See more : HKC International Holdings Limited (0248.HK) 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 |
Wolverine (WWW) Q1 Earnings Meet Estimates, Revenues Dip Y/Y
Wolverine's (WWW) Q1 results reflect y/y declines in revenues and earnings. Nonetheless, the company is enhancing its core brands like Merrell and Saucony, and improving operational efficiencies.
Wolverine World Wide, Inc. (WWW) Q1 2024 Earnings Call Transcript
Wolverine World Wide, Inc. (NYSE:WWW ) Q1 2024 Earnings Conference Call May 8, 2024 8:30 AM ET Company Participants Alex Wiseman – Vice President-Finance Chris Hufnagel – President and Chief Executive Officer Mike Stornant – Executive Vice President and Chief...
Wolverine World Wide (WWW) Q1 Earnings Match Estimates
Wolverine World Wide (WWW) came out with quarterly earnings of $0.05 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.09 per share a year ago.
Wolverine Worldwide Appoints Taryn Miller as Chief Financial Officer
ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced that it has appointed Taryn Miller as the Company's Chief Financial Officer, effective May 9, 2024. Ms. Miller will report to Chris Hufnagel, the Company's President and Chief Executive Officer...
Wolverine Worldwide Exceeds First Quarter Revenue and Earnings Expectations and Posts Record Gross Margin
ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for the first quarter ended March 30, 2024. “We delivered better-than-expected revenue and earnings in the first quarter, and we are beginning to see proof points emerge as...
Wolverine's (WWW) Q1 Earnings Coming Up: What Lies Ahead?
Wolverine's (WWW) Q1 results are likely to reflect y/y revenue and earnings declines amid a challenging retail environment.
Saucony® Launches Redesigned Triumph 22
Introducing the redefined Triumph 22, where superior comfort meets unparalleled joy ROCKFORD, Mich. , May 1, 2024 /PRNewswire/ -- Saucony, a leading global performance running lifestyle brand, today announces the launch of the redesigned Triumph 22, now featuring the...
Wolverine Worldwide Advances Strategic Transformation With New Licensing Agreements
ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced that it has entered into two global licensing agreements as part of its ongoing strategic transformation into a brand-led growth company. Under the first agreement, Vida Shoes International will become...
Wolverine Worldwide Appoints Dave Latchana Chief Legal Officer and Corporate Secretary
ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced that Dave Latchana has been appointed Chief Legal Officer and Corporate Secretary, with oversight of the Company's legal, compliance, corporate communications, risk management, ESG and security and loss prevention functions....
Wolverine Worldwide Announces First Quarter Fiscal 2024 Conference Call for May 8, 2024
ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced that it expects to report its first quarter fiscal 2024 financial results on Wednesday, May 8, 2024, at approximately 6:30 a.m. ET. Following the press release, the Company will host...
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.