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Date | Price Target | Rating | Analyst |
---|---|---|---|
12/11/2024 | $21.00 → $29.00 | Hold → Buy | Stifel |
11/8/2024 | $15.00 → $23.00 | Market Perform | Telsey Advisory Group |
10/3/2024 | $22.00 | Neutral → Outperform | Exane BNP Paribas |
8/23/2024 | $18.00 | Overweight | Piper Sandler |
8/8/2024 | $14.00 → $15.00 | Market Perform | Telsey Advisory Group |
8/8/2024 | $20.00 | Sector Weight → Overweight | KeyBanc Capital Markets |
7/19/2024 | $13.00 → $20.00 | Neutral → Buy | UBS |
5/9/2024 | $10.00 → $14.00 | Market Perform | Telsey Advisory Group |
The partnership emphasizes how mentorship and outdoor equity can unlock curiosity, aspiration, and empowerment for young individuals ROCKFORD, Mich., Dec. 2, 2024 /PRNewswire/ -- Merrell®, the world's leading hike and outdoor footwear brand, announced it has collaborated on an exclusive design of the brand's modern and innovative Moab Speed 2 in partnership with Big Brothers Big Sisters of America (BBBSA). The partnership supports the crucial need for mentorship and further promotes their shared mission to build confidence, ignite passion for nature, and inspire the journey to our full potential.
ROCKFORD, Mich., Nov. 26, 2024 /PRNewswire/ -- The Work Group of Wolverine World Wide, Inc. (NYSE:WWW) today announced the appointment of industry veteran Mike Maloney as its new Chief Product Officer. Mr. Maloney will spearhead product development, merchandise strategy, and market expansion initiatives for all brands within the Work Group, including Wolverine, CAT Footwear, Bates, Harley-Davidson Footwear, Merrell Work and Hytest. He will report directly to Tom Kennedy, President of the Work Group. Mr. Maloney has more than 19 years of footwear industry experience at prominen
Industry veteran to oversee Merrell, Saucony, and Chaco brands Wolverine World Wide, Inc. (NYSE:WWW) today announced the appointment of Susie Kuhn as President of the Company's Active Group, effective October 28, 2024. Ms. Kuhn will be responsible for leading successful brand strategies, executing consumer-focused go-to-market plans, and driving commercial performance for Wolverine Worldwide's Active Group – which includes the Merrell, Saucony, and Chaco brands. The Collective – the Company's recently created center-of-excellence focused on enabling our brands with consumer insights, trend, and innovation – will also report into Ms. Kuhn. She will report directly to Chris Hufnagel, Preside
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Raises revenue and earnings guidance for fiscal year 2024 Wolverine World Wide, Inc. (NYSE:WWW) today reported financial results for the third quarter ended September 28, 2024. "In the third quarter, we delivered better-than-expected revenue and earnings – led by Merrell and Saucony outpacing our forecast – as we continue to make progress on our plan to turnaround and transform the Company for the future," said Chris Hufnagel, President and Chief Executive Officer of Wolverine Worldwide. "We drove another quarter of record gross margin and more than doubled earnings versus last year. Today, we're moving forward with a stronger platform for growth – a rationalized portfolio of authentic br
Wolverine World Wide, Inc. (NYSE:WWW) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of common stock. The dividend is payable on February 3, 2025, to stockholders of record on January 2, 2025. The dividend is equal to the last quarterly dividend and reflects an indicated annual dividend of $0.40 per share. ABOUT WOLVERINE WORLDWIDE Founded in 1883, Wolverine World Wide, Inc. (NYSE:WWW) is one of the world's leading designers, marketers and licensors of branded casual footwear and apparel, performance outdoor and athletic footwear and apparel, kids' footwear, industrial work boots and apparel, and uniform footwear. The Company's divers
Wolverine World Wide, Inc. (NYSE:WWW) today announced that it expects to report its third quarter fiscal 2024 financial results on Thursday, November 7, 2024, 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 1-800-579-2543 (international callers, please dial 1-785-424-1789) approximately five minutes prior to the start of the call. The conference call will be broadcast live and accessible under "Webcasts & Presentations" in the Investor Relations section of www.wolverineworldwide.com. A recorded
The innovative brand reinvents sole construction to deliver 100% more energy return than leading hiking footwear for athleticism, comfort and style ROCKFORD, Mich., Jan. 2, 2025 /PRNewswire/ -- Merrell, the world's leading hiking and outdoor footwear brand, is proud to once again lead the outdoor industry into a new era with the unveiling of the SpeedARC Surge BOA. The SpeedARC Surge BOA introduces an athletic fast hiking sneaker, merging style, fit and engineering for effortless hiking. With the launch, Merrell is introducing the SpeedARC™ midsole system featuring active resp
The brand-building, global leader will support product vision, strategy and innovation ROCKFORD, Mich., Dec. 5, 2024 /PRNewswire/ -- Merrell, the world's leading hiking and outdoor footwear brand, announced it has welcomed Noreen Naroo-Pucci as Chief Product Officer. With a distinguished design career, Naroo-Pucci brings a wealth of creativity, leadership and business acumen to the hike, trail run and lifestyle footwear brand. As a global thinker and executive with multi-cultural experience, Naroo-Pucci will apply her skills to Merrell's expansion as a lifestyle brand. Merrell
Gaughan, 15th-fastest among Trials qualifiers, races in the Saucony Endorphin Elite ROCKFORD, Mich., Dec. 3, 2024 /PRNewswire/ -- Saucony, a global performance running lifestyle brand, has announced that Jackie Gaughan, a competitor in the 2024 U.S. Women's Olympic Marathon Trials, has signed a professional contract with the brand. Gaughan burst onto the sub-2:30 women's marathoning scene at the 2023 Berlin Marathon, securing an Olympic Marathon Trials qualifying mark of 2:27:08 while finishing 2nd American and 18th overall in the women's division. In January, Gaughan ran a pe
Stifel upgraded Wolverine from Hold to Buy and set a new price target of $29.00 from $21.00 previously
Telsey Advisory Group reiterated coverage of Wolverine with a rating of Market Perform and set a new price target of $23.00 from $15.00 previously
Exane BNP Paribas upgraded Wolverine from Neutral to Outperform and set a new price target of $22.00