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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Earnings data Q3 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.

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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 Worldwide Announces New Brand Group Structure and Leadership Roles to Support Future Growth

Merrell® to Be Honored as Brand of the Year at 36th Annual Footwear News Achievement Awards

Wolverine Worldwide Appoints Tom Long as Lead Independent Director

Wolverine Worldwide Announces Third Quarter Fiscal 2022 Conference Call for November 9, 2022

The Women in Content Marketing Awards recognized Tennant for her work in diversifying the brand's marketing approach ROCKFORD, Mich. , Sept. 27, 2022 /PRNewswire/ -- Merrell®, the leading outdoor and hike brand, announced its Chief Marketing Officer (CMO) Janice Tennant has won the Marketing Leader of the Year Award by the Women in Content Marketing Awards (WICMA).

MERRELL® CHIEF MARKETING OFFICER, JANICE TENNANT, NAMED MARKETING LEADER OF THE YEAR

Made in the USA, the boot will exclusively be available on Huckberry.com ROCKFORD, Mich. , Sept. 22, 2022 /PRNewswire/ -- Today, Wolverine, the 139-year-old boot and clothing brand, Buffalo Trace, the flagship bourbon from the world's most award-winning distillery, and Huckberry, the men's online retailer, are coming together to launch a special-edition Wolverine 1000 Mile boot exclusively available on Huckberry.com.

Wolverine, Buffalo Trace, and Huckberry collaborate to create a special-edition Wolverine 1000 Mile boot

Elite trail runners Aum Gandhi and Rachel Tomajczyk make for the brand's first-ever U.S. athletes ROCKFORD, Mich. , Sept. 21, 2022 /PRNewswire/ -- Merrell®, the world's leading outdoor footwear brand, announced it has added trail runners Aum Gandhi and Rachel Tomajczyk to its roster of global athletes.

MERRELL SIGNS TWO PROFESSIONAL TRAIL RUNNING ATHLETES

With the new edition of Moab, the outdoor leader develops an engaging digital initiative to encourage exploration in cities across the U.S. with the chance to win a trip to Moab, Utah ROCKFORD, Mich. , Sept. 13, 2022 /PRNewswire/ -- Merrell®, the leading outdoor brand, announced the much-anticipated Moab 3 line for men and women.

MERRELL® LAUNCHES MOAB 3, THE NEXT GENERATION OF ICONIC HIKING SHOE

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

Why Is Wolverine (WWW) Down 16% Since Last Earnings Report?

Investors need to pay close attention to Wolverine (WWW) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Wolverine (WWW) Stock?

To support the launch of the Merrell Hiking Club, the brand announced the second generation of its leading women's hiking sneaker, Bravada ROCKFORD, Mich. , Aug. 18, 2022 /PRNewswire/ -- Merrell®, the world's leading outdoor footwear brand, has launched its women-centric hiking club to provide inspiration and connection to the outdoors through a digital community.

MERRELL LAUNCHES HIKING CLUB, FURTHER CONNECTING WOMEN WITH THE OUTDOORS

Wolverine's (WWW) second-quarter 2022 results reflect brand strength and gains from direct-to-consumer revenues. Supply-chain disruptions and macro woes were obstacles.

Wolverine (WWW) Q2 Earnings Beat Estimates, Revenues Rise Y/Y

Wolverine World Wide, Inc. (NYSE:WWW ) Q2 2022 Earnings Conference Call August 10, 2022 8:30 AM ET Company Participants Alex Wiseman – Vice President-Finance Brendan Hoffman – President and Chief Executive Officer Mike Stornant – Executive Vice President and Chief Financial Officer Conference Call Participants Abbie Zvejnieks – Piper Sandler Jim Duffy – Stifel Laurent Vasilescu – BNP Paribas Jay Sole – UBS Jonathan Komp – Baird Dana Telsey – Telsey Advisory Group Alec Legg – B. Riley Steve Marotta – CL King & Associates Sam Poser – William's Trading Operator Ladies and gentlemen, greetings, and welcome to the Wolverine World Wide, Inc.'s Second Quarter 2022 Earnings Conference Call.

Wolverine World Wide, Inc.'s (WWW) CEO Brendan Hoffman on Q2 2022 Results - Earnings Call Transcript

Wolverine (WWW) delivered earnings and revenue surprises of 3.13% and 3.53%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Wolverine World Wide (WWW) Tops Q2 Earnings Estimates

Wolverine World Wide Inc. WWW, -6.70% , the apparel company with brands including Merrell, Saucony, Sperry and Stride Rite, reported second-quarter profit that beat expectations but revenue that missed amid a "slowdown in June shipments," and lowered its full-year outlook. Net income rose to $124.6 million, or $1.53 a share, from $44.7 million, or 53 cents a share, in the year-ago period.

Merrell, Stride Rite parent Wolverine World Wide beats on profit but misses on revenue, cuts full-year outlook

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for the second quarter ended July 2, 2022. "Despite a slowdown in June shipments, we are pleased with delivering record organic revenue in the quarter. We are encouraged by 14% growth in our largest brand Merrell, and 45% growth in our international business. We faced unplanned headwinds related to elevated customer inventory, a stronger US dollar, and some lingering supply chain delays, bu

Wolverine Worldwide Delivers Record Second Quarter Revenue and Strong Earnings; Updates Full-Year Outlook

In partnership with National Recreation and Park Association (NRPA), annual winners will be recognized for achieving a positive or rewarding result through community and teamwork ROCKFORD, Mich. , Aug. 9, 2022 /PRNewswire/ -- Merrell®, the world's leading outdoor footwear brand, has collaborated with longstanding not-for-profit partner, National Recreation and Park Association (NRPA), to announce a first-of-its-kind, annual award – the Changing Nature of Work (CNoW) Award.

MERRELL ANNOUNCES NEW AWARD TO CELEBRATE INDUSTRY LEADERS IMPROVING THE OUTDOORS FOR THEIR COMMUNITY

Wolverine's (WWW) second-quarter 2022 earnings results might show higher costs, including SG&A expenses. However, strength in brands might aid the top line.

Wolverine (WWW) Readies for Q2 Earnings: What to Expect

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced that it expects to report its second quarter fiscal 2022 financial results on Wednesday, August 10, 2022, 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 1-201-68

Wolverine Worldwide Announces Second Quarter Fiscal 2022 Conference Call for August 10, 2022

Outdoor leader releases new pinnacle trail-running shoes to help elite athletes perform in unpredictable environmental conditions ROCKFORD, Mich. , July 6, 2022 /PRNewswire/ -- Merrell®, the world's leading outdoor footwear brand, released the next evolution of outdoor performance offerings designed through its Merrell Test Lab (MTL), a product incubator where the brand's most technical and category disruptive innovations are conceived.

SAME IS BORING: MERRELL® TEST LAB LAUNCHES 2022 COLLECTION ENGINEERED WITH ADAPTABLE TECHNOLOGY FOR ELITE TRAIL RUNNING PERFORMANCE

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW), which operates one of the world's largest portfolios of iconic footwear and lifestyle brands, today announced that Keds, LLC, its wholly-owned subsidiary, has sold the Champion trademarks for footwear in the United States and Canada to its longtime licensee, HanesBrands Inc, for $90 million in cash. Under the agreement, Wolverine Worldwide retains a perpetual license to continue using the Champion trademark on certain foo

Wolverine Worldwide Sells Champion Trademarks

Among Wolverine's (WWW) sales channels, e-commerce has been the key growth driver. The company is also benefiting from its robust portfolio of brands.

Wolverine's (WWW) Brands & E-Commerce Aid Customer Wins

Wolverine (WWW) Up 21.8% Since Last Earnings Report: Can It Continue?

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced that Michael Stornant, Executive Vice President & Chief Financial Officer, and Alex Wiseman, Vice President of Finance and Investor Relations, will participate in a fireside chat at the 2022 Stifel Cross Sector Insight Conference in Boston, MA on Thursday, June 9, 2022. The presentation will begin at 8:35 am Eastern Time. There will be a live audio webcast of the presentation and a replay will be availa

Wolverine Worldwide to Participate in the 2022 Stifel Cross Sector Insight Conference

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced that Michael Stornant, Executive Vice President & Chief Financial Officer, will participate in a fireside chat at the 2022 Baird Global Consumer, Technology and Services Conference in New York City on Tuesday, June 7, 2022. The presentation will begin at 3:10 pm Eastern Time. There will be a live audio webcast of the presentation and a replay will be available for 90 days following the presentation on t

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