WWW - Wolverine World Wide, Inc.

NYSE - NYSE Delayed Price. Currency in USD
27.66
-0.75 (-2.64%)
At close: 4:02PM EST
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Previous Close28.41
Open28.56
Bid27.70 x 1000
Ask36.00 x 1000
Day's Range27.44 - 29.80
52 Week Range23.05 - 37.58
Volume835,904
Avg. Volume435,942
Market Cap2.218B
Beta (5Y Monthly)1.04
PE Ratio (TTM)15.11
EPS (TTM)1.83
Earnings DateMay 06, 2020 - May 10, 2020
Forward Dividend & Yield0.40 (1.23%)
Ex-Dividend DateMar 30, 2020
1y Target Est33.75
  • Thomson Reuters StreetEvents

    Edited Transcript of WWW earnings conference call or presentation 25-Feb-20 1:30pm GMT

    Q4 2019 Wolverine World Wide Inc Earnings Call

  • Wolverine (WWW) Q4 Earnings In Line, Covid-19 Mars 2020 View
    Zacks

    Wolverine (WWW) Q4 Earnings In Line, Covid-19 Mars 2020 View

    Wolverine (WWW) posts mixed fourth-quarter 2019 results. The top line is expected to bear the coronavirus brunt to the tune of roughly $30 million.

  • Coronavirus update: 80,238 cases, 2,700 deaths; CDC warns Americans to prepare for disruption
    MarketWatch

    Coronavirus update: 80,238 cases, 2,700 deaths; CDC warns Americans to prepare for disruption

    An official at the Centers for Disease Control and Prevention (CDC) on Tuesday said Americans should prepare for COVID-19 to spread in their communities and cause disruption after Iran, Italy and South Korea reported a rapid uptick in the number of people who have been sickened.

  • Merrell and Sperry Parent Braces for $30 Million Sales Hit Due to Coronavirus
    Footwear News

    Merrell and Sperry Parent Braces for $30 Million Sales Hit Due to Coronavirus

    Wolverine World Wide Inc. is the latest retailer to brace for a potential coronavirus impact.The Rockford, Mich.-based firm today released its initial revenue and earnings outlook for the full year, adjusting for a possible dent to its business due to the deadly outbreak that has claimed 2,700 lives and infected more than 80,000 people around the world.The Merrell and Sperry parent expects sales in the range of $2.29 billion to $2.34 billion, including a revenue loss of roughly $30 million in the first half of 2020. (Constant currency revenue growth is expected to be 3.5%, or 4.5% excluding the anticipated coronavirus impact.) It also predicted adjusted diluted earnings per share in the region of $2.25 to $2.40, representing a negative estimated impact of 10 cents related to foreign currency and 10 cents related to the coronavirus.In recent years, Wolverine has diversified its supply chain away from China: This year, the country is expected to account for less than 20% of its global production — down from about 40% in fiscal 2019."The company is continuing to monitor and adjust to the fluid coronavirus situation and recognizes that there could be additional future impact to the global supply chain or customer demand," it wrote in its latest financial report.Wolverine finished off the fourth quarter on a mixed note. It posted adjusted earnings per share that rose 13.5% to 59 cents, beating analysts' expectations of 58 cents. Revenues, however, missed forecasts, rising 4.8% to $607.4 million, compared with Wall Street's bets of $614.23 million.In a statement, chairman, CEO and president Blake Krueger said, "Our fourth-quarter revenues were highlighted by mid-teens growth from our largest brands, Merrell and Sperry; acceleration in our digital-direct DTC offense; and improved international expansion. I am pleased with our performance in fiscal 2019 and proud of our team's efforts that contributed to another record year."As of 11:45 a.m. ET, Wolverine's stock was down 1.7% to $29.29.Want more?Industry Moves: Sperry and Wolverine Have New Global Presidents \+ MoreWolverine Q3 Profits Beat Forecasts; Company Braces for Tariff ImpactHire Up: Wolverine Worldwide's Chief Merchant Officer Angelo Ng Combines His Knowledge of Shoes and ApparelMore from Footwear News * 3 Things to Know About Sperry's New Global President * Sleek Venetian-Style Loafers for Men * John Legend Is Teaming Up With Sperry

  • Wolverine World Wide (WWW) Meets Q4 Earnings Estimates
    Zacks

    Wolverine World Wide (WWW) Meets Q4 Earnings Estimates

    Wolverine (WWW) delivered earnings and revenue surprises of 0.00% and -1.05%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

  • MarketWatch

    Wolverine World Wide tops profit expectations, but sales miss and outlook is downbeat including coronavirus impact

    Branded shoe seller Wolverine World Wide Inc. , which brands include Sperry, Hush Puppies and Stride Rite, reported Tuesday a fourth-quarter profit that topped expectations but revenue that came up shy and provided a downbeat full-year outlook, citing the negative impact of the coronavirus outbreak. The company reported a net loss of $900,000, or 1 cent a share, in the latest quarter, after earnings of $39.3 million, or 39 cents a share, in the year-ago period. Excluding non-recurring items, such as the impact of litigation settlements, adjusted earnings per share came to 59 cents, above the FactSet consensus of 58 cents. Revenue rose 4.8% to $607.4 million, below the FactSet consensus of $613.4 million, as a miss by its Michigan group business offset a beat by its Boston group. For 2020, the company expects adjusted EPS of $2.25 to $2.40, below the FactSet consensus of $2.50, and revenue of $2.29 billion to $2.34 billion, below expectations of $2.37 billion. Wolverine said the outlook includes an estimated revenue impact of $30 million from coronavirus in the first half of 2020, and a negative 10-cent impact to EPS. The stock, which was still inactive in premarket trading, has lost 8.8% over the past three months while the S&P 500 has gained 2.9%.

  • GlobeNewswire

    Wolverine World Wide Reports 2019 Results and Highest Quarterly Growth of the Year

    ROCKFORD, Mich., Feb. 25, 2020 -- Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for the fourth quarter and full-year ended December 28, 2019. The.

  • 3M will pay shoemaker Wolverine $55M to settle suit over Scotchgard chemicals
    American City Business Journals

    3M will pay shoemaker Wolverine $55M to settle suit over Scotchgard chemicals

    3M Co. and Wolverine World Wide Inc. have agreed to settle a lawsuit related to drinking water contamination in Michigan, which the maker of Merrell, Saucony and Keds shoes blamed on 3M chemicals.

  • GlobeNewswire

    Wolverine Worldwide’s Expanded Efforts to Address PFAS Approved by Federal Judge 

    Wolverine World Wide, Inc. (WWW) announced that U.S. District Judge Janet T. Neff has approved a Consent Decree reached earlier this month among the Company, the State of Michigan, Plainfield Charter Township, and Algoma Township. This Consent Decree resolves the litigation between the parties and includes significant next steps in Wolverine’s already extensive efforts to ensure long-term water quality and continued environmental remediation in and around its hometown.

  • GlobeNewswire

    Wolverine Worldwide Announces New Leadership Appointments

    Wolverine World Wide, Inc. (WWW) announced the appointment of Joelle Grunberg as Global President of Sperry® and the appointment of Tom Kennedy as Global President of the Wolverine® brand. Grunberg joins Wolverine Worldwide from Lacoste, where she served as President and CEO of North and Central America. Kennedy has spent the last three years in Boston leading Sperry®, and will return to Michigan for his new role with the Wolverine brand, in addition to overseeing the Company’s Licensing Group and becoming a member of its acquisitions team.

  • Wolverine (WWW) to Post Q4 Earnings: What's in the Offing?
    Zacks

    Wolverine (WWW) to Post Q4 Earnings: What's in the Offing?

    Benefits from e-commerce and wholesale channels are likely to get reflected in Wolverine's (WWW) fourth-quarter 2019 performance. Also, its Global Growth Agenda looks impressive.

  • GlobeNewswire

    Wolverine World Wide Announces Fourth Quarter and Full-Year 2019 Conference Call for February 25, 2020

    ROCKFORD, Mich., Feb. 06, 2020 -- Wolverine World Wide, Inc. (NYSE: WWW) today announced that it expects to report its fourth quarter and full-year 2019 financial results on.

  • GlobeNewswire

    Wolverine World Wide Declares Quarterly Dividend

    ROCKFORD, Mich., Feb. 05, 2020 -- Wolverine World Wide, Inc. (NYSE: WWW) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share.

  • How Should Investors React To Wolverine World Wide, Inc.'s (NYSE:WWW) CEO Pay?
    Simply Wall St.

    How Should Investors React To Wolverine World Wide, Inc.'s (NYSE:WWW) CEO Pay?

    Blake Krueger has been the CEO of Wolverine World Wide, Inc. (NYSE:WWW) since 2007. This analysis aims first to...

  • GlobeNewswire

    Wolverine Worldwide Expands Efforts to Address PFAS

    Wolverine World Wide, Inc. (WWW) announced today significant next steps in its already extensive efforts to ensure long-term water quality for the community and continue environmental remediation in and around its hometown.

  • Hedge Funds Have Never Been More Bullish On Wolverine World Wide, Inc. (WWW)
    Insider Monkey

    Hedge Funds Have Never Been More Bullish On Wolverine World Wide, Inc. (WWW)

    We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]

  • Wolverine (WWW) Up 3.8% Since Last Earnings Report: Can It Continue?
    Zacks

    Wolverine (WWW) Up 3.8% Since Last Earnings Report: Can It Continue?

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

  • Thomson Reuters StreetEvents

    Edited Transcript of WWW earnings conference call or presentation 7-Nov-19 1:30pm GMT

    Q3 2019 Wolverine World Wide Inc Earnings Call

  • Does The Wolverine World Wide, Inc. (NYSE:WWW) Share Price Fall With The Market?
    Simply Wall St.

    Does The Wolverine World Wide, Inc. (NYSE:WWW) Share Price Fall With The Market?

    If you own shares in Wolverine World Wide, Inc. (NYSE:WWW) then it's worth thinking about how it contributes to the...

  • Wolverine (WWW) Q3 Earnings Beat Estimates, Revenues In Line
    Zacks

    Wolverine (WWW) Q3 Earnings Beat Estimates, Revenues In Line

    Wolverine's (WWW) third-quarter 2019 marks seventh straight quarter of positive earnings surprise. Also, management revises its full-year earnings view, keeping revenue projection intact.

  • Wolverine World Wide (WWW) Q3 Earnings and Revenues Top Estimates
    Zacks

    Wolverine World Wide (WWW) Q3 Earnings and Revenues Top Estimates

    Wolverine (WWW) delivered earnings and revenue surprises of 7.94% and 0.01%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Wolverine World Wide Reports Strong Third Quarter Results and Maintains Full-Year Revenue Outlook

    In line revenue growth and record gross margin lead to 10% adjusted EPS growth, ahead of expectations for Q3 ROCKFORD, Mich., Nov. 07, 2019 -- Wolverine World Wide, Inc..

  • Wolverine World Wide (WWW) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
    Zacks

    Wolverine World Wide (WWW) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

    Wolverine (WWW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • How Does Wolverine World Wide, Inc. (NYSE:WWW) Fare As A Dividend Stock?
    Simply Wall St.

    How Does Wolverine World Wide, Inc. (NYSE:WWW) Fare As A Dividend Stock?

    Is Wolverine World Wide, Inc. (NYSE:WWW) a good dividend stock? How can we tell? Dividend paying companies with...