WOLVERINE WORLDWIDE PROVIDES BUSINESS UPDATE REINFORCING THE COMPANY’S STRENGTH TO NAVIGATE COVID-19
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
Company Research
Source: GlobeNewswire
ROCKFORD, Mich., March 26, 2020 (GLOBE NEWSWIRE) -- Wolverine World Wide, Inc. (NYSE: WWW) today provided a business update, further highlighting the Company’s strong liquidity, supply chain stability, and agile business model, while detailing the proactive and precautionary measures it is taking to navigate the current environment. The Company also commented on the on-line demand for certain products as consumers adjust their lifestyles for social distancing. Capital preservation, expense controls and positive cash flows The Company is acting quickly and taking a series of proactive measures to conserve capital during this period of disruption. Most importantly, it is leveraging its nimble supply chain to significantly reduce inventory receipts to adjust for lower demand during periods of store closures and restrictions in certain countries. In addition, the Company has taken steps to reduce capital outflows until business conditions stabilize, by delaying most capital projects
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Earnings
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Sec Filings
- 11/12/24 - Form 4
- 11/12/24 - Form 144
- 11/12/24 - Form 3
- WWW's page on the SEC website