Wolverine World Wide, Inc. (NYSE:WWW) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Alex Wiseman - VP, Finance Chris Hufnagel - President and CEO Taryn Miller - EVP and CFO Conference Call Participants Laurent Vasilescu - BNP Paribas Ashley Owens - KeyBanc Capital Markets Mitch Kummetz - Seaport Research Jim Duffy - Stifel Sam Poser - Williams Trading Anna Andreeva - Piper Sandler Mauricio Serna - UBS Operator Good day, everyone, and welcome to today's Wolverine Worldwide ...

Wolverine Worldwide Investor Presentation | Third Quarter 2024 Ended September 28th, 2024 + Investor Presentation | 3Q24 Forward-Looking Statements This presentation contains forward-looking statements, including statements regarding: the benefits, commercial drivers, competitive advantages and efficiencies of the Company's global platforms; the pace and urgency of the Company's strategic turnaround; expected inventory decline; the Company's transformation and inflection to growth; future profitability; ann ...

ROCKFORD, Mich., Nov. 7, 2024 /PRNewswire/ -- Chaco, the outdoor footwear brand born on the river and renowned for its performance sandals, today launched its latest sandal innovation engineered for lightweight comfort. The CushZ Sandal combines comfort, sustainability and lightweight performance for consumers to lighten up life – with the same iconic webbing and adjustability they know, love and expect. Chaco Introduces the All-New Comfort-First, Lightweight CushZ Sandal Designed with a casual-use lif ...

Wolverine World Wide (WWW) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 38.10%. A quarter ago, it was expected that this footwear maker would post earnings of $0.10 per share when it actually produced earnings of $0.15, delivering a surprise of 50%.Over the last four quarters, the ...

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 ...