See more : Fathom Digital Manufacturing Corporation (FATH-WT) Income Statement Analysis – Financial Results
Complete financial analysis of Wolverine World Wide, Inc. (WWW) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Wolverine World Wide, Inc., a leading company in the Apparel – Footwear & Accessories industry within the Consumer Cyclical sector.
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Wolverine World Wide, Inc. (WWW)
Industry: Apparel - Footwear & Accessories
Sector: Consumer Cyclical
Website: https://www.wolverineworldwide.com
About Wolverine World Wide, Inc.
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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.24B | 2.68B | 2.41B | 1.79B | 2.27B | 2.24B | 2.35B | 2.49B | 2.69B | 2.76B | 2.69B | 1.64B | 1.41B | 1.25B | 1.10B | 1.22B | 1.20B | 1.14B | 1.06B | 991.91M | 888.93M | 827.11M | 720.07M | 701.29M | 665.60M | 669.30M | 665.10M | 511.00M | 414.00M | 378.50M | 333.10M | 293.10M | 313.80M | 322.20M | 323.60M | 323.70M | 321.10M | 341.70M | 389.50M |
| Cost of Revenue | 1.37B | 1.61B | 1.39B | 1.06B | 1.35B | 1.32B | 1.44B | 1.53B | 1.64B | 1.67B | 1.63B | 1.01B | 852.32M | 755.94M | 669.33M | 734.55M | 727.04M | 700.35M | 655.80M | 617.77M | 562.34M | 532.88M | 463.03M | 459.62M | 442.10M | 443.70M | 451.80M | 348.10M | 284.70M | 253.10M | 227.90M | 201.00M | 208.50M | 219.60M | 222.10M | 224.90M | 221.10M | 240.90M | 270.10M |
| Gross Profit | 872.50M | 1.07B | 1.03B | 735.60M | 923.80M | 921.30M | 914.40M | 959.90M | 1.05B | 1.09B | 1.06B | 628.16M | 556.75M | 492.57M | 431.72M | 486.02M | 471.93M | 441.54M | 405.20M | 374.14M | 326.59M | 294.23M | 257.04M | 241.67M | 223.50M | 225.60M | 213.30M | 162.90M | 129.30M | 125.40M | 105.20M | 92.10M | 105.30M | 102.60M | 101.50M | 98.80M | 100.00M | 100.80M | 119.40M |
| Gross Profit Ratio | 38.90% | 39.87% | 42.65% | 41.07% | 40.63% | 41.14% | 38.91% | 38.48% | 39.07% | 39.34% | 39.56% | 38.28% | 39.51% | 39.45% | 39.21% | 39.82% | 39.36% | 38.67% | 38.19% | 37.72% | 36.74% | 35.57% | 35.70% | 34.46% | 33.58% | 33.71% | 32.07% | 31.88% | 31.23% | 33.13% | 31.58% | 31.42% | 33.56% | 31.84% | 31.37% | 30.52% | 31.14% | 29.50% | 30.65% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 684.50M | 685.70M | 622.40M | 503.80M | 549.90M | 0.00 | 606.60M | 636.50M | 678.80M | 688.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 169.30M | 220.70M | 195.40M | 135.60M | 119.40M | 0.00 | 107.10M | 121.50M | 137.20M | 126.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 856.20M | 906.40M | 817.80M | 639.40M | 669.30M | 654.10M | 713.70M | 758.00M | 816.00M | 815.20M | 830.70M | 481.90M | 386.53M | 347.50M | 316.38M | 345.18M | 333.15M | 318.24M | 291.89M | 274.13M | 246.65M | 217.15M | 182.18M | 198.95M | 148.00M | 143.40M | 137.20M | 107.50M | 86.00M | 90.30M | 80.40M | 74.30M | 85.60M | 84.80M | 84.00M | 80.60M | 84.20M | 95.00M | 106.60M |
| Other Expenses | 84.50M | 33.70M | 56.40M | 11.10M | 83.50M | 600.00K | -2.40M | 3.50M | 3.30M | -1.70M | 500.00K | -317.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 34.47M | 17.70M | 14.90M | 13.00M | 9.20M | 7.10M | 5.80M | 5.70M | 5.20M | 5.20M | 5.00M | 5.10M | 4.90M | 5.00M | 5.20M | 5.40M |
| Operating Expenses | 940.70M | 940.10M | 874.20M | 650.50M | 752.80M | 669.40M | 749.00M | 758.00M | 816.00M | 815.20M | 830.70M | 481.90M | 386.53M | 347.50M | 316.38M | 345.18M | 333.15M | 318.24M | 291.89M | 274.13M | 246.65M | 217.15M | 182.18M | 216.65M | 162.90M | 156.40M | 146.40M | 114.60M | 91.80M | 96.00M | 85.60M | 79.50M | 90.60M | 89.90M | 88.90M | 85.60M | 89.40M | 100.40M | 112.30M |
| Cost & Expenses | 2.31B | 2.55B | 2.26B | 1.71B | 2.10B | 1.99B | 2.18B | 2.29B | 2.46B | 2.49B | 2.46B | 1.49B | 1.24B | 1.10B | 985.71M | 1.08B | 1.06B | 1.02B | 947.69M | 891.90M | 808.99M | 750.03M | 645.21M | 676.27M | 605.00M | 600.10M | 598.20M | 462.70M | 376.50M | 349.10M | 313.50M | 280.50M | 299.10M | 309.50M | 311.00M | 310.50M | 310.50M | 341.30M | 382.40M |
| Interest Income | 0.00 | 47.30M | 37.40M | 43.60M | 30.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 565.00K | 370.00K | 184.00K | 383.00K | 1.76M | 1.76M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 63.50M | 47.30M | 37.40M | 43.60M | 30.00M | 24.50M | 32.10M | 34.80M | 38.20M | 45.40M | 52.00M | 14.03M | 1.40M | 387.00K | 111.00K | 1.09M | 2.85M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 24.50M | 68.30M | 89.60M | 43.90M | 116.20M | 46.80M | 72.50M | 43.50M | 48.70M | 53.30M | 56.20M | 27.65M | 15.91M | 16.20M | 17.62M | 20.70M | 22.79M | 20.62M | 20.04M | 19.07M | 17.95M | 16.86M | 17.62M | 17.70M | 14.90M | 13.00M | 9.20M | 7.10M | 5.80M | 5.70M | 5.20M | 5.20M | 5.00M | 5.10M | 4.90M | 5.00M | 5.20M | 5.40M | 5.70M |
| EBITDA | -46.20M | -137.30M | 207.30M | -96.60M | 292.10M | 251.90M | 94.00M | 253.70M | 287.40M | 325.40M | 298.30M | 136.43M | 186.21M | 160.00M | 103.81M | 164.13M | 163.83M | 143.92M | 133.35M | 119.08M | 97.88M | 93.93M | 92.48M | 42.72M | 75.50M | 82.20M | 76.20M | 55.40M | 43.30M | 35.10M | 24.80M | 17.80M | 19.70M | 17.80M | 17.50M | 18.20M | 15.80M | 5.80M | 12.80M |
| EBITDA Ratio | -2.06% | 6.25% | 7.67% | 6.70% | 9.17% | 12.68% | 8.52% | 9.98% | 10.69% | 11.69% | 10.79% | 10.58% | 13.23% | 12.92% | 10.48% | 11.54% | 13.55% | 12.71% | 12.58% | 11.97% | 10.93% | 11.23% | 12.78% | 6.10% | 11.45% | 12.12% | 11.52% | 10.35% | 10.14% | 9.27% | 7.05% | 6.93% | 7.84% | 9.78% | 4.39% | 5.19% | 4.73% | 4.27% | 2.31% |
| Operating Income | -68.20M | 133.10M | 155.70M | 87.20M | 171.00M | 251.90M | 23.90M | 159.90M | 201.10M | 229.90M | 192.30M | 113.72M | 108.70M | 169.19M | 143.80M | 86.19M | 143.43M | 138.57M | 122.29M | 111.25M | 96.82M | 74.98M | 71.51M | 68.55M | 15.02M | 49.60M | 61.90M | 61.00M | 47.70M | 34.10M | 24.00M | 15.90M | -9.10M | 4.60M | -6.20M | 10.30M | 8.90M | 7.30M | -14.80M |
| Operating Income Ratio | -3.04% | 4.96% | 6.45% | 4.87% | 7.52% | 11.25% | 1.02% | 6.41% | 7.47% | 8.33% | 7.15% | 6.93% | 7.71% | 13.55% | 13.06% | 7.06% | 11.96% | 12.14% | 11.53% | 11.22% | 10.89% | 9.07% | 9.93% | 9.77% | 2.26% | 7.41% | 9.31% | 11.94% | 11.52% | 9.01% | 7.21% | 5.42% | -2.90% | 1.43% | -1.92% | 3.18% | 2.77% | 2.14% | -3.80% |
| Total Other Income/Expenses | -66.00M | -44.50M | -75.40M | -47.00M | -25.10M | -24.50M | -42.20M | -53.30M | -36.50M | -48.40M | -64.60M | -60.50M | -1.29M | 979.00K | -29.65M | -254.00K | -209.00K | -1.00M | -2.06M | -2.94M | -4.79M | -5.42M | -6.31M | -10.01M | -11.00M | -7.30M | -6.00M | -600.00K | -3.40M | -3.90M | -3.70M | -6.10M | -10.10M | -18.90M | -2.30M | -4.30M | -3.30M | -15.20M | -4.00M |
| Income Before Tax | -134.20M | -252.90M | 80.30M | -184.10M | 145.90M | 227.40M | -10.60M | 110.50M | 164.60M | 181.50M | 127.70M | 94.18M | 168.91M | 143.23M | 85.69M | 140.58M | 138.57M | 122.29M | 111.25M | 97.07M | 75.15M | 71.65M | 68.55M | 15.02M | 49.60M | 61.90M | 61.00M | 47.70M | 34.10M | 25.50M | 15.90M | 6.50M | 4.60M | -6.20M | 10.30M | 8.90M | 7.30M | -14.80M | 3.10M |
| Income Before Tax Ratio | -5.98% | -9.42% | 3.33% | -10.28% | 6.42% | 10.16% | -0.45% | 4.43% | 6.12% | 6.57% | 4.75% | 5.74% | 11.99% | 11.47% | 7.78% | 11.52% | 11.56% | 10.71% | 10.49% | 9.79% | 8.45% | 8.66% | 9.52% | 2.14% | 7.45% | 9.25% | 9.17% | 9.33% | 8.24% | 6.74% | 4.77% | 2.22% | 1.47% | -1.92% | 3.18% | 2.75% | 2.27% | -4.33% | 0.80% |
| Income Tax Expense | -95.00M | -63.80M | 13.30M | -45.50M | 17.00M | 27.10M | -9.90M | 23.00M | 41.40M | 47.60M | 26.70M | 13.41M | 45.62M | 38.76M | 23.78M | 44.76M | 45.69M | 38.65M | 36.78M | 30.88M | 23.26M | 23.60M | 23.31M | 4.33M | 17.20M | 20.20M | 19.50M | 14.80M | 10.00M | 7.40M | 4.40M | 1.90M | 1.30M | -500.00K | 3.00M | 1.20M | 800.00K | -2.20M | -900.00K |
| Net Income | -39.60M | -189.10M | 68.60M | -138.60M | 128.50M | 200.10M | 300.00K | 87.70M | 122.80M | 133.10M | 100.40M | 80.69M | 123.29M | 104.47M | 61.91M | 95.82M | 92.89M | 83.65M | 74.47M | 65.94M | 51.72M | 47.91M | 45.24M | 10.69M | 32.40M | 41.70M | 41.50M | 32.90M | 24.10M | 16.60M | 11.50M | -11.00M | 3.30M | -5.70M | 7.30M | 7.70M | 6.50M | -12.60M | 4.00M |
| Net Income Ratio | -1.77% | -7.04% | 2.84% | -7.74% | 5.65% | 8.94% | 0.01% | 3.52% | 4.56% | 4.82% | 3.73% | 4.92% | 8.75% | 8.37% | 5.62% | 7.85% | 7.75% | 7.33% | 7.02% | 6.65% | 5.82% | 5.79% | 6.28% | 1.52% | 4.87% | 6.23% | 6.24% | 6.44% | 5.82% | 4.39% | 3.45% | -3.75% | 1.05% | -1.77% | 2.26% | 2.38% | 2.02% | -3.69% | 1.03% |
| EPS | -0.51 | -2.37 | 0.82 | -1.71 | 1.48 | 2.18 | 0.00 | 0.90 | 1.19 | 1.31 | 1.00 | 0.82 | 1.28 | 1.07 | 0.62 | 0.98 | 0.89 | 0.76 | 0.67 | 0.38 | 0.29 | 0.40 | 0.37 | 0.09 | 0.27 | 0.33 | 0.22 | 0.12 | 0.07 | 0.15 | 0.02 | -0.11 | 0.00 | -0.06 | 0.01 | 0.01 | 0.01 | -0.12 | 0.00 |
| EPS Diluted | -0.51 | -2.37 | 0.81 | -1.71 | 1.45 | 2.11 | 0.00 | 0.89 | 1.19 | 1.30 | 0.99 | 0.82 | 1.24 | 1.06 | 0.62 | 0.95 | 0.85 | 0.74 | 0.64 | 0.36 | 0.28 | 0.38 | 0.36 | 0.09 | 0.26 | 0.32 | 0.21 | 0.11 | 0.06 | 0.15 | 0.01 | -0.11 | 0.00 | -0.06 | 0.01 | 0.01 | 0.01 | -0.12 | 0.00 |
| Weighted Avg Shares Out | 79.40M | 79.70M | 82.30M | 81.00M | 85.10M | 91.70M | 93.70M | 95.30M | 98.46M | 100.02M | 98.80M | 96.91M | 96.34M | 98.00M | 96.35M | 98.21M | 105.00M | 110.06M | 111.98M | 115.57M | 176.47M | 120.79M | 122.27M | 123.35M | 121.50M | 125.10M | 127.66M | 125.10M | 123.09M | 110.58M | 103.63M | 101.29M | 99.38M | 99.38M | 102.11M | 101.65M | 107.96M | 109.09M | 108.89M |
| Weighted Avg Shares Out (Dil) | 79.40M | 79.70M | 83.30M | 81.00M | 87.20M | 95.00M | 96.06M | 97.12M | 100.00M | 101.84M | 100.75M | 98.67M | 97.46M | 99.02M | 99.86M | 100.86M | 108.98M | 113.81M | 117.27M | 121.31M | 184.02M | 124.99M | 126.84M | 123.35M | 124.62M | 128.97M | 127.66M | 125.10M | 123.09M | 112.05M | 103.63M | 101.29M | 99.38M | 99.38M | 102.11M | 101.65M | 107.96M | 109.09M | 108.89M |
MERRELL ANNOUNCES NOREEN NAROO-PUCCI AS CHIEF PRODUCT OFFICER
The brand-building, global leader will support product vision, strategy and innovation ROCKFORD, Mich. , Dec. 5, 2024 /PRNewswire/ -- Merrell, the world's leading hiking and outdoor footwear brand, announced it has welcomed Noreen Naroo-Pucci as Chief Product Officer.
Saucony® Signs Jackie Gaughan, 2024 U.S. Women's Olympic Marathon Trials Qualifier
Gaughan, 15th-fastest among Trials qualifiers, races in the Saucony Endorphin Elite ROCKFORD, Mich. , Dec. 3, 2024 /PRNewswire/ -- Saucony, a global performance running lifestyle brand, has announced that Jackie Gaughan, a competitor in the 2024 U.S. Women's Olympic Marathon...
MERRELL, BIG BROTHERS BIG SISTERS OF AMERICA DESIGN ICONIC HIKER TO FOSTER INCLUSIVE OUTDOOR EXPERIENCES
The partnership emphasizes how mentorship and outdoor equity can unlock curiosity, aspiration, and empowerment for young individuals ROCKFORD, Mich. , Dec. 2, 2024 /PRNewswire/ -- Merrell®, the world's leading hike and outdoor footwear brand, announced it has collaborated on an exclusive...
Wolverine World Wide (WWW) is a Great Momentum Stock: Should You Buy?
Does Wolverine World Wide (WWW) have what it takes to be a top stock pick for momentum investors? Let's find out.
Wolverine Trading Above 50 & 200-Day SMA: Bullish Signal Ahead?
WWW showcases strong financial momentum and operational efficiencies, positioning it for sustained growth and long-term value creation.
Wolverine Worldwide's Work Group Appoints Mike Maloney as Chief Product Officer
ROCKFORD, Mich. , Nov. 26, 2024 /PRNewswire/ -- The Work Group of Wolverine World Wide, Inc. (NYSE: WWW) today announced the appointment of industry veteran Mike Maloney as its new Chief Product Officer.
Sweaty Betty Expands U.S. Presence With Two New Stores
London-based women's activewear brand opens locations in Chicago and Washington, D.C. ROCKFORD, Mich.
Wolverine and Jarritos Unite to Celebrate Heritage and Flavor with Limited-Edition Trade Wedge Boot
ROCKFORD, Mich. , Nov. 19, 2024 /PRNewswire/ -- Wolverine®, the 141-year-old boot and clothing company, has joined forces with the beloved Mexican soft drink brand, Jarritos®, to launch a limited-edition boot that's as bold and vibrant as the flavors it...
Wolverine Worldwide Opens Boston Innovation Hub to Accelerate Product Design and Development
ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced the opening of a new global Innovation Hub on 90 Causeway Street in Boston, Massachusetts. “Boston is an amazing city with a deep connection to our brands and exceptional design...
Bull of the Day: Wolverine World Wide (WWW)
A big earnings beat has this stock continuing its strong move higher.
Source: https://incomestatements.info
Category: Stock Reports
What were Wolverine World Wide’s revenue and profit margins in 2023?
The Company expects the following preliminary and unaudited financial results for its ongoing business as of December 30, 2023 : Full year and fourth quarter reported revenue of approximately $2.24 billion and $527 million , respectively – in line with November guidance.