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Wolverine World Wide Inc. (WWW)

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  • Wed, Feb. 18, 10:01 AM
  • Tue, Feb. 17, 7:33 AM
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  • Dec. 30, 2013, 11:34 AM
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  • 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%.
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  • 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. 16, 2013, 10:03 AM
    Wolverine Worldwide (WWW +4.7%) trades higher after the retailer beat estimates with its Q1 report. Recent acquisitions of the Sperry Top-Sider, Saucony, Stride Rite, and Keds brands helped boost the company's revenue haul, but higher costs drove down the gross margin rate by 40 bps Y/Y to 40.6% during the period.
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  • Dec. 12, 2012, 5:37 PM
    After-hours top gainers, as of 5:15 p.m.: ORCC +7%. BBY +5%. KEM +4%. WWW +4%. MED +3%.
    After-hours top losers: HRG -17%. GEF -7%. FMC -5%. SNV -4%. PZE -4%.
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  • Nov. 27, 2012, 9:47 AM
    Goldman Sachs has shoes on its mind. Beyond lining up Crocs (CROX +7.3%) as its favorite name in the sector, the firm starts research on Sell-rated Steven Madden (SHOO -2.1%) and launches coverage on Deckers Outdoor (DECK -0.1%) and Wolverine World Wide (WWW -1.6%) with Neutral ratings. The biggest takeaway from the Goldman dip into the sector is that the firm isn't convinced Crox and Deckers Outdoor are weighed down with "broken fads" for headline products.
  • Oct. 9, 2012, 11:51 AM
    Shares of Wolverine World Wide (WWW +2.1%) jump higher after the retailer lifts profit estimates for the next two years. After factoring in the effect from its just-completed purchase of operations from Collective Brands, the company adds a dime to EPS forecasts for 2013 and 2014 and says accretion generated from the deal will be greater than originally expected.
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  • Sep. 6, 2012, 9:17 AM
    Shares of Wolverine World Wide (WWW) slump 6.0% premarket after the company tips off in comments made at the Piper Jaffray Consumer Conference that it sees Q3 EPS and revenue coming in below the expectations of analysts. Management says retailers are taking a conservative buying approach in the U.S. and weak sales in Europe are also dragging down results. (webcast)
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  • Jul. 10, 2012, 10:21 AM
    Wolverine World Wide (WWW +4.1%) trades higher despite missing estimates with its Q2 report. The retailer gave investors something to latch onto by backing its FY12 guidance and disclosing that Sperry Top-Sider, Saucony, Stride Rite, and Keds brands purchase from Collective Brand will be added to its lineup in late summer to early fall.
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  • Apr. 24, 2012, 12:10 PM
    Collective Brands (PSS +3.9%) is weighing final offers to sell itself to South Korea's E-Land or Wolverine World Wide (WWW -0.4%), Bloomberg reports. The Payless Shoe parent has attracted at least one bid valued at ~$2B; PSS is said to plan to make a decision on the bids in the coming days.
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  • Jan. 24, 2012, 9:35 AM
    More takeover talk sparks Collective Brands (PSS +3.2%) shares, as Bloomberg speculates the company "may extract the biggest takeover premium of any apparel retailer in the world." PSS may attract interest from PE firms and rivals such as Wolverine World Wide (WWW) when bids are due next week, and could be worth up to $27/share based on the value of its separate businesses.
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  • Jan. 12, 2012, 10:23 AM
    Wolverine Worldwide (WWW -3.9%) CFO Don Grimes says the company's full-year profit forecast will come in at the low end of its prior $2.46-$2.52 EPS range, with Q4 results hurt partly by a "conservative appetite" by U.S. retailers and "softening retail impact" in both Europe and the U.S. (form 8-K)
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  • Jan. 3, 2012, 10:56 AM
    Shares of Wolverine (WWW -3.5%) slip this morning after Baird cut the shares to Neutral, citing difficult to match Q4 comps due to adverse weather, and adding that its valuation is less compelling than that of its peers.
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  • Oct. 18, 2011, 11:39 AM
    The bloodletting in Crocs (CROX -37.8%) continues unabated following its Q3 warning. Analyst Brian Sozzi thinks the warning could suggest an inventory glut, as well as growing competition from the likes of NKE, GCO, and FL. Some other names trading lower on the news: DSW -2.6%. LULU -4%. WWW -2.2%.
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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.