Wolverine World Wide, Inc. (WWW)
Market Cap | 1.77B |
Revenue (ttm) | 1.79B |
Net Income (ttm) | -68.30M |
Shares Out | 80.07M |
EPS (ttm) | -0.86 |
PE Ratio | n/a |
Forward PE | 16.80 |
Dividend | $0.40 (1.81%) |
Ex-Dividend Date | Jan 2, 2025 |
Volume | 592,989 |
Open | 22.26 |
Previous Close | 22.35 |
Day's Range | 22.07 - 22.65 |
52-Week Range | 7.58 - 22.86 |
Beta | 1.79 |
Analysts | Buy |
Price Target | 16.38 (-26.08%) |
Earnings Date | Nov 7, 2024 |
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]
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 StatementsAnalyst Forecast
According to 8 analysts, the average rating for WWW stock is "Buy." The 12-month stock price forecast is $16.38, which is a decrease of -26.08% from the latest price.
News
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.
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...
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...
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...
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...
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 ...
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...
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...
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 ...
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 ...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
Saucony® Launches Limited-Edition Black Girls RUN!® x Saucony Endorphin Speed 4
Available September 16, Saucony's fir st-ever footwear collab with Black Girls RUN! is part of multi-year partnership ROCKFORD, Mich.
Wolverine Unveils the DuraShocks® SR Icon
Updates to its most trusted work boot franchise advances Wolverine's commitment to performance comfort. ROCKFORD, Mich.
Wolverine World Wide Q2: Waiting For Saucony Momentum To Show
Wolverine World Wide, Inc.'s Q2 results beat Wall Street estimates by a considerable margin, driven by many brands' slightly better performance than expected. Revenues still declined sharply, only in ...
Wolverine World Wide, Inc. (WWW) Q2 2024 Earnings Call Transcript
Wolverine World Wide, Inc. (NYSE:WWW) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Alex Wiseman - Vice President-Finance Chris Hufnagel - President and Chief Execut...
Wolverine Worldwide Reports 2024 Second Quarter Revenue and Earnings Above Guidance
ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for the second quarter ended June 29, 2024. “We delivered better-than-expected revenue and ear...
Wolverine Unveils Limited-Edition 1000 Mile Boot to Honor University of Michigan Team #144 National Championship Victory
America's original work boot brand and the winningest team in college football come together to launch a limited-edition Team #144 1000 Mile Boot ROCKFORD, Mich. , July 25, 2024 /PRNewswire/ -- Wolver...