WOLVERINE WORLD WIDE INC /DE/ WWW
Wolverine World Wide, Inc. (the "Company") is a leading designer, marketer and licensor of a broad range of quality 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's products are marketed worldwide in approximately 170 countries and territories through owned operations in the United States ("U.S."), Canada, the United Kingdom ("U.K.") and certain countries in continental Europe and Asia Pacific. In other regions (Latin America, portions of Europe and Asia Pacific, the Middle East and Africa), the Company relies on a network of third-party distributors, licensees and joint ventures.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.87B | $1.75B | $2.24B | $2.68B | $2.41B | $1.79B | $2.27B | $2.24B | $2.35B | $2.49B |
| Cost of revenue | $987.6M | $977.0M | $1.37B | $1.61B | $1.39B | $1.06B | $1.35B | $1.32B | $1.43B | $1.53B |
| Gross profit | $886.7M | $778.0M | $873.9M | $1.07B | $1.03B | $735.6M | $923.8M | $921.3M | $914.4M | $959.9M |
| SG&A | $729.9M | $690.0M | $856.2M | $906.4M | $817.8M | $639.4M | $669.3M | $654.1M | $706.0M | $754.1M |
| Total operating expenses | $736.5M | $680.5M | $940.7M | $1.28B | — | — | — | — | — | — |
| Operating income | $150.2M | $97.5M | -$66.8M | -$208.4M | $155.7M | -$137.1M | $171.0M | $251.9M | $31.6M | $163.8M |
| Interest expense | $32.8M | $42.7M | $63.5M | $47.3M | $37.4M | $43.6M | $30.0M | $24.5M | $32.1M | $34.8M |
| Pre-tax income | $121.5M | $58.1M | -$132.8M | -$252.9M | $80.3M | -$184.1M | $145.9M | $227.4M | -$10.6M | $110.5M |
| Income tax | $20.5M | $9.3M | $94.7M | $63.8M | $13.3M | $45.5M | $17.0M | $27.1M | $9.9M | $23.0M |
| Net income | $95.8M | $45.2M | -$38.5M | -$188.3M | $68.6M | -$136.9M | $128.5M | $200.1M | $300.0K | $87.7M |
| EPS, basic | 1.14 | 0.55 | -0.49 | -2.37 | 0.82 | -1.70 | 1.48 | 2.07 | 0.00 | 0.90 |
| EPS, diluted | 1.14 | 0.55 | -0.49 | -2.37 | 0.81 | -1.70 | 1.44 | 2.05 | 0.00 | 0.89 |
| Shares, diluted (wtd. avg.) | 81.7M | 80.0M | 79.4M | 79.7M | 83.3M | 81.0M | 87.2M | 95.0M | 95.4M | 96.2M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $206.3M | $152.1M | $179.0M | $131.5M | $161.7M | $347.4M | $180.6M | $143.1M | $481.0M | $369.8M |
| Receivables | $162.1M | $209.4M | $230.8M | $241.7M | $319.6M | $268.3M | $331.2M | $361.2M | $271.3M | $263.3M |
| Inventory | $274.2M | $247.8M | $373.6M | $745.2M | $365.5M | $243.1M | $348.2M | $317.6M | $276.7M | $348.7M |
| Total current assets | $729.4M | $695.7M | $1.03B | $1.27B | $903.7M | $904.2M | $967.1M | $867.7M | $1.07B | $1.03B |
| Property, plant and equipment | $80.6M | $89.7M | $96.3M | $136.2M | $129.0M | $124.6M | $141.0M | $130.9M | $136.7M | $146.1M |
| Goodwill | $431.3M | $424.6M | $427.1M | $485.0M | $556.6M | $442.4M | $438.9M | $424.4M | $429.8M | $424.3M |
| Other intangibles | $29.3M | $31.5M | $34.9M | $67.4M | $74.6M | $73.0M | $77.8M | $71.9M | $77.0M | $83.8M |
| Total assets | $1.71B | $1.67B | $2.06B | $2.49B | $2.59B | $2.14B | $2.48B | $2.18B | $2.40B | $2.43B |
| Accounts payable | $174.7M | $200.9M | $206.0M | $272.2M | $222.1M | $185.0M | $202.1M | $202.3M | $162.3M | $150.8M |
| Short-term debt | $0 | $10.0M | $10.0M | $10.0M | $10.0M | $10.0M | $12.5M | $7.5M | $37.5M | $37.5M |
| Total current liabilities | $521.1M | $533.1M | $869.4M | $1.11B | $759.6M | $406.0M | $787.4M | $473.1M | $362.3M | $333.7M |
| Long-term debt | $546.7M | $568.0M | $605.8M | $723.0M | $731.8M | $712.5M | $425.9M | $438.0M | $744.6M | $780.3M |
| Retained earnings | $917.2M | $855.1M | $834.8M | $907.2M | $1.13B | $1.09B | $1.26B | $1.17B | $992.2M | $1.02B |
| Total equity | $408.0M | $312.9M | $308.3M | $346.2M | $644.4M | $573.0M | $778.4M | $991.6M | $955.2M | $974.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $140.0M | $180.1M | $121.8M | -$178.9M | $86.8M | $309.1M | $222.6M | $97.5M | $202.7M | $296.3M |
| Depreciation and amortisation | $25.9M | $26.2M | $35.1M | $34.6M | $33.2M | $32.8M | $32.7M | $31.5M | $37.2M | $43.5M |
| Stock-based compensation | $24.4M | $19.1M | $15.2M | $33.4M | $38.1M | $28.9M | $24.5M | $31.2M | $25.4M | $22.8M |
| Capital expenditure | $14.5M | $20.2M | $14.6M | $36.5M | $17.6M | $10.3M | $34.4M | $21.7M | $32.4M | $55.3M |
| Investing cash flow | -$13.9M | $86.8M | $171.6M | $54.6M | -$437.3M | $6.1M | -$61.5M | -$22.2M | -$1.0M | -$38.4M |
| Financing cash flow | -$77.7M | -$299.2M | -$246.3M | $107.1M | $169.3M | -$154.0M | -$124.6M | -$404.5M | -$98.0M | -$79.5M |
| Dividends paid | $33.3M | $32.5M | $32.6M | $32.8M | $33.5M | $33.6M | $33.6M | $28.6M | $23.0M | $23.5M |
| Buybacks | $14.5M | $0 | $0 | $81.3M | $39.6M | $21.0M | $319.2M | $174.7M | $51.5M | $52.7M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-012614.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.49B | $2.35B | $2.24B | $2.27B | $1.79B | $2.41B | $2.68B | $2.24B | $1.75B | $1.87B |
| Gross profit | $959.9M | $914.4M | $921.3M | $923.8M | $735.6M | $1.03B | $1.07B | $873.9M | $778.0M | $886.7M |
| Net income | $87.7M | $300.0K | $200.1M | $128.5M | -$136.9M | $68.6M | -$188.3M | -$38.5M | $45.2M | $95.8M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Results announced Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Results announced Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Results announced Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Results announced Item 2.02
- Shareholder vote Item 5.07
- Officer or director change Item 5.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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