Just in time for Bourbon Heritage Month, Wolverine Boots brings back Old Rip Van Winkle collaboration to celebrate American craftsmanship ROCKFORD, Mich., Sept. 19, 2024 /PRNewswire/ -- Elevating the art of craftsmanship to new heights, Wolverine®, the 141-year-old boot and clothing company, has once again joined forces with Old Rip Van Winkle Distillery just in time for Bourbon Heritage Month. Through their mutual dedication to superior quality, these two brands proudly unveil Batch IV of their Wolverine 1 ...

Shares of Wolverine World Wide, Inc. (WWW) hit a 52-week high of $15.37 on Wednesday before finally closing at $14.89. So far, WWW stock has rallied 67.5% against the Zacks Shoes and Retail Apparel industry's sharp 21.4% decline. Brands investments and product diversification have enabled it to outperform the broader Zacks Consumer Discretionary sector and the S&P 500 index's growth of 0.6% and 18.1%, respectively, during the same period. Moreover, technical indicators are supportive of Wolverine's strong p ...

h3ct02 Wolverine World Wide (NYSE:WWW) 2Q24 continued to show a company challenged by significantly lower revenues in wholesale channels. However, the company also provided an improvement in guidance, and there are reasons to believe that the downward trend could revert by 4Q24 or FY25, leading to bank analysts moving the company to overweight. Although I generally like the company's direction and believe that its current results are not as negative as the financial statement figures show, I have difficulty ...

Core Insights - Cat Footwear has launched the Invader Max, a waterproof, composite toe work boot that combines bold style, comfort, and protection, inspired by heavy-duty machinery [1][2][3] Product Features - The Invader Max features unparalleled composite toe protection and waterproof construction, designed for maximum comfort and protection in various environments [3] - It includes a tire-tread inspired outsole with slip-resistant technology for enhanced traction, and a fully contoured EVA midsole for comfort [3] - The design incorporates streetwear elements with overbuilt hardware and a chunky outsole, appealing to consumers who value both functionality and style [3] Pricing and Availability - The Invader Max is priced at $164.95 and is available for purchase on catfootwear.com and at participating retailers nationwide [4] Company Background - Cat Footwear, a division of Wolverine World Wide, Inc., has been extending the Cat brand globally since 1994, offering a range of work boots and lifestyle shoes in nearly 140 countries [5]

The collection features the iconic ProGrid Omni 9 and kids Shadow 6000s in vibrant colorways and design elements reflective of Jae's signature style ROCKFORD, Mich., Sept. 13, 2024 /PRNewswire/ -- Saucony, a leading global performance running lifestyle brand, today announced that the To-Do List Collection, its third collaboration with Bronx native Jae Tips, will be available globally at Saucony.com beginning September 20. Saucony® and Jae Tips Unveil the 'To-Do List' Collection, Launching Globally on Septem ...

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Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...

Available September 16, Saucony's first-ever footwear collab with Black Girls RUN! is part of multi-year partnership ROCKFORD, Mich., Sept. 5, 2024 /PRNewswire/ -- Saucony, a leading global performance running lifestyle brand, today announced the limited-edition Black Girls RUN! x Saucony Endorphin Speed 4, marking the brand's inaugural footwear collaboration with Black Girls RUN! (BGR!). The Endorphin Speed 4, in the BGR! vibrant colorway, reinforces Saucony's multi-year partnership with BGR! to support th ...

Core Insights - Wolverine introduces the DuraShocks SR Icon 6" Work Boot, enhancing its commitment to performance comfort for American workers [2][4] - The DuraShocks technology has been a consumer favorite for over three decades, known for its comfort features [4] - The new boot features advanced stability, cushioning, and waterproof technology, ensuring comfort in various conditions [4][5] Product Features - The DuraShocks SR Icon includes a midsole with increased PU for better heel support and comfort [4] - It incorporates CarbonMAX® toe protection, providing lightweight safety without sacrificing comfort [4] - The boot is available in multiple styles, including safety-toe, soft-toe, slip-on, lace-up, and pull-on options [5] Company Mission - Wolverine aims to honor the spirit of the American worker and support the next generation of skilled tradespeople [6] - The company has contributed over $2 million to organizations that support skilled trades through its Project Bootstrap initiative [6] - Wolverine prides itself on crafting durable boots with high-quality materials and craftsmanship [6]

Core Viewpoint - Wolverine World Wide (WWW) shows potential for significant upside, with a mean price target of $17.33 indicating a 34.6% increase from the current price of $12.88 [1] Price Targets - The average price target consists of six estimates ranging from a low of $14 to a high of $20, with a standard deviation of $2.94, suggesting variability in analyst predictions [2] - The lowest estimate indicates an 8.7% increase, while the highest suggests a 55.3% upside [2] - A low standard deviation indicates a higher agreement among analysts regarding price movement [7] Analyst Sentiment - Analysts are optimistic about WWW's earnings prospects, as indicated by a positive trend in earnings estimate revisions [4][9] - The Zacks Consensus Estimate for the current year has increased by 5.9% over the past month, reflecting two upward revisions and one downward revision [10] - WWW holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [11] Caution on Price Targets - While price targets are often sought after, they can mislead investors, as empirical research shows they rarely indicate actual stock price movements [5][6] - Analysts may set overly optimistic price targets due to business incentives, which can inflate expectations [6] - Investors should treat price targets with skepticism and not rely solely on them for investment decisions [8]