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Wolverine World Wide, Inc. (WWW)

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17.24 -0.55 (-3.09%)
At close: October 7 at 4:00 PM EDT
16.92 -0.32 (-1.86%)
After hours: October 7 at 7:32 PM EDT
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DELL
  • Previous Close 17.79
  • Open 17.80
  • Bid 17.29 x 800
  • Ask 17.30 x 800
  • Day's Range 17.14 - 18.00
  • 52 Week Range 7.21 - 18.51
  • Volume 1,562,373
  • Avg. Volume 1,320,142
  • Market Cap (intraday) 1.379B
  • Beta (5Y Monthly) 1.78
  • PE Ratio (TTM) --
  • EPS (TTM) -1.05
  • Earnings Date Nov 7, 2024 - Nov 11, 2024
  • Forward Dividend & Yield 0.40 (2.25%)
  • Ex-Dividend Date Oct 1, 2024
  • 1y Target Est 18.22

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 shoes, boots and sandals under the Bates, Cat, Chaco, Harley-Davidson, Hush Puppies, Hytest, Merrell, Saucony, Sperry, Keds, Sweaty Betty, and Wolverine brands; and licenses under the Stride Rite brand. 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; and Wolverine branded eyewear and gloves. In addition, the company markets pigskin leather under the Wolverine Leather division; sourcing division provides consulting services related to product development, production control, quality assurance, materials procurement, compliance, and other service; and multi-brand direct-to-consumer division includes retail stores that sell footwear and apparel of its brand portfolio. Further, it 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, third-party licensees and distributors, and joint ventures; and operates brick and mortar retails stores, and e-commerce sites. Additionally, the company operates through a network of retail stores and e-commerce sites. Wolverine World Wide, Inc. was founded in 1883 and is headquartered in Rockford, Michigan.

www.wolverineworldwide.com

4,100

Full Time Employees

December 30

Fiscal Year Ends

Recent News: WWW

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Performance Overview: WWW

Trailing total returns as of 10/7/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

WWW
98.26%
S&P 500
19.42%

1-Year Return

WWW
127.02%
S&P 500
32.20%

3-Year Return

WWW
37.64%
S&P 500
30.53%

5-Year Return

WWW
29.47%
S&P 500
92.95%

Compare To: WWW

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: WWW

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Valuation Measures

Annual
As of 10/4/2024
  • Market Cap

    1.42B

  • Enterprise Value

    2.24B

  • Trailing P/E

    --

  • Forward P/E

    13.18

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    0.76

  • Price/Book (mrq)

    5.43

  • Enterprise Value/Revenue

    1.20

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -4.42%

  • Return on Assets (ttm)

    -0.65%

  • Return on Equity (ttm)

    -25.01%

  • Revenue (ttm)

    1.87B

  • Net Income Avi to Common (ttm)

    -83.2M

  • Diluted EPS (ttm)

    -1.05

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    148.3M

  • Total Debt/Equity (mrq)

    357.66%

  • Levered Free Cash Flow (ttm)

    204.71M

Research Analysis: WWW

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 425.2M
Earnings 14.2M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

14.00 Low
18.22 Average
17.24 Current
22.00 High
 

Company Insights: WWW

Research Reports: WWW

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  • Better-than-expected quarter

    Wolverine World Wide Inc., based in Rockford, Michigan, designs, manufactures and markets footwear and slippers in the branded casual, active lifestyle, work, outdoor sport and uniform categories. Wolverine's brands include Bates, Cat Footwear, Chaco, Harley-Davidson Footwear, Hush Puppies, HYTEST, Merrell, Saucony, Stride Rite, Sweaty Betty, and the eponymous Wolverine. The company does business in about 180 countries.

    Rating
    Price Target
     
  • U.S. stocks headed higher on Thursday following positive economic data. Retail

    U.S. stocks headed higher on Thursday following positive economic data. Retail sales rose 1%, above expectations for a 0.4% gain. Weekly jobless claims fell again this week to 227,000. The S&P 500 was up 1.6%, the Dow gained 1.4% and the Nasdaq rose 2.3%.

     
  • Maintaining HOLD

    Wolverine World Wide Inc., based in Rockford, Michigan, designs, manufactures and markets footwear and slippers in the branded casual, active lifestyle, work, outdoor sport and uniform categories. Wolverine's brands include Bates, Cat Footwear, Chaco, Harley-Davidson Footwear, Hush Puppies, HYTEST, Merrell, Saucony, Stride Rite, Sweaty Betty, and the eponymous Wolverine. The company does business in about 180 countries.

    Rating
    Price Target
     
  • At midday, the major benchmarks are modestly higher, with individual stocks

    At midday, the major benchmarks are modestly higher, with individual stocks moving on earnings news. The yield on the benchmark 10-year Treasury note is two basis points higher at 4.44%. Crude oil is up at $80 per barrel. Gold is also up, while Bitcoin is down.

     

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