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Wolverine World Wide Inc Stock Research

WWW

8.24USD-0.02(-0.24%)Market Closedas of 21 Sep 2023, 09:51 am
Watchlist

Market Summary

USD8.24-0.02
Market Closedas of 21 Sep 2023, 09:51 am
-0.24%

WWW Alerts

  • 2 major insider buys recently.
  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)

WWW Stock Price

WWW RSI Chart

WWW Valuation

Market Cap

1.2B

Price/Earnings (Trailing)

-6.96

Price/Sales (Trailing)

0.47

EV/EBITDA

-4.53

Price/Free Cashflow

-5.65

WWW Price/Sales (Trailing)

WWW Profitability

EBT Margin

-8.86%

Return on Equity

-54.81%

Return on Assets

-7.41%

Free Cashflow Yield

-17.71%

WWW Fundamentals

WWW Revenue

Revenue (TTM)

2.5B

Revenue Y/Y

-17.45%

Revenue Q/Q

-1.72%

WWW Earnings

Earnings (TTM)

-279.6M

Earnings Y/Y

-80.74%

Earnings Q/Q

26.32%

Price Action

52 Week Range

7.9017.99
(Low)(High)

Last 7 days

-0.5%

Last 30 days

0.1%

Last 90 days

-40.2%

Trailing 12 Months

-54.6%

WWW Financial Health

Current Ratio

1.16

Debt/Equity

4.6

Debt/Cashflow

-0.12

WWW Investor Care

Dividend Yield

4.84%

Dividend/Share (TTM)

0.4

Diluted EPS (TTM)

-3.48

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for WWW

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-18
BOROMISA JEFFREY M
bought
29,225
8.35
3,500
-
2023-08-16
Stornant Michael D
bought
31,122
8.19
3,800
evp, cfo and treasurer
2023-08-02
Soriano Isabel
sold (taxes)
-887
12.16
-73.00
president, international group
2023-08-02
Soriano Isabel
acquired
-
-
260
president, international group
2023-06-05
LAUDERBACK BRENDA J
sold
-41,724
13.68
-3,050
-
2023-05-03
GERBER WILLIAM K
acquired
-
-
7,165
-
2023-05-03
KOLLAT DAVID T
acquired
-
-
8,894
-
2023-05-03
LAUDERBACK BRENDA J
acquired
-
-
7,165
-
2023-04-29
Hufnagel Christopher
acquired
-
-
353
president, active group
2023-04-29
Hufnagel Christopher
sold (taxes)
-1,690
16.74
-101
president, active group

1–10 of 50

Which funds bought or sold WWW recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
unchanged
-
-182
1,131
-%
2023-08-23
WOLVERINE TRADING, LLC
new
-
610,692
610,692
-%
2023-08-22
US Asset Management LLC
sold off
-100
-40,000
-
-%
2023-08-22
COMERICA BANK
sold off
-
-
-
-%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
5.61
-38,000
382,000
-%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-2.27
-263,833
1,406,540
-%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-0.27
-54,531
332,730
-%
2023-08-16
Nuveen Asset Management, LLC
reduced
-17.13
-1,625,090
4,058,910
-%
2023-08-15
GAMCO INVESTORS, INC. ET AL
reduced
-0.33
-290,492
1,765,740
0.02%
2023-08-15
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
0.04
-433,000
2,702,000
0.01%

1–10 of 49

Latest Funds Activity

Are funds buying WWW calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own WWW
No. of Funds

Schedule 13G FIlings of Wolverine World Wide

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 10, 2023
fmr llc
-
0
SC 13G
Feb 13, 2023
earnest partners llc
8.2%
6,453,192
SC 13G/A
Feb 09, 2023
vanguard group inc
11.76%
9,259,670
SC 13G/A
Jan 24, 2023
blackrock inc.
15.9%
12,533,421
SC 13G
Feb 11, 2022
earnest partners llc
7.0%
5,731,524
SC 13G/A
Feb 04, 2022
wellington management group llp
1.27%
1,045,143
SC 13G/A
Jan 27, 2022
blackrock inc.
15.2%
12,503,983
SC 13G/A
Jan 25, 2022
blackrock inc.
15.2%
12,503,983
SC 13G
Feb 16, 2021
earnest partners llc
6.0%
4,963,147
SC 13G
Feb 10, 2021
vanguard group inc
10.11%
8,299,046
SC 13G/A

Recent SEC filings of Wolverine World Wide

View All Filings
Date Filed Form Type Document
Sep 13, 2023
8-K
Current Report
Sep 01, 2023
8-K
Current Report
Aug 22, 2023
4
Insider Trading
Aug 17, 2023
4
Insider Trading
Aug 10, 2023
10-Q
Quarterly Report
Aug 10, 2023
8-K
Current Report
Aug 10, 2023
8-K
Current Report
Aug 04, 2023
4
Insider Trading
Aug 02, 2023
4
Insider Trading
Aug 02, 2023
4
Insider Trading

Peers (Alternatives to Wolverine World Wide)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
143.9B
51.2B
-8.57% -7.64%
28.38
2.81
9.65% -16.14%
47.7B
8.8B
1.81% 18.19%
47.31
5.39
25.17% -8.58%
13.7B
3.7B
-6.56% 55.43%
25.56
3.71
13.14% 19.36%
MID-CAP
7.6B
6.4B
0.02% 23.18%
14.27
1.18
1.84% -4.90%
7.4B
7.8B
-7.45% 31.11%
15.54
0.95
12.61% -33.82%
6.9B
11.4B
-12.23% -53.45%
59.33
0.61
-3.96% -88.37%
6.8B
6.7B
-11.24% -7.38%
7.29
1.02
-0.35% 9.31%
5.5B
3.9B
-10.34% 13.78%
8.16
1.41
36.99% 23.57%
2.4B
1.9B
-8.48% 8.20%
14.19
1.22
-12.06% -35.43%
SMALL-CAP
1.5B
1.5B
-3.40% 3.18%
9.37
0.99
21.55% -1.15%
1.2B
2.5B
0.12% -54.57%
-6.96
0.47
-2.15% -333.58%
198.7M
493.7M
-5.15% 98.77%
-10.79
0.4
-3.80% 28.63%
121.8M
496.7M
-16.32% -29.98%
13.39
0.25
-20.41% -55.49%
7.8M
41.4M
-4.30% -43.83%
-2.98
0.19
-4.71% -285.83%
3.3M
99.2M
-13.00% -89.51%
-0.11
0.03
28.88% 39.75%

Wolverine World Wide News

Benzinga
Wolverine Worldwide Implements Centric Software to Speed Time-to-Market - Wolverine World Wide (NYSE:WWW).
Benzinga,
52 minutes ago
Marketscreener.com

Returns for WWW

Cumulative Returns on WWW

-10.3%


10-Year Cumulative Returns

-12.4%


7-Year Cumulative Returns

-25.4%


5-Year Cumulative Returns

-30.4%


3-Year Cumulative Returns

Risks for WWW

What is the probability of a big loss on WWW?

96.5%


Probability that Wolverine World Wide stock will be more than 20% underwater in next one year

75%


Probability that Wolverine World Wide stock will be more than 30% underwater in next one year.

63.5%


Probability that Wolverine World Wide stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does WWW drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Wolverine World Wide was unfortunately bought at previous high price.

Drawdowns

Financials for Wolverine World Wide

Income Statement (Last 12 Months)
Income Statement (Last 12 Months)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-4.7%2,544,900,0002,669,400,0002,684,800,0002,655,400,0002,600,700,0002,519,000,0002,414,900,0002,288,900,0002,145,300,0001,862,500,0001,791,100,0001,888,900,0001,970,100,0002,189,600,0002,273,700,0002,245,900,0002,230,200,0002,228,500,0002,239,200,0002,238,200,0002,260,900,000
Gross Profit-7.6%966,100,0001,045,400,0001,070,400,0001,108,600,0001,105,600,0001,068,900,0001,029,900,000972,100,000899,300,000776,100,000735,600,000760,900,000802,200,000885,400,000923,800,000921,000,000909,800,000913,600,000921,300,000916,300,000914,900,000
  S&GA Expenses-3.7%873,400,000907,100,000906,400,000883,900,000882,100,000854,700,000817,800,000773,400,000715,900,000657,700,000639,400,000627,900,000636,300,000661,400,000669,300,000664,100,000659,800,000654,400,000654,100,000670,800,000679,700,000
EBITDA100.0%--256,400,000-265,600,000189,600,000148,500,00044,600,00076,100,000-133,000,000-105,400,000-161,300,000-194,900,00020,800,00055,900,000111,200,000-------
EBITDA Margin100.0%--0.10-0.100.070.060.020.03-0.06-0.05-0.09-0.110.010.030.05-------
Interest Expenses-11.0%-60,400,000-54,400,000-47,300,000-39,800,000-36,900,000-36,500,000-37,400,000-41,400,000-44,600,000-45,400,000-43,600,000-39,300,000-34,700,000-30,900,000-30,000,000-27,600,000-25,200,000-24,200,000-24,500,000-27,400,000-30,200,000
Earnings Before Taxes-53.6%-363,400,000-236,600,000-252,900,000194,100,000149,800,00046,600,00080,300,000-123,700,000-92,600,000-148,100,000-184,100,00026,900,00057,500,000108,800,000145,900,000198,500,000201,400,000219,300,000227,400,000105,600,00068,800,000
EBT Margin100.0%--0.09-0.090.070.060.020.03-0.05-0.04-0.08-0.100.010.030.05-------
Net Income-56.2%-279,600,000-179,000,000-188,300,000158,700,000119,700,00039,800,00068,600,000-87,500,000-65,100,000-111,400,000-136,900,00032,900,00059,200,000101,000,000128,500,000168,700,000178,800,000193,900,000200,100,000100,500,00064,900,000
Net Income Margin100.0%--0.07-0.070.060.050.020.03-0.04-0.03-0.06-0.080.020.030.05-------
Free Cashflow100.0%--220,500,000-215,400,000-451,500,000-239,800,000-54,900,00069,200,000176,300,000311,400,000403,100,000298,800,000330,400,000235,000,000248,200,000-------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-2.5%2,3572,4172,4933,1712,9492,7462,5862,6812,3042,2672,1372,5012,5892,7542,4802,4692,4432,3512,1832,2692,300
  Current Assets-3.2%1,1641,2031,2651,5521,2931,0789041,0031,0861,0479041,0421,1191,252967949929876868949982
    Cash Equivalents51.9%17711613213614915016218434636534734242347318112511781.00143228355
  Inventory-10.7%648726745881640483366412332321243326387405348418407374318324294
  Net PPE-4.4%134141136126128128129127120121125126135138141143138133131131130
  Goodwill0.6%470467485527539552557556444443442438436435439437439426424428427
  Current Liabilities-6.9%9641,0361,1101,3311,0959677608525234984065606761,120787834745592473358371
    LT Debt, Current0%10.0010.0010.0010.0010.0010.0010.0010.0010.0010.0010.0016318413.0013.0010.0010.0010.008.0060.0045.00
    LT Debt, Non Current-0.3%719721723725727730732704708710713714716424426431433435438601616
Shareholder's Equity0.7%3473453216576446156446276496255737547367367787838559179921,0561,015
  Retained Earnings1.7%9349189071,2771,2461,1301,1281,1511,1601,1231,0931,2721,2581,2681,2631,2731,2331,2011,1701,1381,087
  Additional Paid-In Capital0.9%327324325319312302299290278266253240227220233221213208201191177
Accumulated Depreciation3.0%250243236228224222219212207203197200193187184256254253251262260
Minority Interest12.3%20.0018.0018.0017.0018.0019.0015.0015.0016.0016.0012.0011.0012.0010.0012.0011.0012.006.006.006.006.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations162.4%115-184-178-420-212-32.0087.0019132241230934225827822314836.0026.0098.00119160
  Share Based Compensation-20.7%22.0028.0033.0035.0036.0038.0038.0037.0040.0036.0029.0029.0025.0021.0025.0027.0027.0030.0031.0028.0027.00
Cashflow From Investing-67.7%43.0013355.0061.00-350-438-437-433-11.2013.006.002.00-9.90-62.90-61.50-60.80-57.20-26.00-22.20-21.0015.00
Cashflow From Financing-508.7%-12130.0010732237826016980.00-394-538-154-12860.00177-124-187-216-167-404-208-229
  Dividend Payments-1.2%32.0033.0033.0033.0033.0033.0034.0033.0034.0033.0034.0034.0034.0035.0034.0033.0032.0031.0029.0027.0025.00
  Buy Backs-100.0%-48.0081.0094.0094.0073.0040.0027.0027.00-21.0026.0013323731941933223517570.0080.00

WWW Income Statement

2023-07-01
Consolidated Condensed Statements of Operations and Comprehensive Income - USD ($)
$ in Millions
3 Months Ended6 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Jul. 01, 2023
Jul. 02, 2022
Income Statement [Abstract]    
Revenue$ 589.1$ 713.6$ 1,188.5$ 1,328.4
Cost of goods sold361.3406.5724.4760.0
Gross profit227.8307.1464.1568.4
Selling, general and administrative expenses195.5229.2407.5440.5
Gain on sale of business and trademarks0.0(90.0)(20.1)(90.0)
Impairment, Long-Lived Asset, Held-for-Use15.60.015.60.0
Environmental and other related costs, net of recoveries(29.4)0.0(30.3)30.4
Operating profit46.1167.991.4187.5
Other expenses:    
Interest expense, net16.110.131.918.8
Other expense (income), net(0.4)0.60.8(0.5)
Total other expenses15.710.732.718.3
Earnings before income taxes30.4157.258.7169.2
Income tax expense6.032.716.336.3
Net earnings24.4124.542.4132.9
Less: net earnings (loss) attributable to noncontrolling interests0.4(0.1)(0.6)(1.4)
Net earnings attributable to Wolverine World Wide, Inc.$ 24.0$ 124.6$ 43.0$ 134.3
Net Earnings Per Share:    
Basic$ 0.30$ 1.53$ 0.53$ 1.63
Diluted$ 0.30$ 1.53$ 0.53$ 1.63
Comprehensive income$ 25.2$ 91.3$ 40.0$ 96.6
Less: comprehensive income (loss) attributable to noncontrolling interests0.1(0.7)(0.4)(1.8)
Comprehensive income attributable to Wolverine World Wide, Inc.$ 25.1$ 92.0$ 40.4$ 98.4
Cash dividends declared per share$ 0.10$ 0.10$ 0.20$ 0.20

WWW Balance Sheet

2023-07-01
Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jul. 01, 2023
Dec. 31, 2022
Jul. 02, 2022
Current assets:   
Cash and cash equivalents$ 176.5$ 131.5$ 149.3
Accounts receivable, less allowances: July 1, 2023: $12.0; December 31, 2022 $11.1; July 2, 2022: $25.8241.5241.7420.0
Inventories:   
Finished products, net645.9743.2628.6
Raw materials and work-in-process, net2.02.010.9
Total inventories647.9745.2639.5
Prepaid expenses and other current assets78.979.084.5
Current assets held for sale19.167.90.0
Total current assets1,163.91,265.31,293.3
Noncurrent assets:   
Property plant and equipment net of accumulated depreciation: July 1, 2023: $250.0; December 31, 2022: $236.1; July 2, 2022: $224.3134.3136.2127.5
Lease right-of-use assets, net155.4174.7166.7
Goodwill469.7485.0539.1
Indefinite-lived intangibles279.2274.0680.7
Amortizable intangibles, net59.167.470.1
Deferred Income Tax Assets, Net25.124.51.2
Other assets70.665.670.4
Total assets2,357.32,492.72,949.0
Current liabilities:   
Accounts payable252.2272.2318.1
Accrued salaries and wages19.232.328.6
Other accrued liabilities254.5322.9215.0
Lease liabilities39.239.133.0
Current maturities of long-term debt10.010.010.0
Borrowings under revolving credit agreements385.0425.0490.0
Disposal Group, Including Discontinued Operation, Liabilities, Current4.18.80.0
Total current liabilities964.21,110.31,094.7
Noncurrent liabilities:   
Long-term debt, less current maturities718.5723.0727.4
Accrued pension liabilities72.172.9105.0
Deferred Income Tax Liabilities, Net33.935.3118.2
Operating Lease, Liability, Noncurrent146.7153.6150.9
Other liabilities55.058.691.0
Stockholders’ equity:   
Common Stock - par value $1, authorized 320,000,000 shares; shares issued (including shares in treasury): July 1, 2023: 112,918,046 shares; December 31, 2022: 112,202,078 shares; July 2, 2022: 112,149,377 shares112.9112.2112.1
Additional paid-in capital326.8325.4311.9
Retained earnings933.8907.21,246.1
Accumulated other comprehensive loss(135.5)(132.9)(134.8)
Cost of shares in treasury: July 1, 2023: 33,409,577 shares; December 31, 2022: 33,413,204 shares; July 2, 2022: 33,416,302 shares(891.2)(891.3)(891.4)
Total Wolverine World Wide, Inc. stockholders’ equity346.8320.6643.9
Noncontrolling interest20.118.417.9
Total stockholders’ equity366.9339.0661.8
Total liabilities and stockholders’ equity$ 2,357.3$ 2,492.7$ 2,949.0
Brendan L. Hoffman
4400
Wolverine World Wide, Inc. designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America. The company operates through two segments, Wolverine Michigan Group and Wolverine Boston Group. It offers casual footwear and apparel; performance outdoor and athletic footwear and apparel; kids' footwear; industrial work boots and apparel; and uniform shoes and boots. The company sources, markets, and licenses a range of footwear styles, such as shoes, boots, and sandals under the Bates, Cat, Chaco, Harley-Davidson, Hush Puppies, Hytest, Keds, Merrell, Saucony, Sperry, Sweaty Betty, Wolverine, and Stride Rite brands. It also markets Merrell and Wolverine branded apparel and accessories, as well as licenses its brands for use on non-footwear products, including the Hush Puppies apparel, eyewear, watches, socks, handbags, and plush toys; Wolverine branded eyewear and gloves; and Keds, Saucony, and Sperry branded apparel. In addition, the company markets pigskin leather under the Wolverine Warrior Leather, Weather Tight, and All Season Weather Leathers trademarks for use in the footwear industry. Further, it operates brick and mortar retail stores, and eCommerce sites. The company sells its products to department stores, national chains, catalog and specialty retailers, independent retailers, uniform outlets, and mass merchant and government customers through retail stores, as well as through third-party licensees and distributors, and joint ventures. As of January 1, 2022, it operated 143 retail stores, as well as 65 consumer-direct eCommerce sites. Wolverine World Wide, Inc. was founded in 1883 and is based in Rockford, Michigan.