Founded in 1883 on the belief in the possibility of opportunity, Wolverine World Wide, Inc. is one of the world’s leading marketers and licensors of branded casual, active lifestyle, work, outdoor sport, athletic, children's and uniform footwear and apparel. Through a diverse portfolio of highly recognized brands, its products are designed to empower, engage and inspire its consumers every step of the way. The company’s portfolio includes Merrell®, Sperry®, Hush Puppies®, Saucony®, Wolverine®, Keds®, Stride Rite®, Chaco®, Bates®, and HYTEST®. Wolverine Worldwide is also the global footwear licensee of the popular brands Cat® and Harley-Davidson®. Based in Rockford, Michigan, for more than 130 years, the company's products are carried by leading retailers in the U.S. and globally in approximately 170 countries and territories.
Company profile
Ticker
WWW
Exchange
Website
CEO
Blake Krueger
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Gemini Asia Merrell, LLC • Gemini Asia Saucony, LLC • Gemini Intellectual Property, LLC • Gemini Operations B.V. • Hush Puppies Retail, LLC • Keds, LLC • Krause Cayman Ltd. • Krause Global B.V. • Krause Leathers (Thailand) Limited • Lady of Leisure Holdings Limited ...
IRS number
381185150
WWW stock data
Analyst ratings and price targets
Latest filings (excl ownership)
ARS
2022 FY
Annual report to shareholders
22 Mar 23
DEFA14A
Additional proxy soliciting materials
22 Mar 23
DEF 14A
Definitive proxy
22 Mar 23
8-K
Departure of Directors or Certain Officers
17 Mar 23
10-K
2022 FY
Annual report
23 Feb 23
8-K
Wolverine Worldwide Reports Fourth Quarter Results In-line with Guidance and Provides Outlook for 2023
22 Feb 23
8-K
Entry into a Material Definitive Agreement
8 Feb 23
8-K
Results of Operations and Financial Condition
9 Jan 23
8-K
Departure of Directors or Certain Officers
23 Dec 22
8-K
Entry into a Material Definitive Agreement
8 Dec 22
Transcripts
WWW
Earnings call transcript
2022 Q4
22 Feb 23
WWW
Earnings call transcript
2022 Q3
9 Nov 22
WWW
Earnings call transcript
2022 Q2
10 Aug 22
WWW
Earnings call transcript
2022 Q1
11 May 22
WWW
Earnings call transcript
2021 Q4
23 Feb 22
WWW
Earnings call transcript
2021 Q3
10 Nov 21
WWW
Earnings call transcript
2021 Q2
1 Aug 21
WWW
Earnings call transcript
2021 Q1
12 May 21
WWW
Earnings call transcript
2020 Q4
27 Feb 21
WWW
Earnings call transcript
2020 Q3
7 Nov 20
Latest ownership filings
Financial summary
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| Annual (USD) | Dec 22 | Jan 22 | Jan 21 | Dec 19 | |
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| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 131.50 mm | 131.50 mm | 131.50 mm | 131.50 mm | 131.50 mm | 131.50 mm |
| Cash burn (monthly) | 1.63 mm | 2.52 mm | 155.23 mm | 18.28 mm | (no burn) | 14.91 mm |
| Cash used (since last report) | 4.78 mm | 7.37 mm | 454.51 mm | 53.53 mm | n/a | 43.65 mm |
| Cash remaining | 126.72 mm | 124.13 mm | -323.01 mm | 77.97 mm | n/a | 87.85 mm |
| Runway (months of cash) | 77.6 | 49.3 | -2.1 | 4.3 | n/a | 5.9 |
Institutional ownership, Q4 2022
89.5% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 227 |
| Opened positions | 63 |
| Closed positions | 49 |
| Increased positions | 65 |
| Reduced positions | 71 |
| 13F shares | Current |
|---|---|
| Total value | 746.08 bn |
| Total shares | 70.61 mm |
| Total puts | 146.80 k |
| Total calls | 327.70 k |
| Total put/call ratio | 0.4 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 12.53 mm | $136.99 bn |
| Vanguard | 9.26 mm | $101.21 bn |
| Earnest Partners | 6.45 mm | $70.53 bn |
| MS Morgan Stanley | 3.05 mm | $33.28 bn |
| STT State Street | 2.98 mm | $32.90 bn |
| BAC Bank Of America | 2.91 mm | $31.80 bn |
| Diamond Hill Capital Management | 1.92 mm | $20.96 bn |
| Dimensional Fund Advisors | 1.85 mm | $20.35 bn |
| Geode Capital Management | 1.39 mm | $15.31 bn |
| Millennium Management | 1.35 mm | $14.86 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 8 Mar 23 | Stornant Michael D | Common Stock | Gift | Acquire G | Yes | No | 0 | 24,545 | 0.00 | 218,044 |
| 8 Mar 23 | Stornant Michael D | Common Stock | Gift | Dispose G | No | No | 0 | 24,545 | 0.00 | 0 |
| 8 Mar 23 | Zwiers James D | Common Stock | Gift | Acquire G | Yes | No | 0 | 38,968 | 0.00 | 62,747 |
| 8 Mar 23 | Zwiers James D | Common Stock | Gift | Dispose G | No | No | 0 | 38,968 | 0.00 | 0 |
News
Wolverine World Wide Says Blake Krueger Will Retire As Chairman & Be Succeeded By Tom Long As Part Of Planned Leadership Transition
17 Mar 23
Analyst Expectations for Wolverine World Wide's Future
13 Mar 23
Benzinga's Top Ratings Upgrades, Downgrades For March 13, 2023
13 Mar 23
Seaport Global Upgrades Wolverine World Wide to Buy, Announces $23 Price Target
13 Mar 23
Insiders Buying Wolverine World Wide And 2 Other Stocks
1 Mar 23
Press releases
Wolverine Worldwide Announces New Board Chairman and Directors
17 Mar 23
MERRELL® ADDS TRAIL RUNNER REID BURROWS TO ELITE GLOBAL ATHLETE ROSTER
16 Mar 23
Wolverine Worldwide Reports Fourth Quarter Results In-Line With Guidance and Provides Outlook For 2023
22 Feb 23
MERRELL® LAUNCHES COLLABORATION WITH PAINTER JORDAN ANN CRAIG
9 Feb 23
Wolverine Worldwide Declares Quarterly Dividend
8 Feb 23