Wolverine World Wide Inc. (WWW) - NYSE
  • Tue, Jul. 26, 7:14 AM
    • Wolverine World Wide (NYSE:WWW) reports underlying revenue fell 5.2% in Q2.
    • Gross margin rate slipped 30 bps to 38.8%.
    • SG&A expense rate rose 40 bps to 31.4%.
    • Adjusted operating margin rate grew 30 bps to 8.4%.
    • FY2016 Guidance: Revenue: $2.475B to $2.575B (-8% to -4.3%); Diluted EPS: $1.16 to $1.26; Adjusted EPS: $1.30 to $1.40.
    | Tue, Jul. 26, 7:14 AM
  • Fri, Jul. 22, 10:13 AM
    • A weak earnings report from Skechers (SKX -22%) and a warning from VF Corp (VFC -2.8%) is taking down a number of peers of the apparel sellers.
    • Soft demand in Asia, disruption in Europe, and continued F/X headwinds were cited by both companies.
    • Oxford Industries (OXM -2.1%), Wolverine World Wide (WWW -2.6%), Crocs (CROX -2.9%), Steven Madden (SHOO -1.8%), and G-III Apparel Group (GIII -2.3%) are all lower.
    • The negative start to the earnings season for the apparel/footwear sector appears to be impacting Nike (NKE -0.8%) and Under Armour (UA -0.9%) as well.
    • Previously: Skechers -8% after missing Q2 expectations (July 21)
    • Previously: V.F. beats by $0.01, misses on revenue (July 22)
    | Fri, Jul. 22, 10:13 AM | 17 Comments
  • Thu, Jul. 7, 3:01 PM
    • Wolverine Worldwide (WWW +5.1%) is higher after catching the eyes of the analyst team at Susquehanna.
    • The apparel stock was lifted to a Positive rating from Neutral and given a price target boost to $25.
    • "While this may be early, product trends appear to be improving as evidenced by some enthusiasm we see around Sperry's Spring non-boat shoe business, among others," reads the Susquehanna note.
    | Thu, Jul. 7, 3:01 PM
  • Thu, Jul. 7, 12:15 PM
    | Thu, Jul. 7, 12:15 PM | 4 Comments
  • Tue, May 3, 7:22 AM
    • Wolverine World Wide (NYSE:WWW) reports underlying revenue declined 6.6% in Q1.
    • Gross margin rate decreased 180 bps to 39.6%.
    • SG&A expense rate grew 40 bps to 31.9%.
    • Adjusted operating margin rate fell 20 bps to 9.7%.
    • FY2016 Guidance: Revenue: $2.475B to $2.575B (-8% to -4.3%); Diluted EPS: $1.16 to $1.26; Adjusted EPS: $1.30 to $1.40.
    | Tue, May 3, 7:22 AM
  • Tue, Feb. 23, 7:59 AM
    • Wolverine World Wide (NYSE:WWW) reports revenue declined 5.4% on a constant currency basis in Q4.
    • eCommerce revenue grew ~25% for the quarter.
    • Revenue break-up: Lifestyle: $257.8M (-7.7%); Performance: $275.5M (+0.7%); Heritage: $187.1M (-15.5%); Other: $30.8M (-10.7%).
    • Gross margin rate fell 90 bps to 36.2%.
    • Adjusted operating margin rate improved 70 bps to 7.3%.
    • FY2016 Guidance: Revenue: $2.475B to $2.575B (-8% to -4.3%); Diluted EPS: $1.20 to $1.30; Adjusted EPS: $1.30 to $1.40; Diluted shares outstanding: ~97.5M; Tax rate: ~27%; Adjusted tax rate: ~28%.
    | Tue, Feb. 23, 7:59 AM
  • Tue, Jan. 26, 10:31 AM
    • Shoe stocks are off and running today as investors rush back into some favorite names.
    • Deckers Outdoor (DECK +3.7%), Wolverine Worldwide (WWW +2.7%), Skechers (SKX +2.4%), Columbia Sportswear (COLM +2.5%), and Crocs (CROX +1.4%) are notable gainers.
    • Though a positive BAML note on Foot Locker could be factoring in a bit, it's NPD data showing a strong month for athletic footwear sales (volume +10%, prices +3%) in December that's really stirring up interest.
    • Nike's (NKE +0.1%) hanging back a bit from the rally, with a higher exposure to China a potential factor.
    | Tue, Jan. 26, 10:31 AM
  • Mon, Jan. 11, 10:09 AM
    • Shoe stocks are under pressure after channel checks on pricing add a new layer of worry.
    • Trading lower in morning action are Crocs (CROX -3.2%), Deckers Outdoor (DECK -2.1%), Wolverine Worldwide (WWW -2.4%), Steven Madden (SHOO -2.1%), Skechers (SKX -0.6%), Columbia Sportswear (COLM -2.8%), and VF Corp (VFC -2.6%).
    • Under Armour just dipped below $70 after being as high as $105 in October.
    • The panicky trading isn't encapsulating sector giant Nike (NKE +0.8%) or the Adidas (OTCQX:ADDYY +3.3%) ADRs.
    • Previously: Under Armour slides as new footwear pricing concerns crop up (Jan. 11 2016)
    | Mon, Jan. 11, 10:09 AM | 2 Comments
  • Nov. 20, 2015, 10:09 AM
    • Strong earning reports from Foot Locker (FL +7.9%), Hibbett Sports (HIBB +4.7%), Sportsman's Warehouse Holdings (SPWH +19.6%) seem to be reverberating around the sportswear/footwear sector.
    • Lululemon (LULU +5.3%), Big Five Sporting Goods (BGFV +2.4%), Skechers (SKX +4.4%), Columbia Sportswear (COLM +4.1%), Under Armour (UA +3.6%), V.F. Corp (VFC +1.7%), Steven Madden (SHOO +3.5%), Crocs (CROX +2.2%), and Wolverine Worldwide (WWW +3.3%) are all solidly higher.
    • Cabela's (CAB +7.2%) is higher off more merger speculation, while Nike (NKE +5%) gave investors plenty of reasons to smile last night on the buybacks and dividend front.
    • Dick's Sporting Goods (DKS -0.2%) hasn't joined the sportswear party quite yet as the company's large retail footprint continues to dampen enthusiasm.
    | Nov. 20, 2015, 10:09 AM | 3 Comments
  • Oct. 20, 2015, 9:32 AM
    • Wolverine Worldwide (WWW -2.8%) trades lower after cutting full-year guidance as it continues to face some punishing trends.
    • The company now sees FY15 EPS of $1.44-$1.47 vs. $1.53-$1.60 prior and $1.48 consensus.
    • Wolverine Worldwide reported a gross margin rate of 40.0% in Q3 - level with last year's mark.
    • Previously: Wolverine World Wide EPS in-line, misses on revenue (Oct. 20 2015)
    • Previously: More on Wolverine World Wide's Q3 (Oct. 20 2015)
    | Oct. 20, 2015, 9:32 AM
  • Oct. 20, 2015, 6:45 AM
    • Wolverine World Wide (NYSE:WWW) reports revenue declined 1.7% on a constant currency basis.
    • Revenue break-up: Lifestyle: $250.6M (-9.8%); Performance: $249.1M (-3.1%); Heritage: $150.2M (-0.7%); Other: $29M (+16.9%).
    • Gross margin rate flat Y/Y at 40%.
    • Adjusted operating margin rate fell 190 bps to 11.9%.
    • FY2015 Guidance: Revenue: $2.69B to $2.71B; Diluted EPS: $1.28 to $1.31; Adjusted EPS: $1.44 to $1.47.
    • Q3 results
    | Oct. 20, 2015, 6:45 AM
  • Aug. 10, 2015, 10:14 AM
    • Wolverine Worldwide (WWW +6.2%) trades higher after landing an upgrade from Stifel Nicolaus.
    • The investment firm lifts Wolverine to a Buy rating after having it slotted at Neutral.
    • Stifel raises its price target on WWW to $34.
    • The apparel/footwear company is seen benefiting from a broad increase in shoe demand in the U.S.
    • Previously: Tight millennials spend freely on outdoor footwear (Aug. 01 2015)
    | Aug. 10, 2015, 10:14 AM
  • Jul. 30, 2015, 10:48 AM
    • Shoe stocks are higher after Skechers (SKX +13.8%), Steve Madden (SHOO +2.9%), and Crocs (CROX +8.7%) all top estimates in Q2.
    • Skechers showed the strongest growth rates of the trio, although pricing and demand trends look positive across the sector.
    • Notable shoe movers include Wolverine Worldwide (NYSE:WWW) +1.3%, Deckers Outdoor (NYSE:DECK) +1.0%, DSW (NYSE:DSW) +1.9%.
    | Jul. 30, 2015, 10:48 AM | 5 Comments
  • Jul. 21, 2015, 6:54 AM
    • Wolverine World Wide (NYSE:WWW) reports revenue increased 4.9%, on a constant currency basis.
    • Revenue break-up: Lifestyle: $253.4M (+4.1%); Performance: $223.3M (5.7%); Heritage: $127.4M (12.2%); Other: $26M (+5.3%).
    • Gross margin rate fell 100 bps to 39.1%.
    • Adjusted operating margin rate decreased 90 bps to 8.1%.
    • FY2015 Guidance: Revenue: $2.82B to $2.85B (+2% to +3%); Diluted EPS: $1.39 to $1.46; Adjusted EPS: $1.53 to $1.60.
    • Q2 results
    | Jul. 21, 2015, 6:54 AM
  • Feb. 18, 2015, 10:01 AM
    | Feb. 18, 2015, 10:01 AM
  • Feb. 17, 2015, 7:33 AM
    • Wolverine World Wide (NYSE:WWW) reports revenue increased 10.1%, on a constant currency basis.
    • Revenue break-up: Lifestyle: $279.3M (+5.3%); Performance: $273.6M (+8.9%); Heritage: $221.5M (14.4%); Other: $34.5M (+13.1%).
    • Gross margin rate decreased 10 bps to 37.1% primarily due to a negative mix shift in international markets.
    • Operating margin rate increased 130 bps to 3.7%.
    • FY2015 Guidance: Revenue: $2.82B to $2.87B (+2.1% to +3.9%); Operating margin rate: 8.3%; Adjusted operating margin rate: 9.1%; Diluted EPS: $1.46 to $1.53; Adjusted EPS: $1.53 to $1.60.
    • Q4 results
    | Feb. 17, 2015, 7:33 AM
Company Description
Wolverine World Wide, Inc. engages in designer, manufacturer and marketer of casual footwear and apparel, performance outdoor & athletic footwear and apparel, children's footwear, industrial work boots and apparel, and uniform shoes & boots. It operates through the following segments: Lifestyle,... More
Industry: Textile - Apparel Footwear & Accessories
Country: United States