

  • XLI Industrial Select Sector SPDR-0.3% 30d

    Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.

  • XRT SPDR S&P Retail ETF

    SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.

  • IGV iShares Expanded Tech-Software ETF+6.5% 6d

    iShares Expanded Tech-Software ETF: it holds software companies. Linked by “cloud” (software) in this story.

  • EWA iShares MSCI Australia ETF-0.0% 30d

    iShares MSCI Australia ETF holds stocks listed in Australia, which this story is about (“australian”).

  • BWX SPDR Bloomberg International Treasury Bond ETF

    SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Australia

  • EFA iShares MSCI EAFE ETF-2.4% 8d

    iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Australia

  • CAT Caterpillar-23.2% 30d

    Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

  • DE Deere-2.9% 30d

    Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
WEYS-3.77%-3.77%base+15.31%after closeafter closeafter close
XLI-1.66%-2.29%base-1.11%after closeafter closeafter close
XRT-2.30%-0.06%base+5.53%after closeafter closeafter close
IGV+8.99%+1.60%base+0.87%after closeafter closeafter close
EWA+1.62%+1.58%base+2.44%after closeafter closeafter close
BWX+0.16%+0.49%base+0.87%after closeafter closeafter close
EFA+0.59%+0.25%base+2.55%after closeafter closeafter close
CAT+14.53%-0.17%base-5.22%after closeafter closeafter close
DE-3.81%+1.40%base+1.42%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

WEYS: Sales and earnings rose as brands gained traction, but tariff and cost pressures cloud the outlook TradingView

Source: TradingView

Price since this story was published: Ishares Tr (IGV)

CompanyWhenMoveStatus
BWXthat day+0.87%final price
BWXthree days earlier+0.49%final price
BWXfive days earlier+0.16%final price
Caterpillar (CAT)that day-5.22%final price
Caterpillar (CAT)three days earlier-0.17%final price
Caterpillar (CAT)five days earlier+14.53%final price
Deere (DE)that day+1.42%final price
Deere (DE)three days earlier+1.40%final price
Deere (DE)five days earlier-3.81%final price
EFAthat day+2.55%final price
EFAthree days earlier+0.25%final price
EFAfive days earlier+0.59%final price
EWAthat day+2.44%final price
EWAthree days earlier+1.58%final price
EWAfive days earlier+1.62%final price
Ishares Tr (IGV)that day+0.87%final price
Ishares Tr (IGV)three days earlier+1.60%final price
Ishares Tr (IGV)five days earlier+8.99%final price
WEYSthat day+15.31%final price
WEYSthree days earlier-3.77%final price
WEYSfive days earlier-3.77%final price
Select Sector Spdr Tr (XLI)that day-1.11%final price
Select Sector Spdr Tr (XLI)three days earlier-2.29%final price
Select Sector Spdr Tr (XLI)five days earlier-1.66%final price
XRTthat day+5.53%final price
XRTthree days earlier-0.06%final price
XRTfive days earlier-2.30%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Ishares Tr (IGV)

Companies mentioned with this story

  • IGV Ishares Tr

    For “WEYS: Sales and earnings rose as brands gained traction, but tariff and cost pressures cloud the outlook,” Ishares Tr (IGV) is linked, with no stored direction, medium confidence. Reason on file: iShares Expanded Tech-Software ETF: it holds software companies. Linked by “cloud” (software) in this story

  • XLI Select Sector Spdr Tr

    For “WEYS: Sales and earnings rose as brands gained traction, but tariff and cost pressures cloud the outlook,” Select Sector Spdr Tr (XLI) is linked, with no stored direction, medium confidence. Reason on file: Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story

  • MSFT Microsoft

    For “WEYS: Sales and earnings rose as brands gained traction, but tariff and cost pressures cloud the outlook,” Microsoft (MSFT) is linked, with no stored direction, medium confidence. Reason on file: Microsoft (prepackaged software): software firms move with business tech spending. Linked by “cloud” (software) in this story

  • CAT Caterpillar

    In “WEYS: Sales and earnings rose as brands gained traction, but tariff and cost pressures cloud the outlook,” Caterpillar (CAT) is linked, with no stored direction, medium confidence. Reason on file: Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story

  • ORCL Oracle

    Oracle (ORCL) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “WEYS: Sales and earnings rose as brands gained traction, but tariff and cost pressures cloud the outlook.” Reason on file: Oracle (prepackaged software): software firms move with business tech spending. Linked by “cloud” (software) in this story

  • DE Deere

    For “WEYS: Sales and earnings rose as brands gained traction, but tariff and cost pressures cloud the outlook,” Deere (DE) is linked, with no stored direction, medium confidence. Reason on file: Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story

  • WMT Walmart

    Walmart (WMT) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “WEYS: Sales and earnings rose as brands gained traction, but tariff and cost pressures cloud the outlook.” Reason on file: Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story

  • CRM Salesforce

    For “WEYS: Sales and earnings rose as brands gained traction, but tariff and cost pressures cloud the outlook,” Salesforce (CRM) is linked, with no stored direction, medium confidence. Reason on file: Salesforce (prepackaged software): software firms move with business tech spending. Linked by “cloud” (software) in this story

Ishares Tr (IGV)

On 4 Nov 2026, “WEYS: Sales and earnings rose as brands gained traction, but tariff and cost pressures cloud the outlook” is the story that connects Ishares Tr (IGV) to this story.

The link for Ishares Tr (IGV) is this: iShares Expanded Tech-Software ETF: it holds software companies. Linked by “cloud” (software) in this story

A second company, Select Sector Spdr Tr (XLI), is listed for a different reason: Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story

The price range for Ishares Tr (IGV), and the dates in the story

IGV traded between 108.83 and 112.61 across 4 sessions. The latest close on file is 112.59. MSFT traded between 505.00 and 551.08 across 20 sessions. The latest close on file is 520.81. XLI traded between 163.00 and 172.33 across 20 sessions. The latest close on file is 169.73.

A simple score for Ishares Tr (IGV)

46 out of 100

“WEYS: Sales and earnings rose as brands gained traction, but tariff and cost pressures cloud the outlook” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.