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 Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

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

As Nike Stock Trips, This Small Rival Has Marched To The Front Of The Pack

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?

EMCOR Group

Frontdoor Inc.

Quanta Services

Steven Madden

Sterling Construction

Keep your eye on these six top stocks for Q4 in the consumer, infrastructure and housing sectors, including Steven Madden and Wolverine World Wide.

Top Stocks For Q4: 6 Consumer, Housing And Infrastructure Stocks

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

Crocs

G-III Apparel Group

Victoria's Secret & Co

As inflation cools, the Consumer Discretionary sector, including stocks like GIII, VSCO, WWW & CROX, is positioned for growth.

4 Consumer Discretionary Stocks to Buy as Inflation Cools

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

Great Lakes Dredge & Dock

Kronos Worldwide

PRA Group

Stocks with higher earnings yields are undervalued, while lower yields suggest overpricing. WWW, PRAA, GLDD and KRO are strong value picks due to their earnings yield strength.

4 High Earnings Yield Value Stocks That Investors May Buy Now

Wolverine (WWW) reported earnings 30 days ago. What's next for the stock?

Wolverine (WWW) Up 5% Since Last Earnings Report: Can It Continue?

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Wolverine World Wide (WWW) is a Top-Ranked Momentum Stock: Should You Buy?

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Wolverine (WWW) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Here Is Why Bargain Hunters Would Love Fast-paced Mover Wolverine (WWW)

Building upon its partnership with University of Michigan football players, the leading boot brand has expanded its roster to include skilled trades professionals ROCKFORD, Mich. , Sept. 5, 2024 /PRNewswire/ -- Wolverine®, the 141-year-old boot and clothing company, has renewed its NIL relationship with University of Michigan football players, while expanding its 2024 talent roster to include trades professionals across industries and career stages.

Wolverine Assembles Team of Trades Workers and Athletes to Form the "Blue-Collar Crew"

Available September 16, Saucony's fir st-ever footwear collab with Black Girls RUN! is part of multi-year partnership ROCKFORD, Mich.

Saucony® Launches Limited-Edition Black Girls RUN!® x Saucony Endorphin Speed 4

Bank of New York Mellon

Century Communities

Norwegian Cruise Line

Investors target stocks that have been on a bullish run lately. Stocks like WWW, NCLH, CCS and BK are seeing price strength, and the momentum is likely to continue.

4 Stocks Trading Near 52-Week High That Can Climb Further

BioMarin Pharmaceutical

Datadog

Klaviyo, Inc. 

Progressive

Brokers have deeper insights into stocks and the macroeconomic backdrop. One must follow broker rating upgrades to pick stocks like WWW, BMRN, DDOG, PGR & KVYO.

Bet on These 5 Stocks With Upgraded Broker Ratings Right Now

Updates to its most trusted work boot franchise advances Wolverine's commitment to performance comfort. ROCKFORD, Mich.

Wolverine Unveils the DuraShocks® SR Icon

IAMGOLD

Seanergy Maritime Hlds

Sylvamo Corp

Boost your portfolio value by investing in high earnings yield stocks like SLVM, IAG, WWW and SHIP.

4 High Earnings Yield Value Bets to Shrug Off Market Volatility

The consensus price target hints at a 34.6% upside potential for Wolverine (WWW). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

News for Wolverine World Wide Stock (WWW)