Footwear Q1 Earnings: Genesco (NYSE:GCO) is the Best in the Biz [Yahoo! Finance]
Wolverine World Wide, Inc. (WWW)
Last wolverine world wide, inc. earnings: 4/22 06:30 am
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Source: Yahoo! Finance
Today we are looking at Genesco (NYSE:GCO) and the best and worst performers in the footwear industry. Before the advent of the internet, styles changed, but consumers mainly bought shoes by visiting local brick-and-mortar shoe, department, and specialty stores. Today, not only do styles change more frequently as fads travel through social media and the internet but consumers are also shifting the way they buy their goods, favoring omnichannel and e-commerce experiences. Some footwear companies have made concerted efforts to adapt while those who are slower to move may fall behind. The 8 footwear stocks we track reported a strong Q1; on average, revenues beat analyst consensus estimates by 4.1%. while next quarter's revenue guidance was in line with consensus. Stocks--especially those trading at higher multiples--had a strong end of 2023, but 2024 has seen periods of volatility. Mixed signals about inflation have led to uncertainty around rate cuts, but footwear stocks have shown
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News
- A Look Back at Footwear Stocks' Q1 Earnings: Steven Madden (NASDAQ:SHOO) Vs The Rest Of The Pack [Yahoo! Finance]Yahoo! Finance
- Analysts Cautious About Nike Ahead of Q4 Earnings Report Next Week [Yahoo! Finance]Yahoo! Finance
- Wolverine World Wide's (NYSE:WWW) Dividend Will Be $0.10 [Yahoo! Finance]Yahoo! Finance
- Saucony® Appoints Joy Allen-Altimare As Global Chief Marketing Officer [Yahoo! Finance]Yahoo! Finance
- Saucony Taps Joy Allen-Altimare as Global Chief Marketing Officer [Yahoo! Finance]Yahoo! Finance
WWW
Earnings
- 5/8/24 - Beat
WWW
Sec Filings
- 5/31/24 - Form SD
- 5/30/24 - Form 4
- 5/14/24 - Form 4
- WWW's page on the SEC website