23-Apr-2024
Sneakerheads losing interest and spending less
Seeking Alpha News (Sun, 21-Apr 9:00 AM ET)
PRNewswire (Mon, 11-Mar 7:00 AM ET)
Saucony Signs Pro Runner Vanessa Fraser
PRNewswire (Fri, 8-Mar 9:03 AM ET)
Saucony Unveils Updated Endorphin Speed 4
PRNewswire (Thu, 29-Feb 10:57 AM ET)
Championing Women in the Skilled Trades, Wolverine Launches Woman-Made
PRNewswire (Thu, 29-Feb 8:14 AM ET)
Saucony x Bodega Launch Limited - Edition Sneaker Collab
PRNewswire (Fri, 23-Feb 8:17 AM ET)
Wolverine Goes Full Throttle with Red Bull Scramble Series Collection
PRNewswire (Thu, 22-Feb 8:14 AM ET)
Business Wire (Wed, 21-Feb 6:30 AM ET)
Wolverine Worldwide Declares Quarterly Dividend
Business Wire (Wed, 7-Feb 4:05 PM ET)
Business Wire (Wed, 7-Feb 6:30 AM ET)
Wolverine World Wide Inc is engaged in designing, manufacturing, sourcing, marketing, licensing, and distributing branded footwear, apparel, and accessories. The company's segment includes Active Group; Work Group; Lifestyle Group and Other. It generates maximum revenue from the Active Group segment. Active Group segment consists of Merrell footwear and apparel, Saucony footwear and apparel, Sweaty Betty activewear, and Chaco footwear.
Wolverine World Wide trades on the NYSE stock market under the symbol WWW.
As of April 23, 2024, WWW stock price climbed to $10.42 with 700,409 million shares trading.
WWW has a beta of 1.15, meaning it tends to be more sensitive to market movements. WWW has a correlation of 0.06 to the broad based SPY ETF.
WWW has a market cap of $832.67 million. This is considered a Small Cap stock.
Last quarter Wolverine World Wide reported $527 million in Revenue and -$.30 earnings per share. This beat revenue expectation by $15 million and missed earnings estimates by -$.03.
In the last 3 years, WWW stock traded as high as $44.74 and as low as $7.21.
The top ETF exchange traded funds that WWW belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.
WWW stock has underperformed the market in the last year with a return of -35.5%, while SPY returned +24.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in WWW shares. However, WWW has outperformed the market in the last 3 month and 2 week periods, returning +23.8% and +7.0%, while SPY returned +4.9% and -2.5%, respectively. This indicates WWW has been having a stronger performance recently.
WWW support price is $9.72 and resistance is $10.31 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WWW stock will trade within this expected range on the day.