WWW - Wolverine World Wide, Inc.

NYSE - NYSE Delayed Price. Currency in USD
24.44
+0.61 (+2.56%)
At close: 4:02PM EDT

24.44 0.00 (0.00%)
After hours: 4:51PM EDT

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Previous Close23.83
Open23.65
Bid24.36 x 800
Ask24.37 x 800
Day's Range23.49 - 24.50
52 Week Range23.05 - 39.77
Volume1,302,254
Avg. Volume831,532
Market Cap2.169B
Beta (3Y Monthly)1.51
PE Ratio (TTM)12.23
EPS (TTM)2.00
Earnings DateNov 5, 2019 - Nov 11, 2019
Forward Dividend & Yield0.40 (1.52%)
Ex-Dividend Date2019-06-28
1y Target Est33.00
Trade prices are not sourced from all markets
  • Wolverine Donates 100% of Proceeds from New Boot, the Journeyman, to Skilled Trade Workers this Labor Day
    PR Newswire

    Wolverine Donates 100% of Proceeds from New Boot, the Journeyman, to Skilled Trade Workers this Labor Day

    ROCKFORD, Mich., Aug. 20, 2019 /PRNewswire/ -- This Labor Day Wolverine celebrates the launch of its new boot, the Journeyman, by donating 100% of the proceeds of the exclusive Iron Grey Journeyman boot to the American College of the Building Arts (ACBA) in Charleston, SC. Designed with insights and inspiration from trade school students and teachers from the ACBA, this new boot is made by tradespeople, for tradespeople.

  • Read This Before Buying Wolverine World Wide, Inc. (NYSE:WWW) Shares
    Simply Wall St.

    Read This Before Buying Wolverine World Wide, Inc. (NYSE:WWW) Shares

    We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is...

  • Thomson Reuters StreetEvents

    Edited Transcript of WWW earnings conference call or presentation 7-Aug-19 12:30pm GMT

    Q2 2019 Wolverine World Wide Inc Earnings Call

  • Wolverine's (WWW) Q2 Earnings Beat Estimates, Revenues Miss
    Zacks

    Wolverine's (WWW) Q2 Earnings Beat Estimates, Revenues Miss

    Wolverine's (WWW) Q2 results hurt by tough retail market conditions. However, strong e-commerce business and growth across certain brands are tailwinds.

  • Wolverine World Wide (WWW) Q2 2019 Earnings Call Transcript
    Motley Fool

    Wolverine World Wide (WWW) Q2 2019 Earnings Call Transcript

    WWW earnings call for the period ending June 30, 2019.

  • GlobeNewswire

    Wolverine World Wide Reports Strong Second Quarter Earnings and Updates Full-Year Outlook

    ROCKFORD, Mich., Aug. 07, 2019 -- Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for the second quarter ended June 29, 2019. The Company also provided.

  • Benzinga

    Wolverine World Wide's Q2 Earnings Outlook

    Wolverine World Wide (NYSE: WWW ) unveils its next round of earnings this Wednesday, August 7. Get prepared with Benzinga's ultimate preview for Wolverine World Wide's Q2 earnings. Earnings and Revenue ...

  • GlobeNewswire

    Wolverine World Wide Declares Quarterly Dividend

    ROCKFORD, Mich., Aug. 01, 2019 -- Wolverine World Wide, Inc. (NYSE: WWW) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share.

  • Wolverine (WWW) to Post Q2 Earnings: What's in the Offing?
    Zacks

    Wolverine (WWW) to Post Q2 Earnings: What's in the Offing?

    Wolverine (WWW) is on track with its WAY FORWARD transformation and e-commerce business. However, the company is exposed to currency woes, which is likely to persist in the second quarter.

  • Here's Why Wolverine World Wide (NYSE:WWW) Can Manage Its Debt Responsibly
    Simply Wall St.

    Here's Why Wolverine World Wide (NYSE:WWW) Can Manage Its Debt Responsibly

    Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

  • GlobeNewswire

    Wolverine World Wide Announces Second Quarter 2019 Conference Call for August 7, 2019

    ROCKFORD, Mich., July 24, 2019 -- Wolverine World Wide, Inc. (NYSE: WWW) today announced that it expects to report its second quarter 2019 financial results on Wednesday,.

  • Wolverine World Wide, Inc. (NYSE:WWW): Commentary On Fundamentals
    Simply Wall St.

    Wolverine World Wide, Inc. (NYSE:WWW): Commentary On Fundamentals

    As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I...

  • Benzinga

    Wolverine World Wide Sees Price Target Cut Amid Weak Demand For Sperry Boat Shoes

    Wolverine World Wide, Inc. (NYSE: WWW ) received a price target cut due to continued softness surrounding the brands Sperry boat shoe segment. The Analyst Wedbush analyst Christopher Svezia maintains an ...

  • MarketWatch

    Wolverine price target trimmed as Sperry boat shoes fall out of fashion

    Wedbush analysts trimmed the price target for Wolverine World Wide Inc. to $35 from $38 based on the decline in popularity of Sperry's iconic boat shoes. Sperry, Saucony and Keds are among the brands in the Wolverine portfolio. "After our recent meetings with the president of Sperry and the CFO, and follow up conversations with the company, it seems as if demand for boat shoes may have been more tepid," Wedbush wrote. "While largely expected down double-digits, Sperry boat shoes saw deeper pressure in May while stronger selling Saltwater Duck boots are expected in 3Q." Saltwater boots are another Sperry style that have reached instantly-recognizable status. Wedbush maintained its outperform rating. "Management remains confident in the sales and margin outlook for 2H19 given on hand orders (in some cases in excess of the planned revenue growth) for Sperry boots and new Merrell product introductions, e-commerce growth (+20%), and gains from Saucony Italy." Wolverine's stock has fallen 15.3% in 2019 while the S&P 500 index has gained 17.6%

  • Were Hedge Funds Right About Flocking Into Wolverine World Wide, Inc. (WWW) ?
    Insider Monkey

    Were Hedge Funds Right About Flocking Into Wolverine World Wide, Inc. (WWW) ?

    Hedge funds are not perfect. They have their bad picks just like everyone else. Facebook, a stock hedge funds have loved dearly, lost nearly 40% of its value at one point in 2018. Although hedge funds are not perfect, their consensus picks do deliver solid returns, however. Our data show the top 20 S&P 500 […]

  • GuruFocus.com

    Royce Funds Commentary: Lauren Romeo on 4 Quality Cyclicals

    By Portfolio Manager and Principal Lauren Romeo, CFA

  • Markit

    See what the IHS Markit Score report has to say about Wolverine World Wide Inc.

    Wolverine World Wide Inc NYSE:WWWView full report here! Summary * Bearish sentiment is moderate and increasing Bearish sentimentShort interest | NeutralShort interest is moderate for WWW with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on June 12. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold WWW had net inflows of $1.20 billion over the last one-month. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • The Wolverine World Wide (NYSE:WWW) Share Price Is Up 40% And Shareholders Are Holding On
    Simply Wall St.

    The Wolverine World Wide (NYSE:WWW) Share Price Is Up 40% And Shareholders Are Holding On

    While Wolverine World Wide, Inc. (NYSE:WWW) shareholders are probably generally happy, the stock hasn't had...

  • Why Is Wolverine (WWW) Down 10.2% Since Last Earnings Report?
    Zacks

    Why Is Wolverine (WWW) Down 10.2% Since Last Earnings Report?

    Wolverine (WWW) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • InvestorPlace

    7 Stocks to Buy As They Hit 52-Week Lows

    It's amazing what a couple of good trading days can do for a lousy stock market. When I thought about doing an article about stocks to buy hitting 52-week lows recently, a quick search of companies with a market cap of $2 billion or more revealed a total of 124 hitting 52-week lows.Fast forward three days later and there's only 22 stocks hitting 52-week lows according to Finviz.com.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNow, I'm as game as the next person when it comes to picking possible stocks to buy, but given I'm attempting to choose one stock from seven different sectors, 22's not going to cut it. * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% Therefore, to ensure I've got better options from as many sectors as possible, I've relaxed the qualifier to those companies trading within 5% of a stock's 52-week low. By doing so, I get a total of 120 stocks with a least one choice from eight different sectors, making the options a lot more palatable. Methanex (MEOH)As I write this, Methanex (NASDAQ:MEOH) is trading within seven cents of its 52-week low of $41.39, which is more than half its 52-week high of $83.23. Methanex is one of the world's largest producers of methanol which its customers to use to make everything from adhesives to windshield washer fluid. It also sells methanol to oil refiners who turn it into a high-octane fuel. Based in Vancouver, B.C., the company expects strong demand for methanol over the next four years with a growing piece of its business going to companies converting methanol to olefins which can then be turned into polyolefins, which are used to make all kinds of plastics. In late April, Raymond James analyst Steve Hansen suggested to clients that they consider Methanex stock because of its steep decline in price. Hansen's got an $80 price target and an outperform rating on it. "We continue to recommend that investors accumulate MEOH shares based upon our constructive view on improving methanol fundamentals, the company's robust associated free cash flow profile, and the stock's attractive valuation," Hansen stated.Trading at a level it hasn't seen since June 2017, if the economy holds, MEOH is a bargain. Wolverine World Wide (WWW) Source: Brubastos via Flickr (modified)Wolverine World Wide (NYSE:WWW) is trading within 38 cents of its 52-week low of $27.64, which is 31% below its 52-week high of $39.77. Wolverine, known for footwear brands such as Keds, Hush Puppies, Skechers, Sperry, and many more, is having a tough time dealing with tariffs on the Chinese shoes it imports. It recently asked the Trump government to reconsider increasing these tariffs as it would mean American households would be paying as much as a 100% duty on shoes imported from China. "While U.S. tariffs on all consumer goods average just 1.9 percent, they average 11.3 percent for footwear and reach rates as high as 67.5 percent. Adding a 25 percent tax increase on top of these tariffs would mean some working American families could pay a nearly 100 percent duty on their shoes," the letter stated. * 5 Healthcare Stocks to Pick Up From the Wreckage While the near term doesn't look good for the Michigan company, it still anticipates revenue growth in the low-to-mid-single digits in 2019. Despite all the tariff troubles, it estimates adjusted earnings per share will be at least $2.20, which means it is currently trading at less than 13 times its forward earnings. By comparison, Nike (NYSE:NKE) trades at almost 27 times its forward earnings. Simon Property Group (SPG)Source: m01229 via Flickr (Modified)Simon Property Group (NYSE:SPG) is trading within 2% of its 52-week low of $159.69, which is 17% below its 52-week high of $191.41.Recently, a group by the name of Peer & Peri LLC made a mini-tender offer to purchase up to 20,000 of the mall owner's shares at a 21% discount to the $178.11 share price at the commencement of the offer on May 6. Down 8% since the offer was disclosed, it expired on June 6 at 5 p.m. Although Simon put out a statement recommending shareholders reject the below-market mini-tender offer, these things are intended to catch investors off guard, prompting them to mistakenly sell their shares at a discount. If you Google "Peer & Peri LLC," you will see that it happens to a lot of reputable companies. I'm not sure why it's allowed to happen, but it is. Forbes contributor Sanford Stein, who's spent four decades studying retail, recently made a great observation about Simon."David Simon knows this stuff. That's why he is CEO of the largest mall developer in the country, with over 200 of the best remaining malls. It's also quite likely that when the 1,300 or so malls that exist today are reduced to 500 or 600, in say the next decade, Simon Property Group will still own and manage the best ones," Stein wrote May 14. I like the idea of getting SPG stock at $140 a share, but I wouldn't recommend you try to do it the Peer & Peri LLC way. CVS Health (CVS)Source: Mike Mozart via FlickrCVS Health (NYSE:CVS) is trading within 5% of its 52-week low of $51.72, which is 37% below its 52-week high of $82.15. CVS held its annual investor day June 4; a day in which CEO Larry Merlo spent most of his time assuring shareholders that its acquisition of Aetna would pay dividends in the long run despite the apparent near-term difficulties. Merlo sees the company generating double-digit sales growth in 2022 once the $70-billion purchase is fully integrated. CVS is building a vertically integrated health business that provides everything from insurance, prescription drug benefits, healthcare services, and retail drugstores. It expects to find at least $300 million in synergies in 2019 and $800 million in 2020. "Keep in mind we're in the early innings of our transformational journey," Merlo told investors. "This will be a multi-year journey with benefits building over time as we continue to build and refine new programs to better serve the needs of our stakeholders."I'm normally not a fan of large acquisitions, but given how incredibly dysfunctional the U.S. healthcare sector is, anything that reduces the cost while maintaining profitability, is bound to do well in the long run. * 7 Stocks to Buy That Don't Care About Tariffs Take advantage of the uncertainty to get a well-run company at a very reasonable price. Pentair (PNR)Source: HereStanding via Flickr (Modified)Pentair (NYSE:PNR) is trading within 3% of its 52-week low of $34.72, which is 25% below its 52-week high of $46.00.Pentair became a pure-play water company in April 2018 when it spun-off nVent Electric (NYSE:NVT), its electrical connection and solution company. As a result, Pentair now has three water-related businesses only: aquatic systems, filtration solutions, and flow technologies. Given the importance of water in our world, the hiving off of its electrical business allows Pentair to focus entirely on water technology.Although the company's first-quarter core revenues were down 4% over the same time last year and its adjusted earnings per share fell 12%, it still expects to report adjusted EPS of at least $2.30 in 2019, which means it's currently trading at less than 11 times its 2019 earnings. Furthermore, with three operating segments generating almost identical revenues, it's got downside protection built right into its business model. Should a recession come to pass, it won't be overly reliant on a single segment for sales. It's not a sexy business, but it's got an excellent 2.9% dividend yield to get paid until its growth initiatives take hold. Urban Outfitters (URBN)Source: Shutterstock Urban Outfitters (NASDAQ:URBN) is trading within 4% of its 52-week low of $22.19, which is 58% below its 52-week high of $52.50.Urban Outfitters has several issues that have brought its stock to its news in the past year. They include deteriorating business trends, difficult same-store sales comparisons, product issues at its Urban Outfitters brand, including a slowdown in women's apparel, and finally, a serious concern about tariffs on Chinese imports. That said, it continues to be one of the most financially sound retailers that's publicly traded. It finished the first quarter (April 30 quarter end) with no debt, $520 million in cash, and $447 million in free cash flow. Free cash flow yield is one of the metrics I use for non-financials to evaluate the relative value of a stock. In the case of URBN, it has an FCF yield of 23% based on an enterprise value of $1.94 billion. * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% As long as it continues to deliver positive same-store sales growth, $23 ought to appear very cheap to investors. Citrix (CTXS)Source: Shutterstock Citrix Systems (NASDAQ:CTXS) is trading within 3% of its 52-week low of $93.12, which is 20% below its 52-week high of $116.82.Citrix, known for its on-premise software for making companies more productive, is moving to the cloud and subscription-based software offerings. The transformation is aimed at creating a platform that provides large enterprises with a hybrid cloud that can grow and adapt based on their needs. Change is always tricky, and while the transformation is expected to take several years, CEO David Henshall insists that it's the right thing to do for customers, employees, and shareholders. Citrix's Intelligent Workspace is a platform for company applications that operate intelligently to improve productivity. The company's goal is to provide enough productivity improvements through its platform to give users back one day of their work week lost to moving between applications. If you look at its revenues for the first quarter ended March 31, you'll see that Citrix's subscription revenues increased by 37% over a year earlier accounting for 19.7% of its overall revenue, 490 basis points higher than a year earlier. As it invests in research and development for the Intelligent Workspace, its subscription revenues will continue to grow at a double-digit pace. Down from its all-time high of $116.82, if it drops below $90, you're getting a terrific deal. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% * 7 Stocks to Buy That Don't Care About Tariffs * 5 Healthcare Stocks to Pick Up From the Wreckage Compare Brokers The post 7 Stocks to Buy As They Hit 52-Week Lows appeared first on InvestorPlace.

  • Moody's

    Wolverine World Wide, Inc. -- Moody's announces completion of a periodic review of ratings of Wolverine World Wide, Inc.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Wolverine World Wide, Inc. New York, June 07, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Wolverine World Wide, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Saucony Launches New Global Brand Platform: "Run for Good"
    PR Newswire

    Saucony Launches New Global Brand Platform: "Run for Good"

    WALTHAM, Mass., June 4, 2019 /PRNewswire/ -- Saucony, a leading global performance running and lifestyle brand, announces a new global brand platform: Run for Good™. The official shoe of the Run for Good Relay is the Ride ISO2.

  • Trump's tariffs are 'a bit like Herbert Hoover’s policies on steroids': Columbia Sportswear EVP
    Yahoo Finance

    Trump's tariffs are 'a bit like Herbert Hoover’s policies on steroids': Columbia Sportswear EVP

    Shoe retailers are stepping into the trade war as many footwear brands are warning President Donald Trump of the potentially “catastrophic” effects tariffs could have on consumers.