Seeking Alpha

Wolverine World Wide Inc. (WWW)

  • Dec. 30, 2013, 11:34 AM
    • Shares of Crocs (CROX +17.9%) trade at their highest level since July after the company says it will get back to buying back shares after working out a $350M investment from Blackstone.
    • Sterne Agee thinks the retailer still has more house cleaning to do. Analyst Sam Poser says Chairman of the Board Tom Smach and two members of the management team who were also Felxtronics alums need to be axed.
    • Other shoe stocks are trading higher off the Crocs news: DECK +1.4%, WWW +1.7%, SHOO +1.7%, SKX +1.1%.
    | 1 Comment
  • Dec. 11, 2013, 3:07 PM
    • Wolverine Worldwide (WWW) declares $0.06/share quarterly dividend, in line with prior.
    • Forward yield 0.74%
    • Payable Feb. 3; for shareholders of record Jan 2; ex-div Dec. 30.
    | Comment!
  • Oct. 9, 2013, 6:50 PM
    • Scores of companies in nearly 200 public filings have cautioned investors that their businesses could suffer from the government shutdown, now in its ninth day.
    • J.C. Penney (JCP), Wolverine World Wide (WWW) and Humana (HUM), for example, all warned this week of potential bottom-line consequences of federal furloughs and agency closures; corporate M&A plans also appear to be on hold as executives await a return to normal.
    • Every week the government is closed trims economic output by ~$1.6B, or 0.16 percentage point for the quarter, according to research firm IHS, and "if the shutdown drags on, the effects will start to add up."
    • The last fight, in 1995-96, impacted consumer confidence; with the year-end shopping season approaching, that's critical, especially for retailers.
  • Oct. 8, 2013, 9:09 AM
    • Wolverine World Wide (WWW) says it saw double-digit sales growth across many of its top brands as demand stayed brisk.
    • Gross margin up 70 bps to 39.9%.
    • The retailer raises its FY13 EPS guidance to $2.73-$2.83 from prior guidance of $2.60-$2.75 and $2.80 consensus.
    • WWW -0.2% premarket.
    | Comment!
  • Oct. 8, 2013, 6:38 AM
    • Wolverine World Wide (WWW): FQ3 EPS of $1.16 beats by $0.13.
    • Revenue of $716.7M beats by $4.39M. (PR)
    | Comment!
  • Oct. 8, 2013, 12:05 AM
  • Oct. 7, 2013, 5:30 PM
  • Oct. 2, 2013, 9:28 AM
    • Consumers in China are shifting their preferences to lifestyle brands, according to Credit Suisse.
    • The trend is sparked by the younger generation which is eager to wear different styles than their parents.
    • Luxury brands such as Louis Vuitton (LVMHF.PK) and Dunhill could suffer as the lifestyle brands gain relevance and the high-end premium trims.
    • Tapped for success in China: Adidas (ADDYY.PK), Lululemon (LULU), Ralph Lauren (RL), Wolverine Worldwide (WWW), VF Corporation (VFC).
    | Comment!
  • Jul. 11, 2013, 1:55 PM
    Wolverine Worldwide (WWW) declares quarterly dividend of $0.06/share (post split). Forward yield 0.83% For shareholders of record Oct. 01. Payable Nov. 01. Ex-div date Sep. 27. (PR)
    | Comment!
  • Jul. 9, 2013, 9:12 AM
    Premarket gainers: CDTI +27%. CYTR +26%. CHTP +6%. WWW +8%. ASTI +6%. YY +6%.
    Losers: ISRG -14%. AMRN -8%. CSIQ -5%. NBG -5%. APU -5%.
    | Comment!
  • Jul. 9, 2013, 6:49 AM
    More on Wolverine Worldwide's (WWW) FQ2: Brands Sperry Top-Sider, Keds, Saucony, and Harley-Davidson Footwear led revenue gains while an improved channel mix helped boost margins. Full-year revenue guidance of $2.7B-$2.775B is reaffirmed. (PR)
    | Comment!
  • Jul. 9, 2013, 6:34 AM
    Wolverine (WWW): FQ2 EPS of $0.46 beats by $0.12. Revenue of $587.8M misses by $3.23M. (PR)
    | Comment!
  • Jul. 9, 2013, 12:05 AM
    Notable earnings before Tuesday’s open: MHR, WWW
    | Comment!
  • Jul. 8, 2013, 5:30 PM
    Notable earnings before Tuesday’s open: MHR, WWW
  • Jun. 28, 2013, 3:25 PM
    It's a pretty good day to be long shoe stocks after reports from Nike (NKE +2.4%) and Finish Line (FINL +4.2%) set the tone early and analysts jump on the bandwagon with positive comments on the sector: Advancers: Foot Locker (FL) +2.9%, Deckers Outdoor (DECK) +3.0%, Wolverine Worldwide (WWW) +2.2%, Crocs (CROX) +2.2%, Shoe Carnival (SCHL) +1.3%, Brown Shoe (BWS) +1.6%.
  • Apr. 18, 2013, 11:13 AM
    Wolverine World Wide, Inc. (WWW) declares $0.12/share quarterly dividend, in line with previous. Forward yield 1.05%. For shareholders of record July 01. Payable Aug. 01. Ex-div date June 27. (PR)
    | Comment!
Visit Seeking Alpha's
WWW vs. ETF Alternatives
Company Description
Wolverine World Wide Inc is a designer, manufacturer and marketer of casual footwear and apparel, performance outdoor and athletic footwear and apparel, children's footwear, industrial work boots and apparel, and uniform shoes and boots.