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WWW $23.06

WWW target price
23.06
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Wolverine Worldwide
Type
Public
Traded as NYSE: WWW
S&P 600 Component
Industry Textile
Founded 1883
Founder G. A. Krause and Fredrick Hirth
Headquarters Rockford, Michigan, U.S.
Key people
Blake Krueger, CEO
Products Footwear
Subsidiaries

Bates

CAT Footwear

Chaco

Grasshoppers

Hush Puppies

Hytest Safety Footwear

Merrell

Sebago (company)

Wolverine Boots and Shoes

Saucony

Stride Rite Corporation

Sperry Top-Sider

Keds
Website wolverineworldwide.com

Bates

CAT Footwear

Chaco

Grasshoppers

Hush Puppies

Hytest Safety Footwear

Merrell

Sebago (company)

Wolverine Boots and Shoes

Saucony

Stride Rite Corporation

Sperry Top-Sider

Wolverine World Wide, Inc. or Wolverine Worldwide is an American footwear manufacturer based in Rockford, Michigan, known for its own brand, Wolverine Boots and Shoes, as well as its subsidiaries such as Hush Puppies and Merrell. The company also manufactures footwear for other companies, such as Caterpillar and Harley-Davidson, as well as shoes and boots for the military. In 2012, Wolverine World Wide added Saucony, Keds, Stride Rite and Sperry Top-Sider to its list of subsidiaries after a joint agreement with Blum Capital Partners and Golden Gate Capital acquired the Performance Lifestyle Group of Collective Brands for US$1.23 billion.

G. A. Krause and Fredrick Hirth founded the company in 1883. Fredrick Hirth and Mr. Krause bought a small leather shop in Grand Rapids, Michigan starting with a capital investment of $2,900. In 1901, they decided to build a plant in Rockford Michigan, just north of Grand Rapids. They purchased and expanded the Rogue River Electric Light and Power Company to power their new plant and the city of Rockford. In 1903, operations began and in 1908 a tannery followed. The company now processed its own raw materials, and manufactured its own shoes sold through the Hirth-Krause Company. In 1921 the company changed its name to Wolverine Shoe and Tanning Corporation.From 1916-1923 its earnings increased 700%. [Wolverine World Wide booklet 11/1/1983 "A Tradition of Success"]

In 1941 during World War II, the Wolverine Shoe and Tanning Company began to work for the U.S. Navy, developing pigskin gloves and inventing what later became known as pigskin suede.

In 1964, the company changed its name to Wolverine Worldwide, Inc. and in 1965 became a publicly traded company listed on the New York Stock Exchange. Hush Puppies, a casual footwear brand founded by the company, quickly rose to popularity in the 1960s.

In 1994 Wolverine Worldwide introduced Cat Footwear, a licensed brand of shoes using the Caterpillar Inc. name. In 1995, the Council of Fashion Designers of America voted Hush Puppies as Fashion Accessory of the Year. In continued expansion, the company in 1997 purchased the Merrell brand and acquired the global license for footwear from the Harley-Davidson Motor Company and followed with the purchase of Sebago in 2003 and Chaco in 2009 and UK-based brand Cushe.

The company has offices in Waltham, Massachusetts, Rockford, Michigan, London, Hong Kong and Ontario.

Wolverine Worldwide portfolio of owned and licensed brands include Chaco, Hush Puppies, Merrell, Sebago, Wolverine, Keds, Sperry Top-Sider, Stride Rite, and Saucony.

The company sources a majority of its footwear from numerous third-party manufacturers in Asia Pacific and South America.

As of 2016, the company operated 294 retail stores globally.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-11-08 Future report Set alerts
Q2 2022 2022-08-10 0.66 0.66
Q1 2022 2022-05-11 0.40 0.40
Q4 2021 2022-02-23 0.41 0.41
Q3 2021 2021-11-10 0.62 0.62
Q2 2021 2021-07-29 0.67 0.67
Q1 2021 2021-05-12 0.40 0.40
Q4 2020 2021-02-25 0.21 0.21
Q3 2020 2020-11-05 0.00 0.00
Q2 2020 2020-08-05 0.09 -0.02

Ratings

2016-07-07 Upgrade Susquehanna Neutral to Positive $18.00 to $25.00
2016-05-16 Reiterated Rating Robert W. Baird Hold
2016-05-09 Reiterated Rating B. Riley Neutral $19.00
2016-05-04 Reiterated Rating Telsey Advisory Group Market Perform $19.00 to $20.00
2016-05-04 Reiterated Rating B. Riley Neutral $19.00
2016-05-03 Reiterated Rating Piper Jaffray Hold $17.00 to $18.00
2016-05-03 Reiterated Rating Piper Jaffray Cos. Hold $17.00 to $18.00
2016-04-29 Reiterated Rating B. Riley Neutral $17.00
2016-04-27 Downgrade Sterne Agee CRT Neutral to Underperform $15.00
2016-04-12 Reiterated Rating Stifel Nicolaus Buy $25.00
2016-03-14 Reiterated Rating Piper Jaffray Neutral $16.00 to $17.00
2016-02-29 Reiterated Rating B. Riley Neutral $17.00
2016-02-26 Lower Price Target Susquehanna Neutral $17.00 to $16.00
2016-02-26 Boost Price Target DA Davidson Neutral $17.00 to $18.00
2016-02-24 Reiterated Rating B. Riley Neutral $17.00
2016-02-23 Reiterated Rating Piper Jaffray Neutral $16.00
2016-02-19 Reiterated Rating B. Riley Neutral $17.00
2016-01-21 Lower Price Target Goldman Sachs $23.00 to $18.00
2016-01-21 Lower Price Target Goldman Sachs Group Inc. $23.00 to $18.00
2016-01-09 Reiterated Rating B. Riley Neutral $17.00
2016-01-05 Lower Price Target Piper Jaffray Neutral $18.00 to $16.00
2016-01-05 Upgrade Sterne Agee CRT Underperform to Neutral
2016-01-03 Reiterated Rating B. Riley Neutral $17.00
2015-12-09 Reiterated Rating B. Riley Neutral $20.00
2015-12-04 Reiterated Rating B. Riley Neutral $20.00
2015-11-11 Lower Price Target KeyBanc Overweight $29.00 to $24.00
2015-11-11 Lower Price Target KeyCorp Overweight $29.00 to $24.00
2015-10-25 Reiterated Rating B. Riley Neutral $20.00
2015-10-21 Reiterated Rating Citigroup Inc. Hold
2015-10-21 Lower Price Target Stifel Nicolaus Buy $34.00 to $28.00
2015-10-21 Downgrade Sterne Agee CRT Neutral to Underperform $16.00
2015-10-21 Lower Price Target Telsey Advisory Group Market Perform $24.00 to $21.00
2015-10-20 Reiterated Rating Piper Jaffray Neutral $19.00
2015-10-20 Reiterated Rating B. Riley Neutral $23.00
2015-10-14 Reiterated Rating Piper Jaffray Neutral $26.00 to $19.00
2015-10-14 Reiterated Rating B. Riley Neutral $23.00
2015-10-13 Lower Price Target Susquehanna Neutral $26.00 to $23.00
2015-10-07 Lower Price Target Buckingham Research Neutral $31.00 to $24.00
2015-09-23 Upgrade Citigroup Inc. Sell to Neutral $25.00
2015-09-22 Reiterated Rating B. Riley Neutral $30.00
2015-09-18 Lower Price Target Susquehanna Neutral $31.00 to $26.00
2015-09-18 Reiterated Rating Sterne Agee CRT Neutral
2015-09-18 Downgrade Robert W. Baird Outperform to Neutral $38.00 to $27.00
2015-09-17 Downgrade DA Davidson Buy to Neutral $33.00 to $28.00
2015-09-17 Reiterated Rating Piper Jaffray Neutral $27.00 to $26.00
2015-09-17 Lower Price Target Telsey Advisory Group Market Perform $32.00 to $30.00
2015-09-17 Reiterated Rating B. Riley Neutral $30.00
2015-08-11 Reiterated Rating Piper Jaffray Hold $27.00
2015-08-10 Upgrade Stifel Nicolaus Hold to Buy $34.00
2015-07-25 Reiterated Rating B. Riley Neutral $30.00
2015-07-21 Reiterated Rating Piper Jaffray Hold $27.00
2015-07-20 Reiterated Rating B. Riley Neutral $30.00
2015-06-03 Initiated Coverage B. Riley Neutral $30.00
2015-06-03 Reiterated Rating Piper Jaffray Neutral
2015-06-02 Set Price Target Piper Jaffray Hold $27.00
2015-05-07 Reiterated Rating Sterne Agee CRT Neutral
2015-05-05 Reiterated Rating Credit Suisse Neutral $26.00 to $25.00
2015-05-05 Reiterated Rating Credit Suisse Group AG Neutral $26.00 to $25.00
2015-04-29 Reiterated Rating Sterne Agee CRT Neutral
2015-04-28 Reiterated Rating Piper Jaffray Neutral $26.00
2015-04-15 Boost Price Target Susquehanna Neutral $28.00 to $31.00
2015-04-14 Downgrade RBC Capital Outperform to Sector Perform
2015-04-14 Downgrade Royal Bank Of Canada Outperform to Sector Perform
2015-04-02 Boost Price Target Telsey Advisory Group Buy $30.00 to $32.00
2015-03-30 Upgrade Robert W. Baird Neutral to Outperform $30.00 to $38.00
2015-02-18 Set Price Target Morgan Stanley Hold $28.00 to $29.00
2015-02-18 Upgrade Sterne Agee CRT Underperform to Neutral
2015-01-21 Boost Price Target Telsey Advisory Group Outperform $29.00 to $30.00
2015-01-14 Lower Price Target Susquehanna $30.00 to $29.00
2015-01-13 Lower Price Target Citigroup Inc. Sell $26.00 to $25.00
2015-01-13 Set Price Target DA Davidson Buy $35.00 to $32.00
2015-01-13 Reiterated Rating Sterne Agee CRT Underperform $23.00
2015-01-13 Downgrade Wunderlich Buy to Hold $32.00 to $28.00
2015-01-05 Reiterated Rating Citigroup Inc. Sell $24.00 to $26.00
2014-11-21 Upgrade DA Davidson Neutral to Buy $29.00 to $35.00
2014-10-30 Initiated Coverage Morgan Stanley Equal Weight
2014-10-15 Reiterated Rating Macquarie Neutral $29.00 to $28.00
2014-10-06 Reiterated Rating Sterne Agee CRT Underperform $23.00
2014-09-04 Initiated Coverage Wunderlich Buy $32.00
2014-09-02 Upgrade CL King Neutral to Buy
2014-08-26 Initiated Coverage Macquarie Neutral $29.00
2014-08-19 Upgrade KeyBanc Hold to Buy $30.00
2014-07-18 Downgrade Argus Buy to Hold
2014-07-16 Reiterated Rating Citigroup Inc. Sell $26.00 to $24.00
2014-04-30 Reiterated Rating Citigroup Inc. Sell $26.00
2014-04-29 Reiterated Rating DA Davidson Neutral $30.00
2014-04-10 Initiated Coverage Buckingham Research Neutral $27.00
2014-02-19 Lower Price Target Telsey Advisory Group Not Rated $34.00 to $30.00
2014-02-19 Lower Price Target Piper Jaffray $28.00 to $25.00
2014-02-19 Lower Price Target DA Davidson $30.00 to $28.00
2014-02-19 Lower Price Target Susquehanna $29.00 to $27.00
2014-02-18 Downgrade Citigroup Inc. Neutral to Sell $35.00 to $25.00
2014-02-18 Upgrade Ned Davis Research Neutral to Buy
2014-01-14 Lower Price Target Telsey Advisory Group Not Rated $38.00 to $34.00
2014-01-14 Lower Price Target Susquehanna $32.00 to $29.00
2014-01-06 Upgrade Ned Davis Research Neutral to Buy
2013-11-18 Upgrade Ned Davis Research Neutral to Buy
2013-10-09 Boost Price Target Sterne Agee CRT Underperform $43.00 to $46.00
2013-10-09 Boost Price Target DA Davidson Neutral $58.00 to $64.00
2013-10-09 Boost Price Target Telsey Advisory Group Not Rated $64.00 to $65.00
2013-10-08 Reiterated Rating Brean Capital Buy
2013-07-11 Reiterated Argus Buy $54 to $66
2012-03-27 Initiated DA Davidson Neutral $42
2012-01-03 Downgrade Robert W. Baird Outperform to Neutral $49 to $38
2010-11-19 Initiated Jefferies Hold $29
2010-10-07 Downgrade Argus Buy to Hold
2010-07-20 Upgrade Argus Hold to Buy $30
2010-04-22 Downgrade Argus Buy to Hold
2010-04-09 Reiterated Longbow Buy $32 to $36
2010-02-08 Upgrade Longbow Neutral to Buy $32
2009-11-05 Upgrade Citigroup Hold to Buy
2009-11-02 Upgrade Susquehanna Financial Neutral to Positive
2009-10-08 Upgrade Sterne Agee Neutral to Buy $31
2009-08-25 Initiated Stifel Nicolaus Buy $28
2016-07-07 Upgrade Susquehanna Neutral to Positive $18.00 to $25.00
2016-05-16 Reiterated Rating Robert W. Baird Hold
2016-05-09 Reiterated Rating B. Riley Neutral $19.00
2016-05-04 Reiterated Rating Telsey Advisory Group Market Perform $19.00 to $20.00
2016-05-04 Reiterated Rating B. Riley Neutral $19.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
KRUEGER BLAKE W Chairman, CEO & President 1.28%  (1302014) WWW /
ODONOVAN TIMOTHY J 0.59%  (602931) SPTN / WWW /
Gedra Ted S President, Heritage Group 0.29%  (291212) WWW /
KOLLAT DAVID T 0.23%  (228462) BIG / SCSS / WWW /
Grimes Donald T Senior VP, CFO and Treasurer 0.19%  (193385) SBH / WWW /
Stornant Michael D VP, Corporate Finance 0.18%  (181090) WWW /
WOODWORTH RICHARD Pres, Wolverine Boston Group 0.14%  (142416) WWW /
JEPPESEN MICHAEL Pres., Global Operations Group 0.13%  (134347) WWW /
ZWIERS JAMES D Sr VP & President, Outdoor Grp 0.13%  (127025) WWW /
Simister Andrew President, Lifestyle Group 0.12%  (120701) WWW /
Gabel James A. President, Performance Group 0.11%  (112758) WWW /
LINTON PAMELA L Sr. VP of Human Resources 0.10%  (102832) WWW /
Howell Melissa A Sr. VP of Human Resources 0.07%  (67872) K / WWW /
Gibbons Brendan M. VP, Gen. Counsel and Secretary 0.06%  (61100) CRI / GOLF / WWW /
GROMEK JOSEPH R 0.05%  (53928) GES / PLCE / TUMI / WWW /
GRIMOLDI ALBERTO L 0.05%  (48874) WWW /
Klimek Amy M. Sr. VP of Human Resources 0.05%  (46313) WWW /
Spaletto Todd Pres, Outdoor & Lifestyle Grp 0.04%  (36711) WWW /
LAUDERBACK BRENDA J 0.02%  (16510) BIG / DENN / SCSS / WWW /
GERBER WILLIAM K 0.02%  (15870) AKS / WWW /
VOLKEMA MICHAEL A 0.01%  (14440) MLHR / WWW /
JONES DOUGLAS M Corporate Controller 0.01%  (11923) WWW /
BOROMISA JEFFREY M 0.01%  (6310) WWW /