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.

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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) today announced that Dave Latchana has been appointed Chief Legal Officer and Corporate Secretary, with oversight of the Company's legal, compliance, corporate communications, risk management, ESG and security and loss prevention functions. Mr. Latchana has been at Wolverine Worldwide for nearly 16 years, joining the Company in 2008 as Corporate Counsel. He then served as Associate General Counsel and Assistant Secretary,.

Wolverine Worldwide Appoints Dave Latchana Chief Legal Officer and Corporate Secretary

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced that it expects to report its first quarter fiscal 2024 financial results on Wednesday, May 8, 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 1-877-300-8521 (international callers, please dial 1- 412-317-60.

Wolverine Worldwide Announces First Quarter Fiscal 2024 Conference Call for May 8, 2024

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

Why Is Wolverine (WWW) Up 5% Since Last Earnings Report?

Virtual Event Focused on Inspiring College and University Students Will Provide Resources for Finding Opportunities to Work at Summer Camp. MARTINSVILLE, Ind.

Unlocking Adventure and Growth: "Work at Camp" Event Hosted by the American Camp Association and Chaco Footwear

Seven-time Stanford All-American joins brand as a world-class talent with unlimited potential ROCKFORD, Mich. , March 8, 2024 /PRNewswire/ -- Global performance running lifestyle brand Saucony is further solidifying its commitment to elevating women's and girl's participation in running with the signing of pro runner Vanessa Fraser.

Saucony® Signs Pro Runner Vanessa Fraser

From daily runs to tempo workouts to race-pace fun, the Speed 4 delivers a push-the-pace running experience. ROCKFORD, Mich.

Saucony® Unveils Updated Endorphin Speed 4

From Foundations to Rooftops, Wolverine's Woman-Made Campaign Recognizes Women's Contributions in Every Layer of the Trades ROCKFORD, Mich., Feb. 29, 2024 /PRNewswire/ -- In time for Women's History Month, Wolverine Boots and Apparel, the 140-year-old boot maker, has launched Woman-Made, spotlighting the remarkable accomplishments of women in the skilled trades.

Championing Women in the Skilled Trades, Wolverine Launches Woman-Made

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The premium release features the iconic Grid Shadow 2 silhouette in a new grow light, with 'au naturale' earth shades ROCKFORD, Mich. , Feb. 23, 2024 /PRNewswire/ -- Saucony, leading global performance running lifestyle brand, today announced its first collaboration of the year with longtime partner and renowned curator of fashion and streetwear Bodega.

Saucony® x Bodega Launch Limited - Edition Sneaker Collab

Wolverine's (WWW) Q4 top line declines y/y. However, cost-saving measures and strategic initiatives pave the way for improved profitability in 2024.

Wolverine (WWW) Q4 Loss Wider Than Expected, Revenues Dip Y/Y

Wolverine is unleashing the power of tenacity and grit in the ultimate work boot for off-road adventures ROCKFORD, Mich. , Feb. 22, 2024 /PRNewswire/ -- Wolverine, the 140-year-old boot maker, has announced a limited-edition collaboration with the Red Bull Scramble Series, a series of Side by Side (SXS) off-road races for both amateur and professional racers.

Wolverine Goes Full Throttle with Red Bull Scramble Series Collection

Wolverine World Wide, Inc. (WWW) Q4 2023 Earnings Call Transcript

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for the fourth-quarter and full-year 2023 ended December 30, 2023. “We are effectively executing our transformation plan with great pace – having largely completed the stabilization phase of our turnaround,” said Chris Hufnagel, President and Chief Executive Officer of Wolverine Worldwide. “We finished the year with revenue and earnings in-line with guidance, and inventory and debt levels b.

Wolverine Worldwide Reports Fourth Quarter and Full Year 2023 Results In-Line With Guidance and Provides Outlook for 2024

Wolverine (WWW) battles challenges in the outdoor category, soft demand in the U.S. and European wholesale businesses and weakness in the DTC channel.

Wolverine (WWW) Q4 Earnings Coming Up: Factors Worth Knowing

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.

Analysts Estimate Wolverine World Wide (WWW) to Report a Decline in Earnings: What to Look Out for

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced that it expects to report its fourth quarter and full year fiscal 2023 financial results on Wednesday, February 21, 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 1-877-407-4018 (international callers, plea.

Wolverine Worldwide Announces Fourth Quarter and Full Year Fiscal 2023 Conference Call for February 21, 2024

Introducing  CenterPath Technology, the redesigned Guide delivers a new era of max cushioning built with comfort-first protection ROCKFORD, Mich. , Feb. 1, 2024 /PRNewswire/ -- Saucony, a leading global performance running lifestyle brand, today announces the launch of the all-new Guide 17, a maximal cushioned trainer that offers an exceptional balance of comfort and protection.

Saucony® Launches All-New Guide 17

ROCKFORD, Mich. , Jan. 30, 2024 /PRNewswire/ -- Chaco , the trailblazing outdoor footwear brand, born on the river and renowned for its performance sandals, embarks on a year-long celebration of its 35th birthday, beginning with the launch of its new "Chaco for Life" campaign.

Celebrate Chaco's 35th Birthday with "Chaco for Life" Campaign, Special Releases, Teases Nationwide Tour

The average consumer scrolls three marathons a year on their phone – The Marathumb Challenge app is designed to pit scrolling against steps, encouraging physical activity ROCKFORD, Mich. , Jan. 17, 2024 /PRNewswire/ -- Saucony , a leading global performance running lifestyle brand, today announced the official launch of The Marathumb Challenge, a first-of-its-kind branded experience designed to help users outpace doom scrolling with physical steps.

Saucony Calls on Consumers to Move their Feet More than their Feed with the Launch of the Marathumb Challenge

Wolverine (WWW) remains on track with its strategic transformation. Proceeding on these lines, it concluded the sale of the Sperry brand to Authentic Brands Group, and the ALDO Group.

Wolverine (WWW) Sells Sperry, Strategic transformation on Track

The leading outdoor brand has strengthened its global trail team with four new athletes in 2024 ROCKFORD, Mich. , Jan. 11, 2024 /PRNewswire/ -- Merrell®, the world's leading hike and outdoor footwear brand, announced it has signed ultra-runner Coree Woltering  as an athlete in 2024.

Merrell Continues to Grow Trail Category; Enlists Professional Runner Coree Woltering to Team

Brand management firm Authentic Brands Group bought Sperry, best known for its boat shoes and loafers, from Wolverine World Wide.

Wolverine World Wide sells Sperry to Authentic Brands Group in shoe retail deal

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) announced today that it has sold the Sperry brand to Authentic Brands Group, Inc., and the ALDO Group. The transaction closed on January 10, 2024, and will generate total proceeds of approximately $130 million in the first quarter to pay down debt, further strengthening the Company's balance sheet. “The sale of the Sperry brand is the next step in our turnaround and strategic transformation,” said Chris Hufnagel, Wolverine.

Wolverine Worldwide Sells Sperry

Wolverine (WWW) demonstrates solid progress in its 2023 financials and strategic transformation, setting a strong foundation for growth and profitability.

Wolverine (WWW) Announces Its Preliminary Results for 2023

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today, in advance of its presentation at the 2024 ICR Conference, provides an update on its preliminary, unaudited financial results for its fiscal year 2023, along with an update on its continuing transformation efforts. “We're executing the stabilization phase of our strategic transformation with tremendous pace, while redesigning Wolverine Worldwide for the future,” said Chris Hufnagel, President and Chief Executive Off.

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