Wolverine World Wide Soars to 52-Week High, Surging 151% in 2024 Amid Strong Retail Performance [Yahoo! Finance]
Wolverine World Wide, Inc. (WWW)
Last wolverine world wide, inc. earnings: 4/22 06:30 am
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US:NYSE Investor Relations:
wolverineworldwide.gcs-web.com/investor-relations
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Source: Yahoo! Finance
This rally contrasts sharply with the 16.6% decline seen in the Retail Apparel industry. Wolverine also outperformed the broader Consumer Discretionary sector and the S&P 500, which posted gains of 10% and 26.1%, respectively. Warning! GuruFocus has detected 9 Warning Sign with WWW. The company's technical indicators remain strong, as its shares trade above the 200-day and 50-day simple moving averages, signifying a long-term bullish trend. In recent sessions, WWW traded above its 200-day SMA of $12.70 and 50-day SMA of $16.12, highlighting investor optimism in the brand's growth trajectory. Wolverine anticipates stronger future sales driven by revitalized brand offerings from Merrell and Saucony, which have launched new products like the Moab Speed 2, Agility Peak 5, and the upcoming Speed Arc Collection in early 2025. These launches helped Merrell achieve a 1.4% year-over-year revenue increase in Q3. Saucony, meanwhile, expanded its distribution network to 900 additional lifes
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News
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- Sweaty Betty Expands U.S. Presence With Two New StoresPR Newswire
- Wolverine and Jarritos Unite to Celebrate Heritage and Flavor with Limited-Edition Trade Wedge Boot [Yahoo! Finance]Yahoo! Finance
- Wolverine and Jarritos Unite to Celebrate Heritage and Flavor with Limited-Edition Trade Wedge BootPR Newswire
- Carter's Plunges 22% in a Month: What's Next for Investors? [Yahoo! Finance]Yahoo! Finance
WWW
Earnings
- 11/7/24 - Beat
WWW
Sec Filings
- 11/12/24 - Form 4
- 11/12/24 - Form 144
- 11/12/24 - Form 3
- WWW's page on the SEC website