Wolverine World Stock Price, News & Analysis

Wolverine World Wide (NYSE: WWW) has achieved Great Place To Work Certification, with 88% of US employees rating it as a great workplace - 33% higher than average companies. The company excelled in team dynamics, camaraderie, hospitality, and justice categories, with 91% of employees endorsing management's commitment to inclusive behavior and fair treatment. WWW has enhanced its workplace infrastructure globally, including renovations at its Rockford MI headquarters, new facilities in Boston, Zhuhai, Hong Kong, and London. The company offers extensive employee benefits including subsidized daycare, fitness centers, and dog daycare. WWW has also launched six Employee Resource Groups (ERGs) in 2024 to promote inclusivity and community. This certification follows recent recognitions from Forbes as one of America's Dream Employers and Best Midsize Employers.

Cat Footwear, a division of Wolverine World Wide (NYSE: WWW), has launched a limited-edition boot collection celebrating Caterpillar Inc.'s 100th anniversary in 2025. The collection features three exclusive boots commemorating historic achievements: The Golden Gate Bridge Boot with structural cage and gold detailing, the Apollo 11 Boot with lightweight stacked sole and lunar-inspired design, and the Channel Tunnel Boot featuring functional lights mimicking train movement. Each boot represents Caterpillar's involvement in major infrastructure projects while maintaining Cat Footwear's standard features and benefits. The collection is available for purchase at catfootwear.com while supplies last.

Wolverine World Wide (NYSE: WWW) announced its participation in the upcoming Baird 2025 Global Consumer, Technology & Services Conference. The company will deliver a presentation on Wednesday, June 4, 2025, at 3:45 PM ET. During the event, Wolverine will also conduct one-on-one meetings with institutional investors and analysts. The presentation materials will be accessible to investors through the company's website in the Investor Relations section at www.wolverineworldwide.com.

Wolverine Worldwide (NYSE: WWW) has unveiled a major renovation of its global headquarters in Rockford, Michigan, featuring a completely renovated 40,000-square-foot space called The Factory. The renovated facility will house the company's two largest brands, Merrell and Saucony, with Saucony relocating from Boston. The project, supported by a $1-million Michigan Business Development Program grant, includes 224 workstations, 31 collaboration rooms, and state-of-art technology for product design and marketing.

The renovation is part of the company's strategy to modernize facilities, centralize operations, and attract talent. The 300,000-square-foot headquarters offers extensive amenities including subsidized daycare, a fitness center, nature trails, subsidized cafeteria, and dog daycare. The Factory building, originally constructed in 1963 as a footwear factory, has been transformed into a modern office space while maintaining industrial elements like exposed structures and concrete floors.

Chaco, a leading sandal footwear brand owned by Wolverine World Wide (WWW), announces a collaboration with Fishwife, a female-led tinned seafood company, to launch a mermaid-inspired Z/1 sandal design. The new product features kelly green, beige, and cobalt blue straps with a tan buckle, incorporating Fishwife's iconic illustrations and vibrant color palette. The collaboration aligns with both companies' sustainability commitments - Chaco's use of recycled plastic bottles and ReChaco repair program, and Fishwife's sourcing from sustainable fisheries. The exclusive style will be available for purchase on both companies' websites starting May 8, 2025.

Wolverine Worldwide (NYSE: WWW) reported strong Q1 2025 financial results, with total revenue reaching $412.3 million, up 4.4% year-over-year. The company's performance was driven by its Active Group brands, with Merrell and Saucony showing impressive growth of 13.2% and 29.6% respectively. Gross margin improved to 47.3%, and adjusted diluted earnings per share increased by 260% to $0.18. The company significantly reduced inventory by 23.6% to $271 million and decreased net debt by 12.1% to $604 million. For Q2 2025, Wolverine expects revenue between $440-450 million and adjusted diluted EPS of $0.19-$0.24. However, due to uncertainty around tariffs and macro-economic conditions, the company has withdrawn its full-year 2025 guidance.

Wolverine (WWW), the 142-year-old work boot company, has partnered with country music star Jordan Davis to launch a nationwide Trades Tour supporting American skilled tradespeople. The initiative, announced on National Skilled Trades Day, will provide $100,000 in sponsorship and gear to eight skilled trades businesses.

Each selected business will receive $7,500 in business costs coverage, boots and gear for their team, a VIP experience at a Jordan Davis show, and promotion during the "Ain't Enough Road" tour. Eligible businesses must have 5-50 employees, good community standing, and 5+ years of operation. Applications are open through June 7, 2025, with winners announced in July.

Additionally, Wolverine has launched the "Jordan Davis Picks" collection and plans to release a custom collection with Davis in fall 2025.

Wolverine World Wide (NYSE: WWW) has announced its latest quarterly dividend payment. The company's Board of Directors declared a cash dividend of $0.10 per share of common stock, maintaining the same level as the previous quarter.

The dividend will be paid on August 1, 2025, to stockholders of record as of July 1, 2025. This quarterly payment indicates an annual dividend of $0.40 per share.

Wolverine World Wide (NYSE: WWW) has scheduled its first quarter fiscal 2025 financial results announcement for Thursday, May 8, 2025, at approximately 6:30 a.m. ET. The company will host a conference call at 7:30 a.m. ET to discuss results and current business trends.

Investors and analysts can join the call by dialing 1-800-715-9871 (international: 1-646-307-1963). The call will be broadcast live on the company's website under the Investor Relations section. A replay will be available until May 15, 2025, accessible by dialing 1-800-770-2030 (international: 1-609-800-9909) with access code 9927992.