Wolverine World Wide
About: Wolverine World Wide Inc is engaged in designing, manufacturing, sourcing, marketing, licensing, and distributing branded footwear, apparel, and accessories. The company's segment includes Active Group; Work Group; Lifestyle Group and Other. It generates maximum revenue from the Active Group segment. Active Group segment consists of Merrell footwear and apparel, Saucony footwear and apparel, Sweaty Betty activewear, and Chaco footwear.
Employees: 4,100
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]
70% more call options, than puts
Call options by funds: $8.68M | Put options by funds: $5.1M
63% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 32
36% more capital invested
Capital invested by funds: $1.33B [Q3] → $1.81B (+$477M) [Q4]
6.16% more ownership
Funds ownership: 95.67% [Q3] → 101.83% (+6.16%) [Q4]
5% more funds holding
Funds holding: 226 [Q3] → 238 (+12) [Q4]
1% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 76
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$17
12%
upside
Avg. target
$23
48%
upside
High target
$29
91%
upside
4 analyst ratings
2 positive
50%
2 neutral
50%
0 negative
0%
UBS Jay Sole 47% 1-year accuracy 25 / 53 met price target | 72%upside $26 | Buy Maintained | 20 Feb 2025 |
Baird Jonathan Komp 62% 1-year accuracy 13 / 21 met price target | 19%upside $18 | Neutral Maintained | 20 Feb 2025 |
Telsey Advisory Group Dana Telsey 49% 1-year accuracy 94 / 190 met price target | 12%upside $17 | Market Perform Maintained | 20 Feb 2025 |
Stifel Jim Duffy 52% 1-year accuracy 16 / 31 met price target | 91%upside $29 | Buy Upgraded | 11 Dec 2024 |
Financial journalist opinion
Based on 12 articles about WWW published over the past 30 days
Negative
Seeking Alpha
2 days ago
Wolverine's Active Segment Is Prepared To Grow, But The Name Is A Little Pricey
Strong performance from Merrell and Saucony brands is a positive indicator for future Wolverine World Wide, Inc. growth. Workwear segment is underperforming and may negatively impact overall profitability. The mixed performance of different segments suggests a cautious approach to investment.
Negative
Market Watch
2 days ago
Wolverine's stock heads for worst selloff in almost 2 years as guidance disappoints
CEO says footwear company is not yet at ‘full potential' as it pushes ahead with transformation plan.
Positive
Zacks Investment Research
2 days ago
WWW Q4 Earnings Beat Estimates, Work Group Revenues Rise Y/Y
Wolverine's Q4 results reflect lower revenues but higher earnings. The adjusted gross margin expands y/y due to lower supply-chain and product costs.
Neutral
Seeking Alpha
2 days ago
Wolverine World Wide, Inc. (WWW) Q4 2024 Earnings Call Transcript
Wolverine World Wide, Inc. (NYSE:WWW ) Q4 2024 Earnings Conference Call February 19, 2025 8:30 AM ET Company Participants Alex Wiseman - Vice President, Finance Chris Hufnagel - President & Chief Executive Officer Taryn Miller - Chief Financial Officer Conference Call Participants Anna Andreeva - Piper Sandler Laurent Vasilescu - BNP Paribas Asset Management Sam Poser - Williams Trading Mitch Kummetz - Seaport Research Jim Duffy - Stifel Mauricio Serna - UBS Jonathan Komp - Baird Dana Telsey - Telsey Advisory Group Ashley Owens - KeyBanc Capital Markets Operator Greetings and welcome to today's Wolverine Worldwide Fourth Quarter Fiscal 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Positive
Zacks Investment Research
2 days ago
Compared to Estimates, Wolverine (WWW) Q4 Earnings: A Look at Key Metrics
The headline numbers for Wolverine (WWW) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
2 days ago
Wolverine World Wide (WWW) Q4 Earnings and Revenues Top Estimates
Wolverine World Wide (WWW) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to loss of $0.30 per share a year ago.
Neutral
Business Wire
2 days ago
CORRECTING and REPLACING Wolverine Worldwide Reports Fourth Quarter and Fiscal 2024 Results
ROCKFORD, Mich.--(BUSINESS WIRE)--In the final table with first header "2025 GUIDANCE RECONCILIATION TABLES," the figure in the second row "Gross Margin - Fiscal 2025 Full Year" in both the first column "GAAP Basis" and third column "As Adjusted" should be 45.5 % (instead of 44.5 %). The updated release reads: WOLVERINE WORLDWIDE REPORTS FOURTH QUARTER AND FISCAL 2024 RESULTS Company Meets Guidance, Inflects to Growth, and Issues 2025 Outlook Wolverine World Wide, Inc. (NYSE: WWW) today reporte.
Neutral
Business Wire
3 days ago
Wolverine Worldwide Reports Fourth Quarter and Fiscal 2024 Results
ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for the fourth quarter and full year 2024 ended December 28, 2024. “A year ago, we outlined an ambitious turnaround strategy composed of three chapters: stabilization, transformation, and inflection. We shared a plan to meaningfully strengthen the Company's balance sheet, expand profitability, and sequentially improve revenue trends – culminating with an inflection to growth in the final qu.
Neutral
Business Wire
1 week ago
Wolverine Worldwide Appoints Brett Parent as Chief Strategy Officer
ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced the appointment of Brett Parent as Chief Strategy Officer, effective February 3, 2025. In this newly created role, Mr. Parent will be responsible for developing and driving the Company's enterprise strategy, along with assessing growth opportunities for the Company's brand portfolio across a global footprint spanning 170 countries and territories. In addition to leading the Strategy function and team, Mr. P.
Neutral
PRNewsWire
1 week ago
MERRELL ANNOUNCES RICHARD McLEOD AS CHIEF MARKETING OFFICER
ROCKFORD, Mich. , Feb. 10, 2025 /PRNewswire/ -- Merrell, the world's leading hiking and outdoor footwear brand, announced it has welcomed Richard McLeod as Chief Marketing Officer.
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