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.

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) (the “Company”) today announced the pricing of its offering of $550 million aggregate principal amount of 4.000% Senior Notes due 2029 (the “Notes”). The Company intends to use the net proceeds from the offering, together with borrowings under its amended senior credit facility, to redeem all of its outstanding 5.000% Senior Notes due 2026 and 6.375% Senior Notes due 2025 and pay all related fees and expenses. The Notes wi

Wolverine Worldwide Announces Pricing of $550 Million of 4.000% Senior Notes

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE:WWW) (the “Company”) today announced that it is offering $550 million aggregate principal amount of Senior Notes due 2029 (the “Notes”), subject to market and other customary conditions. The Company intends to use the net proceeds from the offering, together with borrowings under its amended senior credit facility, to redeem all of its outstanding 5.000% Senior Notes due 2026 and 6.375% Senior Notes due 2025 and pay all related

Wolverine Worldwide Announces Offering of $550 Million of Senior Notes

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COLUMBUS, Ohio, Aug. 5, 2021 /PRNewswire/ -- Designer Brands Inc. (NYSE:DBI), one of North America's largest designers, producers and retailers of footwear and accessories, today announced exclusive distribution for Hush Puppies in North America, through partnership with Wolverine Worldwide (NYSE:WWW). This industry-forward initiative will make DSW Designer Shoe Warehouse the exclusive in-store distributor of Hush Puppies beginning in 2022, helping maintain DBI's retail presence throughout the U.S. and Canada, targeting ideal consumers and generating mutual brand growth and awareness.

DSW and Hush Puppies Announce Exclusive Wholesale Partnership

ROCKFORD, Mich.--(BUSINESS WIRE)--Hush Puppies, a division of Wolverine Worldwide (NYSE:WWW), and Designer Brands Inc. (NYSE:DBI), today announced an exclusive distribution partnership for Hush Puppies in North America. This industry-forward initiative will make DSW Designer Shoe Warehouse the exclusive in-store distributor of Hush Puppies by 2022, helping to expand Hush Puppies retail presence throughout the U.S. and Canada, targeting ideal consumers and generating mutual brand growth and awar

Hush Puppies & DSW Announce Exclusive Wholesale Partnership

Wolverine World Wide, Inc. (NYSE: WWW) recently announced a deal to buy Sweaty Betty for $410 million. These are the details.

Why Wolverine World Wide (WWW) Is Buying Sweaty Betty For $410 Million

Wolverine (WWW) acquires fitness and lifestyle brand, Sweaty Betty, in an all-cash transaction valued at $410 million.

Wolverine (WWW) Boosts Activewear With Sweaty Betty Buyout

Wolverine World Wide Inc. today said that it has acquired global fitness and lifestyle brand Sweaty Better in an all-cash transaction valued at $410 million.

Wolverine World Wide Acquires Sweaty Betty For $410 Million

Wolverine World Wide Inc. announced Tuesday that it has acquired British lifestyle brand Sweaty Betty in a $410 million all-cash deal. Wolverine funded the transaction with cash and credit.

Wolverine World Wide buys athletic brand Sweaty Betty in $410 million all-cash deal

GREENWICH, Conn., Aug. 3, 2021 /PRNewswire/ -- L Catterton, the largest global consumer-focused private equity firm, today announced it has sold its stake in Sweaty Betty, a global fitness and lifestyle brand on a mission to empower women, to Wolverine World Wide, Inc. (NYSE: WWW).

L Catterton Sells Stake in Sweaty Betty to Wolverine World Wide, Inc.

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW), which operates one of the world's largest portfolios of footwear and lifestyle brands, today announced that it has acquired Sweaty Betty®, a global fitness and lifestyle brand on a mission to empower women. The all-cash transaction is valued at approximately $410 million and closed on August 2, 2021. Founded in 1998, Sweaty Betty has quickly grown to become a global brand designed by women for women. It has cultivated a l

Wolverine Worldwide Acquires Women's Activewear Brand Sweaty Betty

Wolverine World Wide, Inc. (WWW) CEO Blake Krueger on Q2 2021 Results - Earnings Call Transcript

Strength on the direct-to-consumer platforms, strong owned stores revenues and an impressive brand performance aid Wolverine's (WWW) second-quarter results.

Wolverine (WWW) Beats on Q2 Earnings, Lifts 2021 Guidance

Wolverine (WWW) delivered earnings and revenue surprises of 42.55% and 11.47%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Wolverine World Wide (WWW) Beats Q2 Earnings and Revenue Estimates

Shares of Wolverine World Wide (NYSE:WWW) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share rose 737.50% year over year to $0.67, which beat the estimate of $0.48.

Recap: Wolverine World Wide Q2 Earnings

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE:WWW) today reported record financial results for the second quarter ended July 3, 2021, and raised its full 2021 fiscal-year revenue and earnings outlook. “With record revenue in the second quarter and demand for our brands continuing to accelerate, we now expect to deliver meaningful growth this year over both 2020 and 2019,” said Blake W. Krueger, Wolverine Worldwide's Chairman and Chief Executive Officer. “Merrell and Saucony

Wolverine Worldwide Delivers Record Second-Quarter Revenue and Raises Full-Year Outlook

Wolverine's (WWW) second-quarter 2021 results are likely to reflect gains from its enhanced digital capabilities and brand strength.

What Lies Ahead for Wolverine (WWW) This Earnings Season?

Wolverine (WWW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Wolverine World Wide (WWW) Earnings Expected to Grow: Should You Buy?

Wolverine World Wide (WWW) has been struggling lately, but the selling pressure may be coming to an end soon

Wolverine World Wide (WWW) Sees Hammer Chart Pattern: Time to Buy?

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced that it expects to report its second quarter 2021 financial results on Thursday, July 29, 2021, 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. The conference call will be broadcast live and accessible under “Webcasts & Presentations” in the Investor Relations section of www.wolveri

Wolverine Worldwide Announces Second Quarter 2021 Conference Call for July 29, 2021

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Wolverine (WWW) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

How Wolverine (WWW) Stock Stands Out in a Strong Industry

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE:WWW), which operates one of the world's largest portfolios of footwear and lifestyle brands, today announced that Brendan Hoffman, President and a member of the Company's Board of Directors, will also become Chief Executive Officer at the end of the year. Hoffman will succeed Blake Krueger, who began his career with the Company in 1993 and has been CEO since 2007 and Chairman of the Board since 2009. As part of the transition, K

Wolverine Worldwide Announces Next Steps in Planned CEO Succession

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SOMERVILLE, Mass. , June 16, 2021 /PRNewswire/ -- Hush Puppies, the iconic Wolverine Worldwide brand, will commercialize Voxel8's (www.voxel8.com) digital manufacturing technology in unique midsoles that provide enhanced comfort, support and longevity.

News for Wolverine World Wide Stock (WWW)