Wolverine World Wide, Inc. (WWW)

Wolverine World Wide Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 27, 2025	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Jan 1, 2022	Jan 2, 2021
Revenue	1,852	1,755	2,243	2,685	2,415	1,791
Revenue Growth (YoY)	3.61%	-21.75%	-16.46%	11.18%	34.83%	-21.22%
Cost of Revenue	989	973.5	1,370	1,614	1,385	1,056
Gross Profit	862.5	781.5	872.5	1,070	1,030	735.6
Selling, General & Admin	710.9	687.4	853.8	910.4	824.9	641.5
Other Operating Expenses	7	-10.3	-10.4	33.7	56.4	11.1
Operating Expenses	717.9	677.1	843.4	944.1	881.3	652.6
Operating Income	144.6	104.4	29.1	126.3	148.6	83
Interest Expense	-33.8	-42.7	-63.5	-47.3	-37.4	-43.6
Currency Exchange Gain (Loss)	-	-	-	-	-	0.6
Other Non Operating Income (Expenses)	0.4	0.7	-4.9	6.8	3.4	3.6
EBT Excluding Unusual Items	111.2	62.4	-39.3	85.8	114.6	43.6
Impairment of Goodwill	-	-	-	-48.4	-	-222.2
Gain (Loss) on Sale of Assets	-	8.5	90.4	90	-	-
Asset Writedown	-	-9.3	-185.3	-380.3	-	-
Other Unusual Items	-	-	-	-	-34.3	-5.5
Pretax Income	111.2	61.6	-134.2	-252.9	80.3	-184.1
Income Tax Expense	16.2	10.1	-95	-63.8	13.3	-45.5
Earnings From Continuing Operations	95	51.5	-39.2	-189.1	67	-138.6
Minority Interest in Earnings	-5.2	-3.6	-0.4	0.8	1.6	1.7
Net Income	89.8	47.9	-39.6	-188.3	68.6	-136.9
Preferred Dividends & Other Adjustments	2.6	1.6	0.7	0.6	1.1	0.8
Net Income to Common	87.2	46.3	-40.3	-188.9	67.5	-137.7
Shares Outstanding (Basic)	81	80	79	80	82	81
Shares Outstanding (Diluted)	81	80	79	80	83	81
Shares Change (YoY)	1.50%	0.76%	-0.38%	-4.32%	2.84%	-7.11%
EPS (Basic)	1.08	0.58	-0.51	-2.37	0.82	-1.70
EPS (Diluted)	1.07	0.58	-0.51	-2.37	0.81	-1.70
Free Cash Flow	54.3	159.9	107.2	-215.4	69.2	298.8
Free Cash Flow Per Share	0.67	2.00	1.35	-2.70	0.83	3.69
Dividend Per Share	0.400	0.400	0.400	0.400	0.400	0.400
Gross Margin	46.58%	44.53%	38.90%	39.87%	42.65%	41.07%
Operating Margin	7.81%	5.95%	1.30%	4.70%	6.15%	4.63%
Profit Margin	4.71%	2.64%	-1.80%	-7.04%	2.79%	-7.69%
Free Cash Flow Margin	2.93%	9.11%	4.78%	-8.02%	2.87%	16.68%
EBITDA	171.7	130.6	64.2	160.9	181.8	115.8
EBITDA Margin	9.27%	7.44%	2.86%	5.99%	7.53%	6.46%
D&A For EBITDA	27.1	26.2	35.1	34.6	33.2	32.8
EBIT	144.6	104.4	29.1	126.3	148.6	83
EBIT Margin	7.81%	5.95%	1.30%	4.70%	6.15%	4.63%
Effective Tax Rate	14.57%	16.40%	-	-	16.56%	-
Advertising Expenses	-	140.3	169.3	220.7	195.4	135.6

Updated Nov 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q