Wolverine World Wide (WWW) AI Stock Analysis

• Market Cap: $1.32B
• Dividend Yield: 1.72%
• Average Volume (3M): 2.32M
• Price to Earnings (P/E): 15.3
• Beta (1Y): 2.00
• Revenue Growth: 3.61%
• EPS Growth: N/A
• Country: US
• Employees: 3,100
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Footwear & Accessories
• EPS (TTM): 0.36
• Shares Outstanding: 81,967,896
• 10 Day Avg. Volume: 1,843,382
• 30 Day Avg. Volume: 2,324,773
• PEG Ratio: -0.18
• Price to Book (P/B): 5.85
• Price to Sales (P/S): 1.02
• P/FCF Ratio: 11.25
• Enterprise Value/Market Cap: 2.26
• Enterprise Value/Revenue: 1.61
• Enterprise Value/Gross Profit: 3.47
• Enterprise Value/Ebitda: 18.45
• 1Y Price Target: $23.57
• Price Target Upside: 44.78% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7
• EPS Forecast (FY): 1.33
• Revenue Forecast (FY): $1.87B

• Rating: 59 Neutral
• Price Target: $17.50 ▲(7.49% Upside)

Wolverine World Wide's overall stock score reflects a mixed outlook. The company's strong earnings call and cash flow generation are offset by bearish technical indicators and high leverage. Strategic improvements in operational efficiency and debt management are crucial for enhancing future performance.

Positive Factors

Revenue Growth

Consistent revenue growth, especially from strong brands like Merrell and Saucony, indicates a robust market position and effective brand strategy.

Gross Margin Improvement

Record gross margins reflect effective cost management and pricing strategies, enhancing profitability and financial health.

Cash Flow Generation

Strong cash flow generation supports operational flexibility and investment capacity, crucial for sustaining growth and managing debts.

Negative Factors

High Leverage

High leverage limits financial flexibility and increases risk, potentially impacting the company's ability to invest in growth opportunities.

Tariff Impact

Tariff-related cost pressures could erode margins and profitability, challenging the company's ability to maintain competitive pricing.

Operational Efficiency Challenges

Low operational margins indicate inefficiencies that could hinder profitability and competitiveness, necessitating strategic improvements.

Wolverine World Wide Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Wolverine World Wide generates revenue primarily through the sale of its branded footwear and apparel across multiple distribution channels, including wholesale, retail, and direct-to-consumer platforms. Key revenue streams include product sales through physical retail stores, e-commerce platforms, and partnerships with third-party retailers. The company also benefits from licensing agreements that allow other companies to produce and sell products under its brands. Significant partnerships with retailers and distributors enhance market reach and brand visibility, contributing to increased sales. Additionally, the company's focus on product innovation and expanding its brand portfolio helps drive consumer demand and revenue growth.

Wolverine World Wide Financial Statement Overview

Summary

Wolverine World Wide shows a mixed financial performance with positive revenue growth and strong cash flow generation. However, challenges include high leverage and relatively low operational margins, which need improvement for future stability.

Income Statement

Wolverine World Wide's income statement shows a moderate performance with a gross profit margin of 44.24% and a net profit margin of 4.15% for the TTM. Revenue growth is positive at 2.77%, indicating a recovery from previous declines. However, the EBIT and EBITDA margins are relatively low at 7.21% and 9.28% respectively, suggesting room for improvement in operational efficiency.

Balance Sheet

The balance sheet reflects a high debt-to-equity ratio of 2.77, indicating significant leverage which could pose financial risks. Return on equity is strong at 24.80%, showing effective use of equity to generate profits. However, the equity ratio is low, suggesting a reliance on debt financing.

Cash Flow

Cash flow analysis reveals a healthy free cash flow growth rate of 15.79% and a strong free cash flow to net income ratio of 82.99%, indicating good cash generation relative to profits. The operating cash flow to net income ratio is lower at 24.22%, suggesting potential constraints in cash flow relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.85B	1.75B	2.24B	2.68B	2.41B	1.79B
Gross Profit	859.70M	781.50M	872.50M	1.07B	1.03B	735.60M
EBITDA	161.50M	130.50M	-46.20M	-171.00M	207.30M	-107.70M
Net Income	87.60M	47.90M	-39.60M	-188.30M	68.60M	-136.90M
Balance Sheet
Total Assets	1.71B	1.67B	2.06B	2.49B	2.59B	2.14B
Cash, Cash Equivalents and Short-Term Investments	133.90M	152.10M	179.00M	131.50M	161.70M	347.40M
Total Debt	822.10M	797.70M	1.09B	1.35B	1.12B	886.80M
Total Liabilities	1.32B	1.35B	1.76B	2.15B	1.94B	1.56B
Stockholders Equity	376.70M	307.30M	278.60M	320.60M	629.60M	561.40M
Cash Flow
Free Cash Flow	54.30M	159.90M	107.20M	-215.40M	69.20M	298.80M
Operating Cash Flow	76.20M	180.10M	121.80M	-178.90M	86.80M	309.10M
Investing Cash Flow	-21.20M	86.80M	171.60M	54.60M	-437.30M	6.10M
Financing Cash Flow	-58.90M	-299.20M	-246.30M	107.10M	169.30M	-154.00M

Wolverine World Wide Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 16.28
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For WWW, the sentiment is Negative. The current price of 16.28 is below the 20-day moving average (MA) of 17.02, below the 50-day MA of 22.78, and below the 200-day MA of 19.88, indicating a bearish trend. The MACD of -2.24 indicates Negative momentum. The RSI at 35.32 is Neutral, neither overbought nor oversold. The STOCH value of 70.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for WWW.

Wolverine World Wide Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RCKY	76 Outperform	$230.06M	11.21	8.67%	2.12%	4.13%	53.56%
SHOO	69 Neutral	$3.04B	53.19	6.68%	2.25%	6.26%	-66.51%
WEYS	68 Neutral	$289.41M	11.96	9.57%	10.13%	-3.64%	-16.12%
CROX	63 Neutral	$4.31B	27.09	11.82%	―	<0.01%	-77.31%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
WWW	59 Neutral	$1.32B	15.32	25.57%	1.72%	3.61%	―
CAL	55 Neutral	$394.27M	6.69	9.50%	2.37%	-5.31%	-62.20%

Wolverine World Wide Corporate Events

Wolverine World Wide Reports Strong Q3 2025 Performance

Wolverine World Wide, Inc., headquartered in Rockford, Michigan, is a prominent global designer, marketer, and licensor of branded footwear and apparel, known for its diverse portfolio including Merrell, Saucony, and Sweaty Betty, among others.

Wolverine World Wide’s Earnings Call Highlights Growth Amid Challenges

The recent earnings call for Wolverine World Wide painted a picture of robust performance in key segments such as Merrell and Saucony, which significantly contributed to the company’s revenue and profit growth. Despite these successes, challenges persist in the Work Group and Sweaty Betty segments, compounded by tariff-related cost pressures. The company is strategically investing to ensure long-term growth while addressing these immediate challenges.

Wolverine World Wide Updates Credit and Receivables Agreements

On September 24, 2025, Wolverine World Wide, Inc. amended its Credit Agreement to introduce a $600 million revolving credit facility, replacing the previous $800 million facility, and eliminated the term loan A facility. The new facility, with a maturity date extended to September 24, 2030, is structured to meet the company’s capital needs with variable interest rates and commitment fees based on leverage ratios. Additionally, on September 25, 2025, the company amended its Receivables Purchase Agreement, extending the scheduled termination date to September 25, 2028.

The most recent analyst rating on (WWW) stock is a Buy with a $36.00 price target. To see the full list of analyst forecasts on Wolverine World Wide stock, see the WWW Stock Forecast page.

Wolverine Worldwide Q2 Earnings: Strong Growth Amid Challenges

Wolverine Worldwide’s recent earnings call revealed a generally positive sentiment, reflecting strong performance in the second quarter. The company reported notable revenue growth in key brands and significant improvement in gross margins, contributing to a strengthened financial position with reduced net debt. Despite these achievements, challenges such as new tariffs and pressures in specific product categories remain. The company remains focused on long-term strategic growth and mitigating negative impacts.

Wolverine World Wide Reports Strong Q2 2025 Results

Wolverine World Wide, Inc., founded in 1883 and based in Rockford, Michigan, is a leading designer, marketer, and licensor of branded footwear and apparel, known for its diverse portfolio including Merrell, Saucony, and Sweaty Betty, among others.