The risk-on sentiment has been virtually non-stop since the Election Day results were announced. The large, looming uncertainty of the next four years has now been laid to rest. With a clear winner, investors could now focus on which industries they believed would benefit most from the incoming administration. What’s been evident early on, is that consumer cyclicals came back to life. It’s helping stocks like today’s Bull of the Day, Wolverine World Wide ((WWW) ). Wolverine World Wide, Inc. designs, manufac ...

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 ...

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 ...

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 ...

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 ...

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 ...