Key Points Hong Kong-based Oxbow Capital Management initiated a position in Wolverine World Wide during the third quarter, buying up 1.98 million shares. The position was worth about $54.43 million at quarter-end. Wolverine World Wide is now the fund’s fifth-largest holding, reflecting a significant allocation to the consumer footwear company. These 10 stocks could mint the next wave of millionaires › On November 13, Hong Kong-based Oxbow Capital Management disclosed a new position in Wolverine ...

Core Insights - Wolverine World Wide, Inc.'s international business is a key growth driver, showcasing the strength of its global brand portfolio and scalable operating model, with products sold in over 170 countries [1][9] - The company has projected total revenues between $1.86 billion and $1.87 billion for 2025, indicating a year-over-year growth of 6-6.8% [5] - The stock has gained 5.9% in the past month, contrasting with a 5.9% decline in the Zacks Shoes and Retail Apparel industry [6] International Growth - Saucony is the primary international growth engine, with a focus on key city strategies, including a flagship store in Tokyo and planned expansions in China [2][9] - In Europe, Saucony has achieved strong double-digit growth through sponsorships of events like the London 10K and plans for further expansion in Paris [3] - Merrell has also contributed to international growth, particularly in Europe, where demand for outdoor performance footwear is increasing [4][9] Financial Performance - The Zacks Consensus Estimate for Wolverine World Wide's earnings suggests a year-over-year growth of 47.3% for the current financial year and 1.5% for the next [11] - Current earnings estimates for 2025 are $1.34 per share, with projections remaining unchanged over the past 30 days [12] - The company trades at a forward price-to-sales ratio of 0.75X, below the industry average of 1.66X, indicating potential value [8]

分组1 - Zacks Premium offers various tools for investors to enhance their stock market confidence and knowledge, including daily updates, research reports, and stock screens [1] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market within a 30-day timeframe, rated from A to F based on value, growth, and momentum characteristics [2][6] 分组2 - The Value Score identifies attractive and discounted stocks using financial ratios such as P/E and Price/Sales, appealing to value investors [3] - The Growth Score focuses on a company's future prospects by analyzing projected and historical earnings, sales, and cash flow, catering to growth investors [4] - The Momentum Score assists investors in capitalizing on price trends by evaluating recent price changes and earnings estimate revisions [5] 分组3 - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors who utilize multiple investment strategies [6] - The Zacks Rank, a proprietary stock-rating model, relies on earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +23.81% since 1988, significantly outperforming the S&P 500 [7][8] 分组4 - To maximize returns, investors should target stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, while also considering stocks with a 3 rank if they possess high Style Scores [9] - The direction of earnings estimate revisions is crucial when selecting stocks, as a stock with a low rank but high Style Scores may still face downward price pressure [10] 分组5 - Wolverine World Wide, Inc. specializes in designing, manufacturing, and distributing a variety of footwear and apparel, recognized for brands like Merrell and Hush Puppies [11] - Currently, Wolverine World Wide holds a 3 (Hold) Zacks Rank with a VGM Score of A, and a Momentum Style Score of A, having seen a 9.1% increase in shares over the past four weeks [12] - With positive earnings estimate revisions and a strong earnings surprise average of +31.8%, Wolverine World Wide is positioned as a noteworthy investment opportunity [12][13]

Core Insights - Platinum International Brands Fund reported a 1% return in Q3 2025, underperforming the MSCI AC World Index which returned 6% [1] - The fund's performance was negatively impacted by a capital shift towards AI stocks and declining consumer confidence in the US, affecting the consumer brands industry [1] - Despite challenges, the fund continues to view brand-based businesses as attractive investment opportunities [1] Company Insights - Wolverine World Wide, Inc. (NYSE:WWW) is highlighted as a key stock in the fund's portfolio, with a one-month return of 10.73% but a 52-week loss of 23.24% [2] - As of December 08, 2025, Wolverine World Wide, Inc. had a stock price of $17.44 and a market capitalization of $1.43 billion [2] - The company is undergoing a management shake-up aimed at better commercializing its footwear brands, which had previously suffered from a lack of resources and leadership [3]

Core Thesis - Wolverine World Wide, Inc. is viewed positively despite recent stock price volatility, with a focus on long-term growth potential driven by strategic investments in research and advertising [1][5]. Financial Performance - As of December 2nd, Wolverine World Wide's share price was $16.57, with trailing and forward P/E ratios of 15.91 and 10.95 respectively [1]. - The company reported strong Q3 results, achieving a non-GAAP EPS of $0.36, surpassing the consensus estimate of $0.30, and revenue of $470 million, which represents a 6.8% year-over-year increase and exceeded expectations by $7.2 million [2]. - Full-year 2025 non-GAAP EPS guidance was revised to $1.05–$1.20, indicating a Q4 EPS forecast of $0.16–$0.31, below the consensus of $0.47, which caused short-term investor panic [2]. Strategic Investments - Management plans to increase research and advertising expenditures in Q4 to support long-term growth, which may temporarily suppress EPS due to upfront expensing [3]. - The full-year 2025 revenue guidance remains stable at $1.855–$1.87 billion, suggesting the company can meet or exceed top-line targets despite quarterly fluctuations [4]. Market Positioning - The stock is considered deeply undervalued with a forward P/E of 9.66, reflecting the company's resilient brands and growth potential [4]. - Despite short-term EPS volatility, the underlying fundamentals, including revenue strength and brand positioning, indicate that Wolverine World Wide remains an attractive investment opportunity [5].

Core Insights - Saucony announces a creative partnership with Westside Gunn, marking the launch of the ProGrid Triumph 4, which combines Saucony's heritage with Gunn's unique artistic vision [1][2][3] Group 1: Collaboration Details - The Westside Gunn x Saucony ProGrid Triumph 4 features neon mesh uppers, a snakeskin-debossed tongue, a scorpion logo sock liner, and "SUPER FLYGOD" detailing, packaged in a custom drawer-style box [2] - This collaboration is described as a fusion of Saucony's performance heritage and Gunn's underground creative energy, making it one of the most anticipated releases of the year [2][4] Group 2: Company Recognition - The announcement coincides with Saucony's recognition as Company of the Year by Footwear News, highlighting the brand's momentum driven by innovation and cultural collaborations [3] - Saucony's parent company, Wolverine Worldwide, will be honored at the Footwear News Achievement Awards on December 3, further emphasizing the brand's success [3] Group 3: Product Launch Information - The Westside Gunn x Saucony ProGrid Triumph 4 is set to launch on December 4, 2025, and will be available exclusively through Kith and Saucony.com [4]

Core Insights - Joy Allen-Altimare has resigned as the Chief Marketing Officer of Saucony for personal reasons, effective November [1] - Rob Griffiths, the brand president of Saucony, will serve as the interim CMO while the company searches for a replacement [2] - Allen-Altimare joined Saucony in June 2024 and was instrumental in various global branding initiatives [3] Company Background - Allen-Altimare previously worked at Havas Media Network as Chief Revenue Officer for North America, overseeing client experience and growth [4] - She also served as CMO at Kindbody, focusing on brand positioning and member experience [4] Recent Developments - The news of Allen-Altimare's departure follows the retirement of Tom Kennedy, with Justin Cupps appointed as the new president of Wolverine's Work Group [5] - Wolverine Worldwide reported a total revenue of $470.3 million for Q3 2025, a 6.8% increase from $440.2 million in the same quarter last year [6] - Saucony's net sales for Q3 were $133.1 million, reflecting a 27.0% increase from $104.8 million the previous year [6]

Core Insights - Wolverine World Wide, Inc. (WWW) demonstrated strong performance in Q3 2025, achieving 6.8% revenue growth and record margins, primarily driven by its flagship brands, Saucony and Merrell [1][10] Brand Performance - Saucony reported a significant 27% year-over-year revenue increase, achieving record profitability by effectively blending performance running with lifestyle appeal [2][10] - Merrell experienced a 5.1% quarterly revenue growth, focusing on performance-oriented products while redefining itself as a modern outdoor lifestyle brand [4][10] Product and Market Strategy - Saucony's signature models, including the Endorphin series and ProGrid Omni 9, are enhancing its presence in both athletic and fashion markets, supported by collaborations that resonate with younger consumers [3][10] - Merrell's product offerings, such as the Moab 3 and Agility Peak 5, are attracting diverse audiences by combining trail performance with everyday versatility [4][10] Global Expansion - Both brands are expanding their global reach through a city-focused strategy targeting key markets like Tokyo, London, and Paris, which integrates digital engagement with localized storytelling [5][10] Financial Projections - For Q4 2025, Wolverine anticipates revenues between $498 million and $513 million, indicating a 2.2% year-over-year growth at the midpoint [6][10] - Full-year revenue projections for 2025 are between $1.86 billion and $1.87 billion, suggesting a year-over-year growth of 6-6.8% [6][10] Competitive Landscape - Wolverine competes with key players like Deckers Outdoor Corporation, Tapestry, Inc., and Urban Outfitters Inc., all of which are also focusing on brand innovation and market expansion [8][10]

Core Insights - Saucony has renewed its partnership with elite distance runner Julia Paternain, emphasizing its commitment to nurturing global talent in the running community [1][2]. Group 1: Partnership Details - The renewed contract with Julia Paternain solidifies a multi-year commitment as she progresses in her career [1][2]. - Ted Fitzpatrick, Vice President of Product Management and Merchandising at Saucony, expressed excitement about deepening the relationship, highlighting Paternain's recent achievements and alignment with Saucony's values [2][3]. Group 2: Athlete Performance - Julia Paternain achieved a bronze medal in the women's marathon at the 2025 World Athletics Championships in Tokyo, with a time of 2:27:23, marking a significant milestone in her career [3][4]. - Paternain's rapid ascent in the marathon scene is notable, having gone from a global ranking of 288th to a world medalist in less than eight months [4]. Group 3: Future Goals and Support - The renewed partnership will focus on supporting Paternain's training and competition goals, including competing with top runners globally and engaging in community initiatives [4]. - Paternain expressed enthusiasm for the future, aiming for more challenges and growth with Saucony's backing [4]. Group 4: Company Background - Saucony is recognized as a leading global performance running brand, known for its innovative technologies and commitment to running culture [6]. - The brand aims to inspire individuals to lead better lives through running and self-expression [6].

Core Insights - Wolverine has announced a multi-channel partnership with the hit drama "Landman," co-created by Taylor Sheridan, ahead of its second season premiere on November 16, 2025, positioning itself as the exclusive work boot partner for the show [1][2][3] Company Overview - Wolverine is recognized as America's leading work boot brand with a legacy of 143 years, emphasizing hard work and perseverance [2][3] - The company aims to honor the spirit of the American worker and is committed to crafting durable boots using high-quality materials [5] Partnership Details - The partnership with "Landman" is designed to highlight the real-life experiences of tradespeople, reflecting the complexities and challenges of life in the oil patch [2][3] - Wolverine's marketing campaign, titled "Out Do Every Day," will feature real individuals engaged in tough physical work, showcasing their dedication to their craft and families [3][4] Marketing Strategy - The campaign will include retail programs with national partners, e-commerce initiatives, social media content, and influencer activations, featuring products like the Rancher and the new Wolverine Infinity System [3][4] - Wolverine will have curated placements in "Landman" throughout the season, enhancing brand visibility and engagement with audiences [4] Community Engagement - Wolverine has contributed over $2 million through Project Bootstrap to support skilled trades, reinforcing its commitment to the workforce [5]