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Wolverine World Wide, Inc. engages in the designing, manufacturing, licensing and marketing of branded casual, active lifestyle, work, outdoor sport, athletic, children's and uniform footwear and apparel. It operates through the following three segments: Wolverine Outdoor & Lifestyle Group, Wolverine Boston Group and Wolverine Heritage Group. Read More The Wolverine Outdoor & Lifestyle Group segment brands include Merrell, Cat, Hush Puppies, and Chaco. The Wolverine Boston Group segment brands include Sperry, Saucony, and Keds. The Wolverine Heritage Group segment brands include Wolverine, Bates, Harley-Davidson, and HyTest. The company was founded by G. A. Krause in 1883 and is headquartered in Rockford, MI.
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Advertising and Marketing
Wolverine World Wide shares slump after weakness in the Sperry brand
Wolverine World Wide Inc. WWW, -1.23% shares slumped 4.5% in Friday trading after the company reported weakness in its Sperry brand. Other brands in the Wolverine portfolio include Merrell, Saucony and Keds. Net income for the first quarter totaled $40.6 million, or 43 cents per share, down from $46.6 million, or 48 cents per share, last year. Adjusted EPS of 49 cents, was ahead of the 47-cent FactSet consensus. Sales totaled $523.4 million, down from $534.1 million and below $533.0 million FactSet expectat...
Yahoo FinanceMay 10
Wolverine's Q1 Earnings Beat Estimates, Revenues Down
Wolverine World Wide, Inc. WWW released first-quarter 2019 results, with earnings surpassing the Zacks Consensus Estimate and revenues missing the same. In fact, the top and the bottom line declined year over year. The quarter’s performance was adversely impacted by weakness in season footwear categories. This marred investors’ sentiments, evident from the stock’s 9.9% decline during the trading session on May 9. Also, this Rockford, MI-based company’s shares lost 12.2%, against the industry’s 0.6% decli...
Seeking AlphaMay 9
Wolverine World Wide, Inc. (WWW) CEO Blake Krueger on Q1 2019 Results - Earnings Call Transcript
Wolverine World Wide, Inc. (NYSE:WWW) Q1 2019 Results Earnings Conference Call May 9, 2019 8:30 AM ET Company Participants Mike Harris - VP, Corporate Finance Blake Krueger - Chairman, President and CEO Mike Stornant - CFO, Treasurer and SVP Conference Call Participants Jim Duffy - Stifel Steve Marotta - CLK & Associates Jonathan Komp - Robert W. Baird Edward Yruma - KeyBanc Chris Svezia - Wedbush Mitch Kummetz - Pivotal Research Eric Johnson - Piper Jaffray Operator Greetings and welcome to t...
$0.47 per share
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