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 it expects to report its first quarter fiscal 2023 financial results on Wednesday, May 10, 2023, 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, please dial 1-201-689-84.

Wolverine Worldwide Announces First Quarter Fiscal 2023 Conference Call for May 10, 2023

The ultimate race-day shoe is the brand's lightest ever, allowing athletes globally to go fast and achieve their personal best with a Fastest Known Time challenge ROCKFORD, Mich. , April 25, 2023 /PRNewswire/ -- Merrell®, the world's leading hike and outdoor footwear brand, today introduced its next elite innovation coming out of the Merrell Test Lab (MTL) with its lightest-ever trail running shoe – the MTL Skyfire 2.

MERRELL® RELEASES MTL SKYFIRE 2 DESIGNED FOR ELITE TRAIL RUNNERS

Wolverine (WWW) is focused on strengthening its direct-to-consumer business. The company also reinforces its presence across international markets.

Wolverine's (WWW) Strategies on Track: Up 24.3% in 3 Months

Wolverine (WWW) announces plans to fuel Sweaty Betty's long-term potential. In addition, the company is focused on strengthening its direct-to-consumer business.

Wolverine (WWW) Unveils Sweaty Betty Brand's Growth Plans

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW), which operates one of the world's largest portfolios of lifestyle and footwear brands, announced today actions intended to improve operating performance, fuel global growth, and enable future investments into Sweaty Betty, a global premium women's activewear brand acquired in August 2021.

Wolverine Worldwide Announces Actions to Fuel Sweaty Betty's Long-Term Growth

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW), which operates one of the world's largest portfolios of lifestyle and footwear brands, announced today that its Chairman and retired CEO, Blake Krueger, will be retiring from the Board on May 4, 2023. Tom Long, the Board's Lead Independent Director, has been appointed to serve as Chairman upon Mr. Krueger's retirement. Mr.

Wolverine Worldwide Announces New Board Chairman and Directors

The podium-winning ultrarunner represents both Canada and the United States on the brand's trail team ROCKFORD, Mich. , March 16, 2023 /PRNewswire/ -- Merrell®, the world's leading hike and outdoor footwear brand, announced today professional runner Reid Burrows has joined its international trail team.

MERRELL® ADDS TRAIL RUNNER REID BURROWS TO ELITE GLOBAL ATHLETE ROSTER

The second launch will unveil four new limited-edition styles as a part of Wolverine's continued journey in the Halo universe ROCKFORD, Mich. , March 15, 2023 /PRNewswire/ -- Wolverine®, the 140-year-old boot and clothing company, and 343 Industries, developer of the Halo franchise, are continuing their partnership for a second year in a row.

Wolverine and Halo Launch Spartan-Inspired Boot Collection

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Favorable health and wellness trends, product innovation and digital growth are likely to save the day for the Shoes and Retail Apparel industry amid rising costs. These aspects bode well for NKE, DECK, SKX and WWW.

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The win marks the brand's fourth consecutive year as the Plus Award outdoor category recipient ROCKFORD, Mich. , Feb. 28, 2023 /PRNewswire/ -- Footwear Plus has named Merrell®, the world's leading hike and outdoor footwear brand, as its 24th Annual Plus Awards winner in the outdoor category for the fourth consecutive year and 14th time since the award's inception.

MERRELL® VOTED FOOTWEAR PLUS AWARD OUTDOOR WINNER FOR THE 14TH TIME

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Michael Burry, the famed investor covered in Michael Lewis' book, “The Big Short,” and portrayed by Christian Bale in a 2015 movie of the same name, released the fourth-quarter 2022 equity portfolio for Scion Asset Management earlier this month.

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Wolverine's (WWW) fourth-quarter 2022 sales reflect gains from higher international sales as well as increased revenues at most segments and brands.

Wolverine (WWW) Reports Wider Q4 Loss, Revenues Rise Y/Y

Wolverine World Wide, Inc. (NYSE:WWW ) Q4 2022 Earnings Conference Call February 22, 2023 8:30 AM ET Company Participants Alex Wiseman - VP, Finance Brendan Hoffman - President and CEO Mike Stornant - EVP and CFO Conference Call Participants Dana Telsey - Telsey Advisory Group Jim Duffy - Stifel Jonathan Komp - Baird Sam Poser - William Trading Mitch Kummetz - Seaport Research Abbie Zvejnieks - Piper Sandler Operator Greetings and welcome to the Wolverine Worldwide Inc. Fourth Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode.

Wolverine World Wide, Inc. (WWW) Q4 2022 Earnings Call Transcript

Wolverine (WWW) delivered earnings and revenue surprises of -7.14% and 0.02%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Wolverine World Wide (WWW) Reports Q4 Loss, Lags Revenue Estimates

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for the fourth quarter ended December 31, 2022. "Despite a challenging year in 2022, we've taken important steps to become a more disciplined and agile company while focusing on long-term growth.

Wolverine Worldwide Reports Fourth Quarter Results In-Line With Guidance and Provides Outlook For 2023

Wolverine World Wide (WWW) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Wolverine World Wide (WWW) This Earnings Season?

Wolverine's (WWW) fourth-quarter 2022 earnings results are expected to reflect higher costs, including SG&A expenses. However, brand strength is anticipated to have aided the top line.

Wolverine (WWW) to Post Q4 Earnings: What's in the Offing?

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Wolverine (WWW) possesses 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) Expected to Beat Earnings Estimates: Should You Buy?

The announcement marks the brand's first-time use of Indigenous artwork across a collection of footwear, apparel, and accessories ROCKFORD, Mich. , Feb. 9, 2023 /PRNewswire/ -- Merrell®, the world's leading hike and outdoor footwear brand, announced a collaboration with artist Jordan Ann Craig.

MERRELL® LAUNCHES COLLABORATION WITH PAINTER JORDAN ANN CRAIG

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW), which operates one of the world's largest portfolios of lifestyle and footwear brands, announced today that it has sold the Keds brand to Designer Brands, Inc. (“DBI”), the parent company of footwear retailer DSW.

Wolverine Worldwide Sells Keds Brand to Designer Brands, Inc.

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced that it expects to report its fourth quarter and full year fiscal 2022 financial results on Wednesday, February 22, 2023, 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.

Wolverine Worldwide Announces Fourth Quarter and Full Year Fiscal 2022 Conference Call for February 22, 2023

The insiders and institutions are buying Wolverine Worldwide and have the market at a bottom, a good Q4 report could be the trigger for reversal.

Insiders And Institutions Buy Wolverine Worldwide

For the second time, the leading hike brand is partnering with the inclusive online community to create a collection just as diverse as those who wear it ROCKFORD, Mich. , Jan. 26, 2023 /PRNewswire/ -- Merrell®, the world's leading hike and outdoor footwear brand, has released its second collection in collaboration with Jenny Bruso and Unlikely Hikers – designed in a playful, ungendered colorway and size-inclusive in wide widths and hard-to-find sizes.

MERRELL® CREATES SIZE-INCLUSIVE COLLECTION WITH UNLIKELY HIKERS, INVITING ALL OUTDOORS

ROCKFORD, Mich.--( BUSINESS WIRE )--Wolverine World Wide, Inc. (NYSE: WWW) today updated its outlook for fiscal 2022 revenue, earnings, inventory and net debt in advance of its fireside chat at the 2023 ICR Conference on January 10, 2023.

News for Wolverine World Wide Stock (WWW)