Weyco Group (WEYS) is probably not well known to most investors. But the company sells the well-known men’s shoe brands of Florsheim, Stacy Adams, and Nunn Bush, the BOGS waterproof footwear brand, and Rafters sandals and water shoes. The stock price is down about (20%) since early-May. Much of the pressure on Weyco’s stock price is related to tariffs and the negative outlook for department stores and national shoe chains. Shoes are already one of the most heavily tariffed imports to the U.S. The possibility of additional tariffs on footwear created an overhand for the stock. But recent news has indicated that a trade deal was agreed to in principal although the details are yet to be fully worked out. This is positive news for Weyco as most of the footwear it distributes is manufactured in China. Furthermore, there are three other upside factors including Weyco’s top line is growing again, margins are improving, the dividend is very safe and yielding ~3.7%. This combination makes Weyco a buy.