Wolverine World Wide, Inc. (WWW)

NYSE: WWW · Real-Time Price · USD
22.79
-0.06 (-0.26%)
Jan 17, 2025, 4:00 PM EST - Market closed
-0.26%
Market Cap 1.82B
Revenue (ttm) 1.79B
Net Income (ttm) -68.30M
Shares Out 80.07M
EPS (ttm) -0.86
PE Ratio n/a
Forward PE 17.01
Dividend $0.40 (1.76%)
Ex-Dividend Date Jan 2, 2025
Volume 731,835
Open 23.14
Previous Close 22.85
Day's Range 22.79 - 23.41
52-Week Range 7.99 - 24.64
Beta 1.90
Analysts Strong Buy
Price Target 18.63 (-18.25%)
Earnings Date Feb 19, 2025

About WWW

Wolverine World Wide, Inc. designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America. It operates through Active Group and Work Group segments. The company offers casual footwear and apparel; performance outdoor and athletic footwear and apparel; kids' footwear; industrial work boots and apparel; and uniform shoes and boots. The company sources and markets a range of footwear and apparel styles, including... [Read more]

Founded 1883
Employees 4,100
Stock Exchange NYSE
Ticker Symbol WWW
Full Company Profile

Financial Performance

In 2023, Wolverine World Wide's revenue was $2.24 billion, a decrease of -16.46% compared to the previous year's $2.68 billion. Losses were -$40.30 million, -78.67% less than in 2022.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for WWW stock is "Strong Buy." The 12-month stock price forecast is $18.63, which is a decrease of -18.25% from the latest price.

Price Target
$18.63
(-18.25% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

MERRELL DISRUPTS HIKE FOOTWEAR WITH SPEEDARC SURGE BOA: A LIGHTWEIGHT FUSION FOR EFFORTLESS HIKING

The innovative brand reinvents sole construction to deliver 100% more energy return than leading hiking footwear for athleticism, comfort and style ROCKFORD, Mich. , Jan. 2, 2025 /PRNewswire/ -- Merre...

18 days ago - PRNewsWire

Wolverine World Wide Shares Up 156%, Analyst Expects Further Upside From 2025 Being An 'Inflection Year'

Shares of Wolverine World Wide, Inc. WWW have been climbing since last month, after the company reported strong quarterly results.

5 weeks ago - Benzinga

MERRELL ANNOUNCES NOREEN NAROO-PUCCI AS CHIEF PRODUCT OFFICER

The brand-building, global leader will support product vision, strategy and innovation ROCKFORD, Mich. , Dec. 5, 2024 /PRNewswire/ -- Merrell, the world's leading hiking and outdoor footwear brand, an...

6 weeks ago - PRNewsWire

Saucony® Signs Jackie Gaughan, 2024 U.S. Women's Olympic Marathon Trials Qualifier

Gaughan, 15th-fastest among Trials qualifiers, races in the Saucony Endorphin Elite ROCKFORD, Mich. , Dec. 3, 2024 /PRNewswire/ -- Saucony, a global performance running lifestyle brand, has announced ...

6 weeks ago - PRNewsWire

MERRELL, BIG BROTHERS BIG SISTERS OF AMERICA DESIGN ICONIC HIKER TO FOSTER INCLUSIVE OUTDOOR EXPERIENCES

The partnership emphasizes how mentorship and outdoor equity can unlock curiosity, aspiration, and empowerment for young individuals ROCKFORD, Mich. , Dec. 2, 2024 /PRNewswire/ -- Merrell®, the world'...

7 weeks ago - PRNewsWire

Wolverine Worldwide's Work Group Appoints Mike Maloney as Chief Product Officer

ROCKFORD, Mich. , Nov. 26, 2024 /PRNewswire/ -- The Work Group of Wolverine World Wide, Inc. (NYSE: WWW) today announced the appointment of industry veteran Mike Maloney as its new Chief Product Offic...

7 weeks ago - PRNewsWire

Sweaty Betty Expands U.S. Presence With Two New Stores

London-based women's activewear brand opens locations in Chicago and Washington, D.C. ROCKFORD, Mich.

2 months ago - PRNewsWire

Wolverine and Jarritos Unite to Celebrate Heritage and Flavor with Limited-Edition Trade Wedge Boot

ROCKFORD, Mich. , Nov. 19, 2024 /PRNewswire/ -- Wolverine®, the 141-year-old boot and clothing company, has joined forces with the beloved Mexican soft drink brand, Jarritos®, to launch a limited-edit...

2 months ago - PRNewsWire

Wolverine Worldwide Opens Boston Innovation Hub to Accelerate Product Design and Development

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced the opening of a new global Innovation Hub on 90 Causeway Street in Boston, Massachusetts. “Boston is an amazin...

2 months ago - Business Wire

Wolverine World Wide, Inc. (WWW) Q3 2024 Earnings Call Transcript

Wolverine World Wide, Inc. (NYSE:WWW) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Alex Wiseman - VP, Finance Chris Hufnagel - President and CEO Taryn Miller - EV...

2 months ago - Seeking Alpha

Wolverine World Wide: Priced For 2x Margins, Mid-Single Digit Growth, Too Optimistic

Wolverine World Wide, Inc.'s 3Q24 results show sequential improvement, with adjusted revenues down 7% YoY and margins improving due to lower promotions and OpEx reductions. Merrell posted its first po...

2 months ago - Seeking Alpha

Chaco Introduces the All-New Comfort-First, Lightweight CushZ Sandal

ROCKFORD, Mich. , Nov. 7, 2024 /PRNewswire/ -- Chaco, the outdoor footwear brand born on the river and renowned for its performance sandals, today launched its latest sandal innovation engineered for ...

2 months ago - PRNewsWire

Wolverine Worldwide Reports 2024 Third Quarter Revenue and Earnings Above Guidance

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for the third quarter ended September 28, 2024. “In the third quarter, we delivered better-tha...

2 months ago - Business Wire

Wolverine Worldwide Declares Quarterly Dividend

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of common stock. The divi...

2 months ago - Business Wire

MERRELL® AND THE JEEP® BRAND ANNOUNCE SECOND FOOTWEAR COLLABORATION, INSPIRED BY FUTURE OF OUTDOOR INNOVATION

ROCKFORD, Mich., Oct. 29, 2024 /PRNewswire/ -- Merrell® , the world's leading outdoor footwear brand, and off-road automotive adventure icon Jeep® brand have joined forces for a second time to create ...

2 months ago - PRNewsWire

Wolverine Worldwide Appoints Susie Kuhn as Active Group President

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced the appointment of Susie Kuhn as President of the Company's Active Group, effective October 28, 2024. Ms. Kuhn ...

3 months ago - Business Wire

Wolverine Worldwide Announces Third Quarter Fiscal 2024 Conference Call for November 7, 2024

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced that it expects to report its third quarter fiscal 2024 financial results on Thursday, November 7, 2024, at app...

3 months ago - Business Wire

Overlooked Stocks: WWW

Wolverine World Wide (WWW) closed on a two-year high Thursday after getting an upgrade and price target hike from BNP Paribas. George Tsilis says the upgrade is nothing to scoff at, pointing to a turn...

3 months ago - Schwab Network

Saucony® Launches New Gore-Tex Collection

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 br...

4 months ago - PRNewsWire

Merrell Unveils Interactive "Wander Wheel" Art Installation in New York City, Open to the Public for One Weekend Only

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 bringi...

4 months ago - PRNewsWire

Wolverine and Old Rip Van Winkle Distillery Unveil Batch IV Of Their Collaboration 1000 Mile Boot

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...

4 months ago - PRNewsWire

Wolverine World Wide May See Growth In Q4 2024, But The Stock Still Beds Too Much Optimism, And Remains A Hold

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 ...

4 months ago - Seeking Alpha

Inspired by the World's Boldest Machinery, Cat Footwear Launches "Most Capable" Work Boot Ever Made With Invader Max

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 a...

4 months ago - PRNewsWire

Saucony® and Jae Tips Unveil the 'To-Do List' Collection, Launching Globally on September 20

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/ -- Sa...

4 months ago - PRNewsWire

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

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 /PRNe...

4 months ago - PRNewsWire