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Wolverine (WWW) has been progressing well with its strategic initiatives. The company also reinforces its presence in the international markets.
Although the revenue and EPS for Wolverine (WWW) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Wolverine World Wide (WWW) came out with quarterly earnings of $0.07 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.48 per share a year ago.
Wolverine World Wide Inc. WWW, -1.78% said Thursday it's accelerating a transformation plan that's expected to generate $215 million in annualized savings, including a global workforce restructuring. The company did not offer details of job cuts, but said it would consolidate its North American commercial structure to align Canadian operations with its U.S. ones.
ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced that it expects to report its third quarter fiscal 2023 financial results on Thursday, November 9, 2023, at approximately 6:30 a.m. ET. Following the press release, the Company will host a conference call at 8:30 a.m. ET to review results and discuss current business trends. Investors and analysts interested in joining the call are invited to dial 1-877-407-4018 (international callers, please dial 1-201-689.
Wolverine (WWW) has been progressing well on its strategic initiatives. The company also reinforces its presence in the international markets.
Wolverine (WWW) highlighted that the background is challenging, mainly in the global wholesale channels.
Wolverine World Wide, Inc. (NYSE:WWW ) Q2 2023 Earnings Conference Call August 10, 2023 8:30 AM ET Company Participants Alex Wiseman - Vice President of Finance Tom Long - Chairman of the Board Chris Hufnagel - President and Chief Executive Officer Mike Stornant - Executive Vice President and Chief Financial Officer Conference Call Participants Jonathan Komp - Robert W. Baird Jim Duffy - Stifel Nicolaus Sam Poser - Williams Trading Mauricio Serna - UBS Mitch Kummetz - Seaport Global Securities Abbie Zvejnieks - Piper Sandler Operator Greetings.
Sales trends took a surprising turn lower this past quarter. The company announced an immediate change at the CEO spot.
Wolverine World Wide (WWW) came out with quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.66 per share a year ago.