WWW Stock Recent News

Wolverine World Wide Inc. WWW, -2.16% stock was down 30.5% in premarket trades on Thursday after the shoe and sneaker maker cut its adjusted 2023 profit forecast to 45 cents to 55 cents a share, well below the FactSet consensus of $1.42 a share. The company's outlook includes about 11 cents a share negative impact from foreign currency exchange rate fluctuations.

Wolverine's (WWW) second-quarter 2023 earnings results are likely to reflect higher costs. Also, a tough macro backdrop is expected to act as a deterrent.

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced that it expects to report its second quarter fiscal 2023 financial results on Thursday, August 10, 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) is focused on strengthening its direct-to-consumer business. The company also reinforces its presence across international markets.

Wolverine (WWW) is focused on strengthening its direct-to-consumer business. The company also reinforces its presence across international markets.

Wolverine (WWW) is focused on strengthening its direct-to-consumer business. The company also reinforces its presence across international markets.

Wolverine World Wide (WWW) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.41 per share a year ago.

Shares of Wolverine World Wide Inc. WWW rallied 3.3% in premarket trading Wednesday, after the casual, active and uniform footwear and apparel, with brands including Saucony, Hush Puppies, Sperry and Stride Rite, reported first-quarter earnings that beat expectations and said it was “exploring strategic alternatives” for its Sperry brand. Net income rose to $19.0 million, or 23 cents a share, from $9.7 million, or 12 cents a share, in the year-ago period.

Wolverine's (WWW) first-quarter 2023 earnings results are likely to reflect higher costs, including SG&A expenses. Also, a tough macro backdrop acts as a deterrent.

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced that it expects to report its first quarter fiscal 2023 financial results on Wednesday, May 10, 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 1-201-689-84.