Leading sandal brand teams up with music icon's family to spread unity, love, and connectionGRAND RAPIDS, Mich., June 17, 2025 /PRNewswire/ -- Chaco, leading sandal footwear brand, is proud to announce a collaboration with the Marley Family to launch a limited-edition collection inspired by the legendary Bob Marley. The collaboration pays tribute to Marley's enduring message of love, unity and connection through designs that encourage people to embrace every step with purpose.  Chaco Launches One Love-I ...

Wolverine World Wide, Inc. (WWW) reported impressive first-quarter 2025 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. Also, revenues and earnings grew year over year. As a result, its shares have gained 10.3% as of yesterday's closing.The company reported strong first-quarter results, driven by double-digit revenue growth from key brands Merrell and Saucony, as well as a significant year-over-year increase in earnings, which more than tripled.The company also achieved a r ...

Wolverine World Wide (WWW) reported $412.3 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 4.4%. EPS of $0.18 for the same period compares to $0.05 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $395.35 million, representing a surprise of +4.29%. The company delivered an EPS surprise of +63.64%, with the consensus EPS estimate being $0.11.While investors closely watch year-over-year changes in headline numbers -- revenue and earning ...

Leading sandal footwear brand partners with female-led tinned seafood brand GRAND RAPIDS, Mich., May 8, 2025 /PRNewswire/ -- Chaco, leading sandal footwear brand, is partnering with Fishwife, the female founded and led, tinned seafood company for a sandal collaboration. Updating the footwear brand's signature Z/1 Design, the new product draws inspiration from Fishwife's signature bold and vibrant color palette that is seen through their distinctive packaging. The straps of the shoe feature kelly green, beig ...

Wolverine World Wide (WWW) Q1 2025 Earnings Call May 08, 2025 07:30 AM ET Company Participants Alex Wiseman - Senior Vice President, Corporate FinanceChristopher Hufnagel - CEO, President & DirectorTaryn Miller - Chief Financial OfficerPeter McGoldrick - Equity Research AssociateAnna Andreeva - Senior managing director and senior research analystMauricio Serna - Executive Director Conference Call Participants Laurent Vasilescu - Managing Director & Senior Equity AnalystAshley Owens - Vice President & Senior ...

Wolverine World Wide (WWW) Q1 2025 Earnings Call May 08, 2025 07:30 AM ET Speaker0 Greetings, and welcome to the Wolverine Worldwide First Quarter Fiscal twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. A question and answer session will follow the normal presentation. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Alex Wiseman, Vice President of Finance. You may begin. Speaker1 Good morning, and welcome to our first ...

Wolverine World Wide (WWW) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 63.64%. A quarter ago, it was expected that this footwear maker would post earnings of $0.41 per share when it actually produced earnings of $0.42, delivering a surprise of 2.44%.Over the last four quarters, th ...

Investor Presentation | First Quarter 2025 + Investor Presentation | 1Q25 BRANDS Forward-Looking Statements This presentation contains forward-looking statements, including statements regarding [the Company's outlook for 2025 including, among others: reported, adjusted and constant currency revenue; reported and adjusted gross margin; reported and adjusted operating margin; reported and adjusted net earnings; effective tax rate; reported and adjusted diluted earnings per share; diluted weighted average shar ...

Revenue Performance - Total revenue for Q1 2025 was $412.3 million, representing a year-over-year increase of 4.4% compared to $394.9 million in Q1 2024[5] - Active Group revenue increased by 12.7% to $326.7 million, while Work Group revenue decreased by 17.0% to $74.8 million[5] - The company expects Q2 2025 revenue to be approximately $440 million to $450 million, indicating growth of approximately 3.7% to 6.0% compared to Q2 2024[11] - Total revenue for Q1 2025 was $412.3 million, representing a 4.4% increase from $394.9 million in Q1 2024[25] - The Active Group revenue increased by 12.7% to $330.2 million in Q1 2025, while the Work Group revenue decreased by 17.0% to $74.8 million[25] Profitability - Gross margin improved to 47.3%, up from 45.9% in the previous year, reflecting a 140 basis point increase[5] - Diluted earnings per share for Q1 2025 was $0.13, a significant improvement from a loss of $0.19 in Q1 2024, marking a 168.4% increase[5] - Net earnings for Q1 2025 were $12.2 million, a significant improvement compared to a net loss of $13.7 million in Q1 2024[23] - Operating profit for Q1 2025 was $19.7 million, resulting in an operating margin of 4.8%, compared to an operating loss of $3.1 million in Q1 2024[32] - The adjusted diluted earnings per share for Q2 2025 is projected to be in the range of $0.19 to $0.24[11] Inventory and Debt Management - Inventory at the end of Q1 2025 was $271 million, down $84 million or approximately 23.6% compared to the prior year[6] - Net debt decreased to $604 million, down $83 million or approximately 12.1% year-over-year[6] Guidance and Economic Conditions - The company has withdrawn its full-year 2025 guidance due to uncertainty around tariffs and macro-economic conditions[8] - The company expects Q2 2025 revenue guidance of $440 - $450 million, with dilutive EPS guidance of $0.17 - $0.22[36] - Adjusted operating margin for Q2 2025 is projected to be 7.2%, up from a GAAP basis of 6.7%[36] Brand Performance - Merrell and Saucony brands drove growth with revenue increases of 13.2% and 29.6%, respectively[5] Asset and Liability Management - Cash and cash equivalents decreased to $106.5 million in Q1 2025 from $169.7 million in Q1 2024[23] - Total assets decreased to $1,684.5 million in Q1 2025 from $1,853.0 million in Q1 2024[21] - Total current liabilities decreased to $551.1 million in Q1 2025 from $730.3 million in Q1 2024[21]

Analysts on Wall Street project that Wolverine World Wide (WWW) will announce quarterly earnings of $0.11 per share in its forthcoming report, representing an increase of 120% year over year. Revenues are projected to reach $395.35 million, increasing 0.1% from the same quarter last year.The consensus EPS estimate for the quarter has undergone a downward revision of 9.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initia ...