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Consumer Cyclical - Apparel - Footwear & Accessories - NYSE - US
$ 21.79
-1.09 %
$ 1.74 B
Market Cap
-24.48
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one WWW stock under the base case scenario is HIDDEN Compared to the current market price of 21.8 USD, Wolverine World Wide, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart WWW

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FINANCIALS
2.24 B REVENUE
-16.46%
-68.2 M OPERATING INCOME
-51.24%
-39.2 M NET INCOME
79.27%
122 M OPERATING CASH FLOW
168.08%
172 M INVESTING CASH FLOW
214.29%
-246 M FINANCING CASH FLOW
-229.97%
440 M REVENUE
3.53%
35.2 M OPERATING INCOME
506.90%
24.3 M NET INCOME
77.37%
108 M OPERATING CASH FLOW
305.24%
5.2 M INVESTING CASH FLOW
15.56%
-121 M FINANCING CASH FLOW
-138.66%
Balance Sheet Decomposition Wolverine World Wide, Inc.
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Current Assets 1.03 B
Cash & Short-Term Investments 179 M
Receivables 231 M
Other Current Assets 615 M
Non-Current Assets 1.04 B
Long-Term Investments 1.8 M
PP&E 214 M
Other Non-Current Assets 821 M
Current Liabilities 869 M
Accounts Payable 206 M
Short-Term Debt 350 M
Other Current Liabilities 314 M
Non-Current Liabilities 893 M
Long-Term Debt 738 M
Other Non-Current Liabilities 155 M
EFFICIENCY
Earnings Waterfall Wolverine World Wide, Inc.
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Revenue 2.24 B
Cost Of Revenue 1.37 B
Gross Profit 872 M
Operating Expenses 941 M
Operating Income -68.2 M
Other Expenses -29 M
Net Income -39.2 M
RATIOS
38.90% GROSS MARGIN
38.90%
-3.04% OPERATING MARGIN
-3.04%
-1.77% NET MARGIN
-1.77%
-14.21% ROE
-14.21%
-1.92% ROA
-1.92%
-1.66% ROIC
-1.66%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Wolverine World Wide, Inc.
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Net Income -39.2 M
Depreciation & Amortization 35.1 M
Capital Expenditures -14.6 M
Stock-Based Compensation 15.2 M
Change in Working Capital 168 M
Others -17.2 M
Free Cash Flow 107 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Wolverine World Wide, Inc.
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Wall Street analysts predict an average 1-year price target for WWW of $15.7 , with forecasts ranging from a low of $11 to a high of $23 .
WWW Lowest Price Target Wall Street Target
11 USD -49.52%
WWW Average Price Target Wall Street Target
15.7 USD -28.01%
WWW Highest Price Target Wall Street Target
23 USD 5.55%
4. DIVIDEND ANALYSIS
0.59% DIVIDEND YIELD
0.1 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Wolverine World Wide, Inc.
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Sold
0-3 MONTHS
866 K USD 2
3-6 MONTHS
44.5 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 week ago
Nov 07, 2024
Sell 100 K USD
Klimek Amy M.
Chief Human Resources Officer
- 5107
19.66 USD
5 days ago
Nov 12, 2024
Sell 530 K USD
Klimek Amy M.
Chief Human Resources Officer
- 24000
22.07 USD
1 week ago
Nov 07, 2024
Sell 105 K USD
Klimek Amy M.
Chief Human Resources Officer
- 5107
20.56 USD
1 month ago
Sep 26, 2024
Sell 131 K USD
Latchana David A
Chief Legal Officer
- 7706
17.02 USD
5 months ago
May 28, 2024
Sell 44.5 K USD
Soriano Isabel
President, International Group
- 3201
13.89 USD
1 year ago
Aug 18, 2023
Bought 29.2 K USD
BOROMISA JEFFREY M
Director
+ 3500
8.35 USD
1 year ago
Aug 16, 2023
Bought 31.1 K USD
Stornant Michael D
EVP, CFO and Treasurer
+ 3800
8.19 USD
1 year ago
Jun 05, 2023
Sell 41.7 K USD
LAUDERBACK BRENDA J
Director
- 3050
13.68 USD
1 year ago
Feb 24, 2023
Bought 161 K USD
Long Nicholas T.
Director
+ 10000
16.13 USD
1 year ago
Dec 09, 2022
Bought 76.9 K USD
HOFFMAN BRENDAN
President and CEO
+ 7500
10.25 USD
1 year ago
Dec 09, 2022
Bought 26.2 K USD
Stornant Michael D
Senior VP, CFO and Treasurer
+ 2500
10.5 USD
1 year ago
Dec 09, 2022
Bought 1.05 M USD
BOROMISA JEFFREY M
Director
+ 100000
10.49 USD
2 years ago
Mar 08, 2022
Sell 105 K USD
BOROMISA JEFFREY M
director:
- 4788
22.02 USD
2 years ago
Mar 08, 2022
Bought 108 K USD
HOFFMAN BRENDAN
President and CEO
+ 5000
21.65 USD
2 years ago
Feb 28, 2022
Sell 116 K USD
LAUDERBACK BRENDA J
Director
- 4975
23.34 USD
3 years ago
Nov 17, 2021
Sell 102 K USD
Klimek Amy M.
Sr. VP of Human Resources
- 3000
34.04 USD
3 years ago
Nov 16, 2021
Sell 194 K USD
GERBER WILLIAM K
Director
- 5662
34.24 USD
3 years ago
Nov 16, 2021
Sell 362 K USD
Stornant Michael D
Senior VP, CFO and Treasurer
- 10608
34.1 USD
3 years ago
Nov 16, 2021
Sell 349 K USD
Stornant Michael D
Senior VP, CFO and Treasurer
- 10078
34.61 USD
3 years ago
Aug 10, 2021
Sell 117 K USD
GERBER WILLIAM K
Director
- 3140
37.33 USD
3 years ago
Nov 09, 2021
Sell 20.9 K USD
Klimek Amy M.
Sr. VP of Human Resources
- 550
38.01 USD
3 years ago
Nov 09, 2021
Sell 2.7 K USD
Klimek Amy M.
Sr. VP of Human Resources
- 71
38.01 USD
3 years ago
Nov 09, 2021
Sell 26.9 K USD
KRUEGER BLAKE W
CEO
- 709
38.01 USD
3 years ago
Nov 05, 2021
Sell 8.09 K USD
KRUEGER BLAKE W
CEO
- 213
38 USD
3 years ago
Nov 05, 2021
Sell 6.27 K USD
Klimek Amy M.
Sr. VP of Human Resources
- 165
38 USD
3 years ago
Nov 05, 2021
Sell 836 USD
Klimek Amy M.
Sr. VP of Human Resources
- 22
38 USD
3 years ago
Sep 07, 2021
Sell 81.4 K USD
HANSON KYLE
Sr. VP, Gen'l Counsel & Sec'y
- 2231
36.5 USD
3 years ago
Aug 10, 2021
Sell 1.6 M USD
ZWIERS JAMES D
Executive Vice President
- 43355
36.82 USD
3 years ago
Aug 11, 2021
Sell 20.4 K USD
ZWIERS JAMES D
Executive Vice President
- 556
36.75 USD
3 years ago
Aug 10, 2021
Sell 2.58 M USD
ZWIERS JAMES D
Executive Vice President
- 70003
36.92 USD
3 years ago
Aug 11, 2021
Sell 103 K USD
ZWIERS JAMES D
Executive Vice President
- 2806
36.76 USD
3 years ago
Aug 10, 2021
Sell 860 K USD
ZWIERS JAMES D
Executive Vice President
- 23287
36.92 USD
3 years ago
Aug 11, 2021
Sell 11.1 K USD
ZWIERS JAMES D
Executive Vice President
- 302
36.75 USD
3 years ago
Aug 10, 2021
Sell 277 K USD
ZWIERS JAMES D
Executive Vice President
- 7500
36.92 USD
3 years ago
Aug 10, 2021
Sell 116 K USD
GERBER WILLIAM K
Director
- 3104
37.33 USD
3 years ago
Jun 08, 2021
Sell 92.2 K USD
HANSON KYLE
Sr. VP, Gen'l Counsel & Sec'y
- 2544
36.25 USD
3 years ago
May 18, 2021
Sell 211 K USD
Long Nicholas T.
Director
- 5470
38.65 USD
3 years ago
May 14, 2021
Sell 115 K USD
GERBER WILLIAM K
Director
- 3000
38.34 USD
3 years ago
May 14, 2021
Sell 482 K USD
JEPPESEN MICHAEL
Pres, Global Ops Group
- 12363
38.96 USD
7. News
Wolverine Worldwide Opens Boston Innovation Hub to Accelerate Product Design and Development ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced the opening of a new global Innovation Hub on 90 Causeway Street in Boston, Massachusetts. “Boston is an amazing city with a deep connection to our brands and exceptional design and footwear talent, and we are excited to open our first global Innovation Hub in the heart of downtown,” said Chris Hufnagel, President and Chief Executive Officer of Wolverine Worldwide. “With this Innovation Hub, our team of des. businesswire.com - 2 days ago
Bull of the Day: Wolverine World Wide (WWW) A big earnings beat has this stock continuing its strong move higher. zacks.com - 4 days ago
Wolverine Hits a New 52-Week High: How Should You Play the Stock Now? WWW's solid growth, brand revitalization and streamlined operations contribute to impressive market gains, indicating stability and strong return potential. zacks.com - 4 days ago
Best Income Stocks to Buy for November 11th PBI, KGC and WWW made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 11, 2024. zacks.com - 5 days ago
Wolverine World Wide, Inc. (WWW) Q3 2024 Earnings Call Transcript Wolverine World Wide, Inc. (NYSE:WWW ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Alex Wiseman - VP, Finance Chris Hufnagel - President and CEO Taryn Miller - EVP and CFO Conference Call Participants Laurent Vasilescu - BNP Paribas Ashley Owens - KeyBanc Capital Markets Mitch Kummetz - Seaport Research Jim Duffy - Stifel Sam Poser - Williams Trading Anna Andreeva - Piper Sandler Mauricio Serna - UBS Operator Good day, everyone, and welcome to today's Wolverine Worldwide Third Quarter Fiscal 2024 Earnings Call. At this time, all participants are in a listen-only mode. seekingalpha.com - 1 week ago
Wolverine World Wide: Priced For 2x Margins, Mid-Single Digit Growth, Too Optimistic Wolverine World Wide, Inc.'s 3Q24 results show sequential improvement, with adjusted revenues down 7% YoY and margins improving due to lower promotions and OpEx reductions. Merrell posted its first positive quarter in a long time, while Saucony and workwear segments faced challenges, impacting overall brand performance. Valuation appears optimistic given Wolverine's historical struggles with growth and margins, making the current stock price risky without proven turnaround success. seekingalpha.com - 1 week ago
Wolverine's Q3 Earnings Beat, Merrell Brand Revenues Up 1.4% Y/Y WWW posts better-than-expected revenues and earnings in the third quarter of 2024, led by strength in the Merrell and Saucony brands coupled with gains from its turnaround plans. zacks.com - 1 week ago
Chaco Introduces the All-New Comfort-First, Lightweight CushZ Sandal ROCKFORD, Mich. , Nov. 7, 2024 /PRNewswire/ -- Chaco, the outdoor footwear brand born on the river and renowned for its performance sandals, today launched its latest sandal innovation engineered for lightweight comfort. prnewswire.com - 1 week ago
Wolverine World Wide (WWW) Q3 Earnings and Revenues Top Estimates Wolverine World Wide (WWW) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.07 per share a year ago. zacks.com - 1 week ago
Wolverine Worldwide Reports 2024 Third Quarter Revenue and Earnings Above Guidance ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for the third quarter ended September 28, 2024. “In the third quarter, we delivered better-than-expected revenue and earnings – led by Merrell and Saucony outpacing our forecast – as we continue to make progress on our plan to turnaround and transform the Company for the future,” said Chris Hufnagel, President and Chief Executive Officer of Wolverine Worldwide. “We drove another quarter of. businesswire.com - 1 week ago
Is Wolverine World Wide (WWW) Stock Undervalued Right Now? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. zacks.com - 1 week ago
These 2 Consumer Discretionary Stocks Could Beat Earnings: Why They Should Be on Your Radar The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now. zacks.com - 1 week ago
8. Profile Summary

Wolverine World Wide, Inc. WWW

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COUNTRY US
INDUSTRY Apparel - Footwear & Accessories
MARKET CAP $ 1.74 B
Dividend Yield 0.59%
Description 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.
Contact 9341 Courtland Drive N.E., Rockford, MI, 49351 https://www.wolverineworldwide.com
IPO Date March 17, 1980
Employees 4100
Officers Ms. Dee Slater Chief Information Officer & Senior Vice President of Central Services Mr. Thomas M. Kennedy President of the Work Group Ms. Taryn Miller Chief Financial Officer Mr. Pallav Tamaskar Chief Marketing Officer Ms. Melissa Mullen Global Brand President of Sweaty Betty Ms. Amy M. Klimek Chief Human Resources Officer Ms. Isabel Soriano President of International Group Mr. Christopher E. Hufnagel Chief Executive Officer, President & Director Mr. David Latchana Chief Legal Officer & Corporate Secretary Ms. Sumi Scott Chief Merchant Officer of Merrell