WWW Stock - Wolverine World Wide, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $1.75B | $2.24B | $2.68B | $2.41B | $1.79B |
| Gross Profit | $781.50M | $872.50M | $1.07B | $1.03B | $735.60M |
| Gross Margin | 44.5% | 38.9% | 39.9% | 42.6% | 41.1% |
| Operating Income | $101.00M | $-68,200,000 | $-208,400,000 | $155.70M | $-137,100,000 |
| Net Income | $47.90M | $-39,600,000 | $-188,300,000 | $68.60M | $-136,900,000 |
| Net Margin | 2.7% | -1.8% | -7.0% | 2.8% | -7.6% |
| EPS | $0.58 | $-0.51 | $-2.37 | $0.82 | $-1.71 |
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. The company operates through two segments, Wolverine Michigan Group and Wolverine Boston Group. It 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, markets, and licenses a range of footwear styles, such as shoes, boots, and sandals under the Bates, Cat, Chaco, Harley-Davidson, Hush Puppies, Hytest, Keds, Merrell, Saucony, Sperry, Sweaty Betty, Wolverine, and Stride Rite brands. It also markets Merrell and Wolverine branded apparel and accessories, as well as licenses its brands for use on non-footwear products, including the Hush Puppies apparel, eyewear, watches, socks, handbags, and plush toys; Wolverine branded eyewear and gloves; and Keds, Saucony, and Sperry branded apparel. In addition, the company markets pigskin leather under the Wolverine Warrior Leather, Weather Tight, and All Season Weather Leathers trademarks for use in the footwear industry. Further, it operates brick and mortar retail stores, and eCommerce sites. The company sells its products to department stores, national chains, catalog and specialty retailers, independent retailers, uniform outlets, and mass merchant and government customers through retail stores, as well as through third-party licensees and distributors, and joint ventures. As of January 1, 2022, it operated 143 retail stores, as well as 65 consumer-direct eCommerce sites. Wolverine World Wide, Inc. was founded in 1883 and is based in Rockford, Michigan.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 6th 2025 | Telsey Advisory Group | Reiterated | Market Perform | $18← $29 |
| August 7th 2025 | Telsey Advisory Group | Reiterated | Market Perform | $29← $17 |
| May 16th 2025 | Argus | Upgrade | Buy | $20 |
| April 21st 2025 | Robert W. Baird | Upgrade | Outperform | $15 |
| December 11th 2024 | Stifel | Upgrade | Buy | $29← $21 |
| November 8th 2024 | Telsey Advisory Group | Reiterated | Market Perform | $23← $15 |
| October 3rd 2024 | Exane BNP Paribas | Upgrade | Outperform | $22 |
| August 23rd 2024 | Piper Sandler | Resumed | Overweight | $18 |
| August 8th 2024 | Telsey Advisory Group | Reiterated | Market Perform | $15← $14 |
| August 8th 2024 | KeyBanc Capital Markets | Upgrade | Overweight | $20 |
| July 19th 2024 | UBS | Upgrade | Buy | $20← $13 |
| May 9th 2024 | Telsey Advisory Group | Reiterated | Market Perform | $14← $10 |
| May 6th 2024 | Seaport Research Partners | Upgrade | Buy | $15 |
| February 7th 2024 | KeyBanc Capital Markets | Resumed | Sector Weight | - |
| August 11th 2023 | Exane BNP Paribas | Downgrade | Neutral | $9 |
Earnings History & Surprises
WWWEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 6, 2026 | — | — | — | — |
Q1 2026 | Feb 18, 2026 | $0.45 | — | — | — |
Q4 2025 | Nov 5, 2025 | $0.33 | $0.36 | +9.1% | ✓ BEAT |
Q3 2025 | Aug 6, 2025 | $0.23 | $0.35 | +52.2% | ✓ BEAT |
Q2 2025 | May 8, 2025 | $0.11 | $0.18 | +63.6% | ✓ BEAT |
Q1 2025 | Feb 19, 2025 | $0.41 | $0.42 | +2.4% | ✓ BEAT |
Q4 2024 | Nov 7, 2024 | $0.22 | $0.29 | +31.8% | ✓ BEAT |
Q3 2024 | Aug 7, 2024 | $0.12 | $0.15 | +25.0% | ✓ BEAT |
Q2 2024 | May 8, 2024 | $0.05 | $0.05 | 0.0% | = MET |
Q1 2024 | Feb 21, 2024 | $-0.25 | $-0.30 | -20.0% | ✗ MISS |
Q4 2023 | Nov 9, 2023 | $0.07 | $0.07 | 0.0% | = MET |
Q3 2023 | Aug 10, 2023 | $0.20 | $0.19 | -5.0% | ✗ MISS |
Q2 2023 | May 10, 2023 | $0.05 | $0.09 | +80.0% | ✓ BEAT |
Q1 2023 | Feb 22, 2023 | $-0.14 | $-0.15 | -7.1% | ✗ MISS |
Q4 2022 | Nov 9, 2022 | $0.55 | $0.48 | -12.7% | ✗ MISS |
Q3 2022 | Aug 10, 2022 | $0.64 | $0.66 | +3.1% | ✓ BEAT |
Q2 2022 | May 11, 2022 | $0.39 | $0.41 | +5.1% | ✓ BEAT |
Q1 2022 | Feb 23, 2022 | $0.41 | $0.41 | 0.0% | = MET |
Q4 2021 | Nov 10, 2021 | $0.61 | $0.62 | +1.6% | ✓ BEAT |
Q3 2021 | Jul 29, 2021 | $0.50 | $0.67 | +34.0% | ✓ BEAT |
Latest News
UBS Maintains Buy on Wolverine World Wide, Lowers Price Target to $28
📈 PositiveBaird Maintains Outperform on Wolverine World Wide, Lowers Price Target to $23
➖ NeutralKeybanc Maintains Overweight on Wolverine World Wide, Lowers Price Target to $24
➖ NeutralTelsey Advisory Group Maintains Market Perform on Wolverine World Wide, Lowers Price Target to $18
➖ NeutralWolverine World Wide shares extend losing streak on underwhelming guidance
📉 NegativeWolverine World Wide shares are trading lower after the company reported Q3 financial results and issued FY25 GAAP EPS guidance below estimates.
📉 NegativeTelsey Advisory Group Maintains Market Perform on Wolverine World Wide, Maintains $29 Price Target
➖ NeutralWolverine World Wide Raises FY2025 GAAP EPS Guidance from $0.95-$1.10 to $1.08-$1.13 vs $1.18 Est
➖ NeutralWolverine World Wide Raises FY2025 Adj EPS Guidance from $1.05-$1.20 to $1.29-$1.34 vs $1.33 Est; Raises FY2025 Sales Guidance from $1.795B-$1.825B to $1.855B-$1.870B vs $1.868B Est
📈 PositiveWolverine World Wide Q3 Adj. EPS $0.36 Beats $0.33 Estimate, Sales $470.300M Beat $462.967M Estimate
📈 PositiveTelsey Advisory Group Maintains Market Perform on Wolverine World Wide, Maintains $29 Price Target
➖ NeutralUBS Maintains Buy on Wolverine World Wide, Raises Price Target to $39
📈 PositiveStifel Maintains Buy on Wolverine World Wide, Raises Price Target to $36
📈 PositiveShares of apparel stocks are trading higher amid overall market strength after Fed Chair Powell said restrictive policy and shifting risks may warrant adjusting the Fed's stance.
📈 PositiveFrequently Asked Questions about WWW
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