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Wolverine World Wide, Inc.

Wolverine World Wide, Inc.

NYSE•WWW
CEO: Mr. Christopher E. Hufnagel
Sector: Consumer Cyclical
Industry: Apparel - Footwear & Accessories
Listing Date: 1980-03-17
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.
Contact Information
9341 Courtland Drive N.E., Rockford, MI, 49351, United States
616-866-5500
www.wolverineworldwide.com
Market Cap
$1.46B
P/E (TTM)
16.8
31.4
Dividend Yield
2.2%
52W High
$32.80
52W Low
$9.58
52W Range
36%
Rank55Top 68.5%
3.0
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q3 2025 Data

Revenue

$470.30M+6.84%
4-Quarter Trend

EPS

$0.30+7.14%
4-Quarter Trend

FCF

$30.10M-71.08%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Revenue Growth Strong YTD Revenue reached $1.36B USD, marking a 7.7% increase over prior year period.
Profitability Surge YTD Net earnings attributable to WWW grew 189.6% YTD to $64.0M USD.
Gross Margin Expansion Q3 Gross Margin improved 240 basis points to 47.5% due to pricing and mix.
EPS Skyrockets Diluted EPS YTD hit $0.76 USD, reflecting 181.5% growth versus prior year.

Risk Factors

Inventory Accounting Change Switched domestic inventory from LIFO to FIFO in Q3 2025, requiring retrospective adjustment.
Operating Cash Flow Negative YTD cash used in operations was ($6.2M) USD, contrasting prior year's $97.7M provided.
Environmental Liabilities Risk Ongoing remediation costs related to PFAS/Tannery site remain difficult to estimate long-term.
Competition and Market Risks Inability to compete globally and respond to changing consumer footwear trends poses risk.

Outlook

Liquidity Secured New $600.0M Revolving Facility established September 2025; compliance with covenants maintained.
Capital Allocation Focus Excess cash flow expected to fund organic growth initiatives, debt reduction, and dividends.
No Share Repurchases Company did not repurchase common stock during the first three quarters of 2025 or 2024.
CEO Trading Plan Adopted CEO adopted 10b5-1 plan to sell up to 30,000 shares between December 2025 and 2026.

Peer Comparison

Revenue (TTM)

Under Armour, Inc.UAA
$5.05B
-6.5%
Marriott Vacations Worldwide CorporationVAC
$4.59B
-5.2%
Ermenegildo Zegna N.V.ZGN
$4.20B
+25.5%

Gross Margin (Latest Quarter)

Winmark CorporationWINA
97.1%
+0.1pp
Ermenegildo Zegna N.V.ZGN
67.5%
+1.1pp
Wolverine World Wide, Inc.WWW
47.5%
+2.2pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
SHOO$3.07B53.26.6%27.0%
LCII$2.97B16.713.0%37.9%
ZGN$2.61B23.410.6%38.0%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-1.7%
Flat Growth
4Q Net Income CAGR
0.7%
Profitability Slowly Improving
Cash Flow Stability
75%
Volatile Cash Flow

Research & Insights

Next earnings:Feb 18, 2026
|
EPS:$0.45
|
Revenue:-
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 27, 2025|Filed: Nov 6, 2025|
    Revenue: $470.30M+6.8%
    |
    EPS: $0.30+7.1%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Jun 28, 2025|Filed: Aug 7, 2025|
    Revenue: $474.20M+11.5%
    |
    EPS: $0.32+88.2%
    Beat
  • Form 10-Q - Q1 2025

    Period End: Mar 29, 2025|Filed: May 8, 2025|
    Revenue: $412.30M+4.4%
    |
    EPS: $0.13-168.4%
    Beat
  • Form 10-K - FY 2024

    Period End: Dec 28, 2024|Filed: Feb 20, 2025|
    Revenue: $1.76B-21.8%
    |
    EPS: $0.58+213.7%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 28, 2024|Filed: Nov 7, 2024|
    Revenue: $440.20M-16.6%
    |
    EPS: $0.28+154.5%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Jun 29, 2024|Filed: Aug 8, 2024|
    Revenue: $425.20M-27.8%
    |
    EPS: $0.17-43.3%
    Beat
  • Form 10-Q - Q1 2024

    Period End: Mar 30, 2024|Filed: May 8, 2024|
    Revenue: $394.90M-34.1%
    |
    EPS: $-0.19-182.6%
    Miss
  • Form 10-K - FY 2023

    Period End: Dec 30, 2023|Filed: Feb 22, 2024|
    Revenue: $2.24B-16.5%
    |
    EPS: $-0.51+78.5%
    Miss