Exhibit 99.1 9341 Courtland Drive NE, Rockford, MI 49351 Phone (616) 866-5500 FOR IMMEDIATE RELEASE CONTACT: Alex Wiseman (616) 863-3974 WOLVERINE WORLDWIDE REPORTS 2024 THIRD QUARTER REVENUE AND EARNINGS ABOVE GUIDANCE Raises revenue and earnings guidance for fiscal year 2024 ROCKFORD, Mich., November 7, 2024 – Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for the third quarter ended September 28, 2024. "In the third quarter, we delivered better-than-expected revenue and earnings ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics a ...

We expect Wolverine World Wide, Inc. (WWW) to register top-line decline and bottom-line growth when it reports third-quarter 2024 earnings on Nov. 7, before market open. Investors are paying close attention for insights into the company’s performance and strategic direction.The Zacks Consensus Estimate for revenues is pegged at $421.1 million, indicating a decrease of 20.2% from the prior-year figure.The consensus mark for the bottom line has remained unchanged in the past 30 days at 21 cents, which indicat ...

ROCKFORD, Mich., Oct. 29, 2024 /PRNewswire/ -- Merrell®, the world's leading outdoor footwear brand, and off-road automotive adventure icon Jeep® brand have joined forces for a second time to create a collection around Merrell's newest hiking innovation and the electrified Jeep Wrangler 4xe. Through their mutual love of adventure and the outdoors, the latest collection sees the convergence of Merrell's Moab Speed 2 and the Jeep brand's 4xe technologies. Merrell® and the Jeep® brand announce second footwear ...

Wolverine World Wide, Inc.’s (WWW) shares are currently trading 14.6% below the 52-week high of $18.51 attained on Oct. 4, 2024, making investors contemplate their next moves. Over the past six months,  WWW stock has gained 47.3% against the Zacks Shoes and Retail Apparel industry’s 6.3% decline. As the market fluctuates and the holiday season approaches, the question is whether you should buy, hold or sell WWW stock.The company’s enhanced operational efficiency and product initiatives have also helped it t ...

Wolverine World Wide, Inc. (WWW) is trading at a notable low price-to-earnings (P/E) multiple, which is below the Zacks Shoes and Retail Apparel industry and the broader Consumer Discretionary sector's averages. WWW's forward 12-month P/E ratio is 13.64, lower than the industry's and the sector's ratios of 26.53 and 18.93, respectively. This stock is undervalued than its industry peers, offering compelling value to investors looking for exposure to the sector. WWW's Value Score of A underscores its appeal a ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid 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. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phas ...

Embrace the Elements with Saucony's Waterproof Footwear Collection, Available October 1 ROCKFORD, Mich., Sept. 30, 2024 /PRNewswire/ -- Saucony, a leading global performance running and lifestyle brand, is launching a collection of its highly favored designs featuring advanced Gore-Tex technology on October 1, available at saucony.com/en/dual-gtx-styles and select retailers. This new collection features the Triumph 22, Kinvara 15, Grid Peak, Peregrine 14, Ride TR2 and Grid Shadow 2, each enhanced to provide ...

Wolverine World Wide (WWW) shares ended the last trading session 6.8% higher at $17.18. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 18.2% gain over the past four weeks. Wolverine's stock rally is an extension of its ongoing innovation efforts, which have impressed investors. The company's emphasis on delivering trend-driven, innovative products has strongly resonated with consumers. Saucony, one of Wolverine's ...