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Updates to its most trusted work boot franchise advances Wolverine's commitment to performance comfort. ROCKFORD, Mich.

The consensus price target hints at a 34.6% upside potential for Wolverine (WWW). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wolverine World Wide, Inc.'s Q2 results beat Wall Street estimates by a considerable margin, driven by many brands' slightly better performance than expected. Revenues still declined sharply, only in part related to macroeconomic turbulence, with good underlying profitability improvements and a sequential growth improvement showing positive signs. The clear focus on Saucony has improved new products' sell-through, showing good initial momentum in the renewed brand. Saucony is still losing share for now.

Wolverine (WWW) registers y/y declines in the top and bottom lines in Q2. Its ongoing efforts will position it for sustained growth, and deliver a better performance and returns for shareholders.

Wolverine World Wide, Inc. (NYSE:WWW ) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Alex Wiseman - Vice President-Finance Chris Hufnagel - President and Chief Executive Officer Taryn Miller - Executive Vice President and Chief Financial Officer Conference Call Participants Jim Duffy - Stifel Mauricio Serna - UBS Dana Telsey - Telsey Group Sam Poser - Williams Trading Laurent Vasilescu - BNP Paribas Mitch Kummetz - Seaport Research Ashley Owens - KeyBanc Capital Markets Jonathan Komp - RW Baird Operator Good day, everyone, and welcome to today's Wolverine Worldwide Inc. Second Quarter Fiscal 2024 Earnings Call. At this time, all participants are in a listen-only mode.

Wolverine World Wide (WWW) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.19 per share a year ago.

The Hurricane showcases a revolutionary transformation, boasting a dual cushioning system of PWRRUN PB and PWRRUN, delivering the brand's ultimate cushioning experience ROCKFORD, Mich. , July 8, 2024 /PRNewswire/ -- Saucony, a leading global performance running lifestyle brand, has launched the completely redesigned Hurricane 24, featuring an all-new dual-cushioning system for all-day comfort and protection.

Game-changing super shoe features a new next-level foam designed to unlock performance potential ROCKFORD, Mich. , July 1, 2024 /PRNewswire/ -- Saucony, a leading global performance running lifestyle brand, has announced that three-time Canadian Olympic marathoner and Saucony athlete Malindi Elmore will be wearing the game-changing Endorphin Elite 2 during the upcoming marathon in Paris.

Seasoned veteran to help expedite the brand's transformative growth, further cultivate a winning culture ROCKFORD, Mich. , June 18, 2024 /PRNewswire/ -- Saucony , a division of Wolverine World Wide, Inc. , Inc. (NYSE: WWW) and a leading global performance running and lifestyle brand, has appointed Joy Allen-Altimare as global chief marketing officer, effective immediately.