Wolverine World Wide

Wolverine World Wide, Inc. engages in the design, manufacture, and sale of branded casual, active lifestyle, work, outdoor sport, athletic, uniform, footwear, and apparel. It operates through the following segments: Wolverine Michigan Group and Wolverine Boston Group. The Wolverine Michigan Group consists of Merrell, Cat, Chaco, Hush Puppies, Bates uniform, Harley-Davidson and Hytest safety footwear and apparel. The Wolverine Boston Group consists of Sperry, Saucony , Keds, and the Kids footwear business, which includes the Stride Rite licensed business, as well as kids' footwear offerings from Saucony, Sperry, Keds, Merrell, Hush Puppies, and Cat. The company was founded by G. A. Krause in 1883 and is headquartered in Rockford, MI.

Earnings data Q1 2021

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Earnings data Q4 2024

Wolverine World Wide reports strong revenue growth and strategic focus

Wolverine World Wide (WWW) showcased strong performance in its Active Group, with Merrell and Saucony driving revenue growth. While facing challenges with Sperry's underperformance, the company is focused on opportunities like expanding Saucony's market reach and innovating products for growth. With a strategic focus on cost reduction and brand portfolio review, WWW aims to improve financial metrics and generate operating free cash flow in 2023.

Wolverine World Wide reports robust Q1 growth and strategic focus

Wolverine World Wide's Q1 2023 showcased strong revenue growth, particularly in the active group and international markets. The company is strategically focusing on growth brands and operational improvements to drive future success. Challenges include revenue declines in certain segments and DTC channel slowdown.

Wolverine World Wide (WWW) faces revenue challenges but pursues brand-building strategies

Wolverine World Wide (WWW) is navigating challenges with urgency, bold actions, and a focus on brand building. The company is consolidating footwear brands, reducing inventory, and aiming for an improved operating margin in 2024. Emphasis on building durable and resilient brands to navigate the market environment.

Wolverine World Wide meets Q3 expectations, focuses on brand-building

Wolverine World Wide (WWW) reported steady performance in Q3, focusing on stabilizing and transforming the business for future growth.
Efforts to reduce costs and improve operational efficiency are expected to yield significant benefits in 2024.
Despite challenges in key markets, the company is strategically positioning itself for long-term success through brand-building and innovation.
Investments in consumer insights, product development, and cost-saving initiatives are key drivers for enhancing profitability and competitiveness.

Wolverine World Wide reports record gross margin outlook for 2024

Wolverine World Wide's Q4 2023 earnings call highlighted achievements in turnaround efforts, inventory reduction, and debt stabilization. The company is focused on brand building, operational efficiency, and profitability improvement. Revenue decline in 2024 is expected to be temporary, with growth anticipated in the second half of the year.

Wolverine World Wide (WWW) beats revenue expectations, focuses on growth

Wolverine World Wide (WWW) reported strong Q1 2024 earnings, exceeding revenue expectations and achieving record gross margins. The company's strategic focus on brand marketing, product innovation, and balance sheet strength through debt reduction is driving growth. Challenges in revenue guidance adjustments and inventory management are being addressed, while opportunities in expanding product categories and improving profitability are being pursued.

Wolverine Worldwide surpasses Q2 expectations, raises guidance amid growth focus

Wolverine Worldwide's Q2 2024 performance exceeded expectations, showcasing strong revenue, margin improvement, and debt reduction.
The company's strategic focus on brand management and consumer-centric growth has positioned it for continued success.
While challenges like market dynamics and supply chain disruptions persist, Wolverine Worldwide remains optimistic about its growth prospects.
By leveraging its strengths, addressing challenges, and seizing opportunities, Wolverine Worldwide aims to drive sustainable growth and brand relevance.

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Wolverine World Wide, Inc. engages in the design, manufacture, and sale of branded casual, active lifestyle, work, outdoor sport, athletic, uniform, footwear, and apparel. It operates through the following segments: Active Group & Work Group. The Active Group segment consists of Merrell footwear and apparel, Saucony footwear and apparel, Sweaty Betty activewear, and Chaco footwear. The Work Group segment consists of Wolverine footwear and apparel, Cat footwear, Bates uniform footwear, Harley-Davidson footwear and HYTEST safety footwear. The company was founded by G. A. Krause in 1883 and is headquartered in Rockford, MI.

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced that it expects to report its third quarter 2021 financial results on Wednesday, November 10, 2021, at approximately 6:30 a.m. ET. Following the press release, the Company will host a conference call at 8:30 a.m. ET to review results and discuss current business trends. The conference call will be broadcast live and accessible under “Webcasts & Presentations” in the Investor Relations section of www.wol

Wolverine Worldwide Announces Third Quarter 2021 Conference Call for November 10, 2021

LONDON, Oct. 22, 2021 /PRNewswire/ -- Sweaty Betty, global activewear and lifestyle brand, is thrilled to announce its second collaboration with Hollywood icon Halle Berry and her wellness brand, rē•spin. The fall drop of The rē•spin Edit focuses on effortless layers in time for the cozy season, with an understated color palette of soft greens, warm creams and deep, earthy blacks inspired by Halle's love of nature.

Sweaty Betty and Halle Berry's Best-Selling Collaboration: The rē•spin Edit is Back with a Fall Drop

WALTHAM, Mass.--(BUSINESS WIRE)--Last week in the Zollverein Coal Mine Industrial Complex in Essen, Germany, Saucony athletes took off into the night on an unconventional race in the new Saucony Endorphin Pro+. While an impressive, yet technical course that ran through the unique UNESCO World Heritage Site tested the competitors, the Endorphin Pro+ proved itself by helping break a world record and multiple athletes ran away with personal bests. Once one of the largest coal mines from the end of

Saucony's® New Endorphin Pro+ Sets the Pace for a World Record and Seven Personal Records in Germany

Among Wolverine's (WWW) sales channels, e-commerce is its steady key lever. Also, the company is benefiting from its robust portfolio of brands.

Wolverine's (WWW) Brand Strength, E-commerce Aid Customer Wins

Wolverine World Wide's stock, a designer, manufacturer, and marketer of casual shoes, rugged outdoor, and work footwear, has declined around 8% over the last twenty-one trading days (one month) and currently stands at near $33. It should be noted that the broader S&P500 returned a flat growth.

Wolverine World Wide Stock To Rebound After An 8% Decline?

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Among Wolverine's (WWW) sales channels, e-commerce is the constant key lever. Also, the company is benefiting from its robust portfolio of brands.

Wolverine (WWW) Appears Solid on E-commerce & Brand Strength

ROCKFORD, Mich. , Sept. 1, 2021 /PRNewswire/ -- Merrell, the leading outdoor performance and lifestyle brand, is joining forces with Big Brothers Big Sisters of America (BBBSA) and Big Brothers Big Sisters of Canada (BBBSC) to encourage friendly competition by tracking steps as a way to break down barriers and make the outdoors accessible to more youth.

Merrell® Launches 'Shared Steps' Challenge With Big Brothers Big Sisters To Help Youth Experience The Simple Power Of Being Outside

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ROCKFORD, Mich., Aug. 31, 2021 /PRNewswire/ -- Wolverine, the 138-year-old boot and clothing brand, and Ram Trucks, the brand that is "Built to Serve," have unveiled a one-of-a-kind collaboration in time for Labor Day to celebrate those in the skilled trades and the work ethic that it takes to succeed.

Wolverine and the Ram Truck Brand Celebrate Labor Day with the Launch of New Boot Collection Collaboration

ZEELAND, Mich., Aug. 27, 2021 /PRNewswire/ -- ODL, Inc., a leading building products supplier of decorative and clear doorglass and entry treatments, announces Ron Woznick as its new Chief Financial Officer, effective August 9, 2021.

'Shoe Guy' Joins Doorglass Company, ODL, Inc., as New Chief Financial Officer

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) (the “Company”) today provided an update on actions it has taken to increase the liquidity and flexibility of its capital structure, primarily through the sale of $550 million of 4.000% Senior Notes due 2029 (the “Notes”), which closed today. The Company used the net proceeds from the sale of the Notes, together with borrowings under its amended senior credit facility, to redeem all of its outstanding 5.000% Senior Notes d

Wolverine Worldwide Provides Update on Actions to Optimize Capital Structure

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) (the “Company”) today announced the pricing of its offering of $550 million aggregate principal amount of 4.000% Senior Notes due 2029 (the “Notes”). The Company intends to use the net proceeds from the offering, together with borrowings under its amended senior credit facility, to redeem all of its outstanding 5.000% Senior Notes due 2026 and 6.375% Senior Notes due 2025 and pay all related fees and expenses. The Notes wi

Wolverine Worldwide Announces Pricing of $550 Million of 4.000% Senior Notes

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE:WWW) (the “Company”) today announced that it is offering $550 million aggregate principal amount of Senior Notes due 2029 (the “Notes”), subject to market and other customary conditions. The Company intends to use the net proceeds from the offering, together with borrowings under its amended senior credit facility, to redeem all of its outstanding 5.000% Senior Notes due 2026 and 6.375% Senior Notes due 2025 and pay all related

Wolverine Worldwide Announces Offering of $550 Million of Senior Notes

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COLUMBUS, Ohio, Aug. 5, 2021 /PRNewswire/ -- Designer Brands Inc. (NYSE:DBI), one of North America's largest designers, producers and retailers of footwear and accessories, today announced exclusive distribution for Hush Puppies in North America, through partnership with Wolverine Worldwide (NYSE:WWW). This industry-forward initiative will make DSW Designer Shoe Warehouse the exclusive in-store distributor of Hush Puppies beginning in 2022, helping maintain DBI's retail presence throughout the U.S. and Canada, targeting ideal consumers and generating mutual brand growth and awareness.

DSW and Hush Puppies Announce Exclusive Wholesale Partnership

ROCKFORD, Mich.--(BUSINESS WIRE)--Hush Puppies, a division of Wolverine Worldwide (NYSE:WWW), and Designer Brands Inc. (NYSE:DBI), today announced an exclusive distribution partnership for Hush Puppies in North America. This industry-forward initiative will make DSW Designer Shoe Warehouse the exclusive in-store distributor of Hush Puppies by 2022, helping to expand Hush Puppies retail presence throughout the U.S. and Canada, targeting ideal consumers and generating mutual brand growth and awar

Hush Puppies & DSW Announce Exclusive Wholesale Partnership

Wolverine World Wide, Inc. (NYSE: WWW) recently announced a deal to buy Sweaty Betty for $410 million. These are the details.

Why Wolverine World Wide (WWW) Is Buying Sweaty Betty For $410 Million

Wolverine (WWW) acquires fitness and lifestyle brand, Sweaty Betty, in an all-cash transaction valued at $410 million.

Wolverine (WWW) Boosts Activewear With Sweaty Betty Buyout

Wolverine World Wide Inc. today said that it has acquired global fitness and lifestyle brand Sweaty Better in an all-cash transaction valued at $410 million.

Wolverine World Wide Acquires Sweaty Betty For $410 Million

Wolverine World Wide Inc. announced Tuesday that it has acquired British lifestyle brand Sweaty Betty in a $410 million all-cash deal. Wolverine funded the transaction with cash and credit.

Wolverine World Wide buys athletic brand Sweaty Betty in $410 million all-cash deal

GREENWICH, Conn., Aug. 3, 2021 /PRNewswire/ -- L Catterton, the largest global consumer-focused private equity firm, today announced it has sold its stake in Sweaty Betty, a global fitness and lifestyle brand on a mission to empower women, to Wolverine World Wide, Inc. (NYSE: WWW).

L Catterton Sells Stake in Sweaty Betty to Wolverine World Wide, Inc.

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW), which operates one of the world's largest portfolios of footwear and lifestyle brands, today announced that it has acquired Sweaty Betty®, a global fitness and lifestyle brand on a mission to empower women. The all-cash transaction is valued at approximately $410 million and closed on August 2, 2021. Founded in 1998, Sweaty Betty has quickly grown to become a global brand designed by women for women. It has cultivated a l

Wolverine Worldwide Acquires Women's Activewear Brand Sweaty Betty

Wolverine World Wide, Inc. (WWW) CEO Blake Krueger on Q2 2021 Results - Earnings Call Transcript

Strength on the direct-to-consumer platforms, strong owned stores revenues and an impressive brand performance aid Wolverine's (WWW) second-quarter results.

News for Wolverine World Wide Stock (WWW)