Wolverine World Wide

Wolverine World Wide, Inc. engages in the design, manufacture, and sale of branded casual, active lifestyle, work, outdoor sport, athletic, uniform, footwear, and apparel. It operates through the following segments: Wolverine Michigan Group and Wolverine Boston Group. The Wolverine Michigan Group consists of Merrell, Cat, Chaco, Hush Puppies, Bates uniform, Harley-Davidson and Hytest safety footwear and apparel. The Wolverine Boston Group consists of Sperry, Saucony , Keds, and the Kids footwear business, which includes the Stride Rite licensed business, as well as kids' footwear offerings from Saucony, Sperry, Keds, Merrell, Hush Puppies, and Cat. The company was founded by G. A. Krause in 1883 and is headquartered in Rockford, MI.

Earnings data Q4 2020

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Wolverine World Wide reports strong revenue growth and strategic focus

Wolverine World Wide (WWW) showcased strong performance in its Active Group, with Merrell and Saucony driving revenue growth. While facing challenges with Sperry's underperformance, the company is focused on opportunities like expanding Saucony's market reach and innovating products for growth. With a strategic focus on cost reduction and brand portfolio review, WWW aims to improve financial metrics and generate operating free cash flow in 2023.

Wolverine World Wide reports robust Q1 growth and strategic focus

Wolverine World Wide's Q1 2023 showcased strong revenue growth, particularly in the active group and international markets. The company is strategically focusing on growth brands and operational improvements to drive future success. Challenges include revenue declines in certain segments and DTC channel slowdown.

Wolverine World Wide (WWW) faces revenue challenges but pursues brand-building strategies

Wolverine World Wide (WWW) is navigating challenges with urgency, bold actions, and a focus on brand building. The company is consolidating footwear brands, reducing inventory, and aiming for an improved operating margin in 2024. Emphasis on building durable and resilient brands to navigate the market environment.

Wolverine World Wide meets Q3 expectations, focuses on brand-building

Wolverine World Wide (WWW) reported steady performance in Q3, focusing on stabilizing and transforming the business for future growth.
Efforts to reduce costs and improve operational efficiency are expected to yield significant benefits in 2024.
Despite challenges in key markets, the company is strategically positioning itself for long-term success through brand-building and innovation.
Investments in consumer insights, product development, and cost-saving initiatives are key drivers for enhancing profitability and competitiveness.

Wolverine World Wide reports record gross margin outlook for 2024

Wolverine World Wide's Q4 2023 earnings call highlighted achievements in turnaround efforts, inventory reduction, and debt stabilization. The company is focused on brand building, operational efficiency, and profitability improvement. Revenue decline in 2024 is expected to be temporary, with growth anticipated in the second half of the year.

Wolverine World Wide (WWW) beats revenue expectations, focuses on growth

Wolverine World Wide (WWW) reported strong Q1 2024 earnings, exceeding revenue expectations and achieving record gross margins. The company's strategic focus on brand marketing, product innovation, and balance sheet strength through debt reduction is driving growth. Challenges in revenue guidance adjustments and inventory management are being addressed, while opportunities in expanding product categories and improving profitability are being pursued.

Wolverine Worldwide surpasses Q2 expectations, raises guidance amid growth focus

Wolverine Worldwide's Q2 2024 performance exceeded expectations, showcasing strong revenue, margin improvement, and debt reduction.
The company's strategic focus on brand management and consumer-centric growth has positioned it for continued success.
While challenges like market dynamics and supply chain disruptions persist, Wolverine Worldwide remains optimistic about its growth prospects.
By leveraging its strengths, addressing challenges, and seizing opportunities, Wolverine Worldwide aims to drive sustainable growth and brand relevance.

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Wolverine World Wide, Inc. engages in the design, manufacture, and sale of branded casual, active lifestyle, work, outdoor sport, athletic, uniform, footwear, and apparel. It operates through the following segments: Active Group & Work Group. The Active Group segment consists of Merrell footwear and apparel, Saucony footwear and apparel, Sweaty Betty activewear, and Chaco footwear. The Work Group segment consists of Wolverine footwear and apparel, Cat footwear, Bates uniform footwear, Harley-Davidson footwear and HYTEST safety footwear. The company was founded by G. A. Krause in 1883 and is headquartered in Rockford, MI.

Wolverine's Q3 results are likely to reflect a year-over-year revenue decline amid a challenging retail environment. However, it expects an improvement in the gross margin.

What Should Investors Expect From WWW Ahead of Q3 Earnings?

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of common stock. The dividend is payable on February 3, 2025, to stockholders of record on January 2, 2025. The dividend is equal to the last quarterly dividend and reflects an indicated annual dividend of $0.40 per share. ABOUT WOLVERINE WORLDWIDE Founded in 1883, Wolverine World Wide, Inc. (NYSE:WWW) is one of the world'.

Wolverine Worldwide Declares Quarterly Dividend

ROCKFORD, Mich., Oct. 29, 2024 /PRNewswire/ -- Merrell® , the world's leading outdoor footwear brand, and off-road automotive adventure icon Jeep® brand have joined forces for a second time to create a collection around Merrell's newest hiking innovation and the electrified Jeep Wrangler 4xe.

MERRELL® AND THE JEEP® BRAND ANNOUNCE SECOND FOOTWEAR COLLABORATION, INSPIRED BY FUTURE OF OUTDOOR INNOVATION

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced the appointment of Susie Kuhn as President of the Company's Active Group, effective October 28, 2024. Ms. Kuhn will be responsible for leading successful brand strategies, executing consumer-focused go-to-market plans, and driving commercial performance for Wolverine Worldwide's Active Group – which includes the Merrell, Saucony, and Chaco brands. The Collective – the Company's recently created center-of-ex.

Wolverine Worldwide Appoints Susie Kuhn as Active Group President

Wolverine's operational efficiency, innovative products and debt reduction drive brand loyalty and strengthen growth potential.

WWW Stock Falls 15% From 52-Week High: Thinking of Buying the Dip?

Wolverine World Wide Inc. NYSE: WWW designs and manufactures footwear and apparel under a diverse portfolio of brands beyond their popular Wolverine boots. The consumer discretionary sector company has been shoring up its finances and trimming down inventory levels as they fell a sizeable 54.1% in its second quarter of 2024.

Wolverine World Wide Breaks Out – Will the 92% Rally Continue?

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced that it expects to report its third quarter fiscal 2024 financial results on Thursday, November 7, 2024, at approximately 6:30 a.m. ET. Following the press release, the Company will host a conference call at 8:30 a.m. ET to review results and discuss current business trends. Investors and analysts interested in joining the call are invited to dial 1-800-579-2543 (international callers, please dial 1-785-424.

Wolverine Worldwide Announces Third Quarter Fiscal 2024 Conference Call for November 7, 2024

WWW's effective marketing and innovative launches boost brand loyalty, whereas debt reduction strengthens its balance sheet.

WWW Stock Looks Attractive With P/E Multiple of 13.64X: How to Play?

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WWW's proactive debt reduction and growth potential make it an attractive option for investors despite ongoing challenges in consumer demand.

Wolverine Trades Above 200 & 50-Day SMA: How to Play the Stock?

As Nike stock trips again over falling sales, Wolverine World Wide keeps marching higher, with help from a rating upgrade and price-target hike.

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Does Wolverine World Wide (WWW) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Wolverine World Wide (WWW) a Strong Momentum Stock: Buy Now?

Wolverine (WWW) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Wolverine (WWW) Shows Fast-paced Momentum But Is Still a Bargain Stock

Embrace the Elements with Saucony's Waterproof Footwear Collection, Available October 1 ROCKFORD, Mich. , Sept. 30, 2024 /PRNewswire/ -- Saucony , a leading global performance running and lifestyle brand, is launching a collection of its highly favored designs featuring advanced Gore-Tex technology on October 1, available at saucony.com/en/dual-gtx-styles and select retailers.

Saucony® Launches New Gore-Tex Collection

WWW's strong market momentum, financial stability and strategic investments make it an appealing growth opportunity for investors.

Wolverine Hits a New 52-Week High: What's Next for Investors?

Wolverine (WWW) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Wolverine (WWW) Moves 6.8% Higher: Will This Strength Last?

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Step into an immersive journey through four hemispheres, right in the heart of Chelsea ROCKFORD, Mich. , Sept. 19, 2024 /PRNewswire/ --  Merrell®, the world's leading outdoor footwear brand, is bringing an infinite natural landscape to the concrete jungle with its "Wander Wheel" pop-up art installation set to open in New York City on Friday, Sept.

Merrell Unveils Interactive "Wander Wheel" Art Installation in New York City, Open to the Public for One Weekend Only

Just in time for Bourbon Heritage Month, Wolverine Boots brings back Old Rip Van Winkle collaboration to celebrate American craftsmanship ROCKFORD, Mich. , Sept. 19, 2024 /PRNewswire/ -- Elevating the art of craftsmanship to new heights, Wolverine®, the 141-year-old boot and clothing company, has once again joined forces with Old Rip Van Winkle Distillery just in time for Bourbon Heritage Month.

Wolverine and Old Rip Van Winkle Distillery Unveil Batch IV Of Their Collaboration 1000 Mile Boot

WWW benefits from strategic growth, cost management and strong market momentum. Its focus on sustainability enhances its long-term potential.

Wolverine Hits 52-Week High: Can Innovation Drive the Stock Higher?

Wolverine World Wide faces challenges with lower wholesale revenues but shows potential for growth by 4Q24 or FY25, leading to an overweight rating by bank analysts. Despite improvements in inventory and debt reduction, the stock's current price already factors in significant growth, making it a risky investment. The company's guidance for 4Q24 suggests a return to growth, but historical performance and untested new management make consistent growth assumptions uncertain.

Wolverine World Wide May See Growth In Q4 2024, But The Stock Still Beds Too Much Optimism, And Remains A Hold

ROCKFORD, Mich. , Sept. 16, 2024 /PRNewswire/ -- Cat® Footwear, a division of Wolverine World Wide, Inc. (NYSE: WWW) and official footwear licensee of Caterpillar, is introducing a bold and fearless addition to the brand's popular Invader Franchise with the Invader Max, a waterproof, composite toe, work boot.

Inspired by the World's Boldest Machinery, Cat Footwear Launches "Most Capable" Work Boot Ever Made With Invader Max

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The collection features the iconic ProGrid Omni 9 and kids Shadow 6000s in vibrant colorways and design elements reflective of Jae's signature style ROCKFORD, Mich. , Sept. 13, 2024 /PRNewswire/ -- Saucony, a leading global performance running lifestyle brand, today announced that the To-Do List Collection, its third collaboration with Bronx native Jae Tips, will be available globally at Saucony.com beginning September 20.

Saucony® and Jae Tips Unveil the 'To-Do List' Collection, Launching Globally on September 20

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