Tearsheet

Wolverine World Wide (WWW)


Market Price (2/21/2026): $18.25 | Market Cap: $1.5 Bil
Sector: Consumer Discretionary | Industry: Footwear

Wolverine World Wide (WWW)


Market Price (2/21/2026): $18.25
Market Cap: $1.5 Bil
Sector: Consumer Discretionary
Industry: Footwear

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.2%, Dividend Yield is 2.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.0%
Weak multi-year price returns
3Y Excs Rtn is -40%
Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -11%
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -34%
  Key risks
WWW key risks include [1] its heavy reliance on the wholesale distribution channel amid softening demand and [2] significant legal liabilities from an ongoing federal PFAS contamination lawsuit.
2 Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, Sustainable Consumption, and Health & Wellness Trends. Themes include Direct-to-Consumer Brands, Show more.
  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.2%, Dividend Yield is 2.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.0%
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -34%
2 Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, Sustainable Consumption, and Health & Wellness Trends. Themes include Direct-to-Consumer Brands, Show more.
3 Weak multi-year price returns
3Y Excs Rtn is -40%
4 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -11%
5 Key risks
WWW key risks include [1] its heavy reliance on the wholesale distribution channel amid softening demand and [2] significant legal liabilities from an ongoing federal PFAS contamination lawsuit.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Wolverine World Wide (WWW) stock has lost about 20% since 10/31/2025 because of the following key factors:

1. Underwhelming Full-Year 2025 Guidance Dampened Investor Confidence.Despite reporting stronger-than-anticipated Q3 2025 earnings and revenue on November 5, 2025, Wolverine World Wide's full-year 2025 guidance fell short of analyst expectations. This conservative outlook for future performance, despite recent positive results, often leads investors to recalibrate their expectations, resulting in downward pressure on the stock.

2. Negative Profit Impact from Tariffs and Persistent Macroeconomic Uncertainty.The company disclosed an estimated $30 million negative profit impact for 2025 due to tariffs. Additionally, ongoing macroeconomic uncertainty contributed to the company's decision to withdraw its initial full-year 2025 guidance earlier in the year and likely influenced its subsequent cautious outlook, creating investor apprehension about future profitability.

Show more

Stock Movement Drivers

Fundamental Drivers

The -19.6% change in WWW stock from 10/31/2025 to 2/20/2026 was primarily driven by a -20.8% change in the company's P/E Multiple.
(LTM values as of)103120252202026Change
Stock Price ($)22.5718.16-19.6%
Change Contribution By: 
Total Revenues ($ Mil)1,8211,8521.7%
Net Income Margin (%)4.8%4.8%0.5%
P/E Multiple21.116.7-20.8%
Shares Outstanding (Mil)8182-0.6%
Cumulative Contribution-19.6%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 2/20/2026
ReturnCorrelation
WWW-19.6% 
Market (SPY)1.1%24.1%
Sector (XLY)-2.1%26.1%

Fundamental Drivers

The -18.8% change in WWW stock from 7/31/2025 to 2/20/2026 was primarily driven by a -31.3% change in the company's P/E Multiple.
(LTM values as of)73120252202026Change
Stock Price ($)22.3718.16-18.8%
Change Contribution By: 
Total Revenues ($ Mil)1,7721,8524.5%
Net Income Margin (%)4.2%4.8%14.4%
P/E Multiple24.316.7-31.3%
Shares Outstanding (Mil)8182-1.1%
Cumulative Contribution-18.8%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 2/20/2026
ReturnCorrelation
WWW-18.8% 
Market (SPY)9.4%27.6%
Sector (XLY)6.3%33.1%

Fundamental Drivers

The -16.9% change in WWW stock from 1/31/2025 to 2/20/2026 was primarily driven by a -18.2% change in the company's P/S Multiple.
(LTM values as of)13120252202026Change
Stock Price ($)21.8518.16-16.9%
Change Contribution By: 
Total Revenues ($ Mil)1,7871,8523.6%
P/S Multiple1.00.8-18.2%
Shares Outstanding (Mil)8082-2.0%
Cumulative Contribution-16.9%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2025 to 2/20/2026
ReturnCorrelation
WWW-16.9% 
Market (SPY)15.6%50.6%
Sector (XLY)1.8%53.4%

Fundamental Drivers

The 22.7% change in WWW stock from 1/31/2023 to 2/20/2026 was primarily driven by a 127.3% change in the company's P/E Multiple.
(LTM values as of)13120232202026Change
Stock Price ($)14.8018.1622.7%
Change Contribution By: 
Total Revenues ($ Mil)2,6551,852-30.3%
Net Income Margin (%)6.0%4.8%-19.8%
P/E Multiple7.316.7127.3%
Shares Outstanding (Mil)7982-3.6%
Cumulative Contribution22.7%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2023 to 2/20/2026
ReturnCorrelation
WWW22.7% 
Market (SPY)75.9%39.9%
Sector (XLY)61.7%39.6%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
WWW Return-7%-61%-16%155%-17%-1%-35%
Peers Return33%-21%10%25%-23%10%23%
S&P 500 Return27%-19%24%23%16%0%83%

Monthly Win Rates [3]
WWW Win Rate42%25%58%50%50%50% 
Peers Win Rate68%33%57%52%40%70% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
WWW Max Drawdown-11%-65%-32%-13%-54%-5% 
Peers Max Drawdown-7%-47%-21%-12%-49%-6% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-1% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: DECK, COLM, VFC, CROX, SHOO. See WWW Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/20/2026 (YTD)

How Low Can It Go

Unique KeyEventWWWS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-83.6%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven509.4%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-63.1%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven170.8%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven325 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-41.7%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven71.6%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven574 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-57.0%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven132.7%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven399 days1,480 days

Compare to DECK, COLM, VFC, CROX, SHOO

In The Past

Wolverine World Wide's stock fell -83.6% during the 2022 Inflation Shock from a high on 5/7/2021. A -83.6% loss requires a 509.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Wolverine World Wide (WWW)

Wolverine World Wide, Inc. designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America. The company operates through two segments, Wolverine Michigan Group and Wolverine Boston Group. It offers casual footwear and apparel; performance outdoor and athletic footwear and apparel; kids' footwear; industrial work boots and apparel; and uniform shoes and boots. The company sources, markets, and licenses a range of footwear styles, such as shoes, boots, and sandals under the Bates, Cat, Chaco, Harley-Davidson, Hush Puppies, Hytest, Keds, Merrell, Saucony, Sperry, Sweaty Betty, Wolverine, and Stride Rite brands. It also markets Merrell and Wolverine branded apparel and accessories, as well as licenses its brands for use on non-footwear products, including the Hush Puppies apparel, eyewear, watches, socks, handbags, and plush toys; Wolverine branded eyewear and gloves; and Keds, Saucony, and Sperry branded apparel. In addition, the company markets pigskin leather under the Wolverine Warrior Leather, Weather Tight, and All Season Weather Leathers trademarks for use in the footwear industry. Further, it operates brick and mortar retail stores, and eCommerce sites. The company sells its products to department stores, national chains, catalog and specialty retailers, independent retailers, uniform outlets, and mass merchant and government customers through retail stores, as well as through third-party licensees and distributors, and joint ventures. As of January 1, 2022, it operated 143 retail stores, as well as 65 consumer-direct eCommerce sites. Wolverine World Wide, Inc. was founded in 1883 and is based in Rockford, Michigan.

AI Analysis | Feedback

Here are 1-3 brief analogies for Wolverine World Wide (WWW):

  • Like VF Corporation (Vans, The North Face) but for a diverse portfolio of footwear brands such as Merrell, Saucony, and Sperry.
  • Similar to Deckers Outdoor (UGG, Hoka) but with a wider range of casual, work, and performance footwear brands.

AI Analysis | Feedback

  • Merrell: A brand of outdoor performance footwear and apparel, known for its hiking boots and trail shoes.
  • Saucony: An athletic performance footwear and apparel brand specializing in running shoes.
  • Wolverine: A brand offering work and outdoor footwear and apparel, particularly durable boots for industrial and rugged use.
  • Chaco: A brand focused on performance outdoor sandals, shoes, and accessories, recognized for their adjustable straps and arch support.
  • Cat Footwear: Produces rugged work and lifestyle boots and shoes under license from Caterpillar Inc.
  • Bates: Provides uniform footwear primarily for military, police, and other uniformed service personnel.
  • Hytest: Offers safety footwear, including protective shoes and boots for various demanding work environments.
  • Harley-Davidson Footwear: Manufactures lifestyle and performance boots and shoes inspired by the iconic motorcycle brand under license.

AI Analysis | Feedback

```html

Wolverine World Wide (WWW) Major Customers

Wolverine World Wide (WWW) primarily sells its branded footwear and apparel products to other companies, specifically a diverse range of retailers through its wholesale channels. While the company also operates direct-to-consumer (DTC) channels, the wholesale segment represents a significant portion of its overall business.

According to its most recent annual report (Form 10-K for the fiscal year ended December 30, 2023), no single customer accounted for 10% or more of Wolverine World Wide's consolidated net sales. As such, the company is not required to and does not publicly disclose the names of specific major customer companies at that threshold.

However, Wolverine World Wide's major customers generally fall into the following categories of retailers:

  • Department stores
  • National and regional sporting goods chains
  • Independent retailers
  • Specialty outdoor retailers
  • Mass merchandisers

These categories represent the types of companies through which Wolverine World Wide distributes its products globally, including brands such as Merrell, Saucony, Sperry, and Wolverine.

```

AI Analysis | Feedback

null

AI Analysis | Feedback

Christopher Hufnagel President & Chief Executive Officer

Christopher Hufnagel has served as the President and Chief Executive Officer of Wolverine World Wide since August 2023. He joined the company in 2008 and has held various senior leadership positions, including President of the Active Group, Global Brand President of Merrell, Global Brand President of CAT Footwear, President of Direct-to-Consumer, and Senior Vice President of Strategy. Prior to his tenure at Wolverine World Wide, he held senior leadership roles at other companies such as Under Armour, Gap Inc., and Abercrombie & Fitch.

Taryn Miller Chief Financial Officer

Taryn Miller was appointed Chief Financial Officer of Wolverine World Wide, effective May 2024. She brings over 25 years of experience in corporate finance and investor relations. Her previous roles include Vice President of Corporate and Commercial Finance at Corteva Agriscience (October 2022 - October 2023), and Chief Financial Officer of Global Business Units, Enterprise FP&A, and Investor Relations at Kimberly-Clark Corporation (April 2017 - October 2022). Earlier in her career, she held various financial leadership positions at Kraft Heinz Company, including Chief Financial Officer and Vice President of Finance at Kraft Heinz Canada Inc.

Brett Parent Chief Strategy Officer

Brett Parent assumed the role of Chief Strategy Officer in February 2025. Before this appointment, he served as the Vice President of Strategy and was involved in the Direct-to-Consumer Division at Wolverine World Wide.

Richard McLeod Chief Marketing Officer

Richard McLeod became the Chief Marketing Officer in 2025. His prior experience includes serving as Vice President and Chief Marketing Officer at Champion and as Senior Vice President of Brand at Canada Goose.

Dave Latchana Chief Legal Officer & Corporate Secretary

Dave Latchana holds the position of Chief Legal Officer & Corporate Secretary at Wolverine World Wide.

AI Analysis | Feedback

The public company Wolverine World Wide (WWW) faces several key risks to its business operations and financial performance.

  1. Competitive Environment and Changing Consumer Preferences

    Wolverine World Wide operates in a highly competitive and fragmented market, competing against larger companies with greater resources. A significant risk lies in the company's ability to adapt to evolving consumer preferences and fashion trends. Failure to maintain positive brand images and respond effectively to these changes, alongside shifts in general economic conditions, employment rates, business conditions, and interest rates, could lead to decreased demand for its products. The company's heavy reliance on wholesale distribution (approximately 75%) also makes it vulnerable to a softening of wholesale demand or slowing distribution-led growth, which are critical short-term concerns.
  2. Supply Chain and Foreign Sourcing Risks

    The company's significant reliance on third-party manufacturers, particularly in the Asia Pacific region, exposes it to various supply chain and foreign sourcing risks. These include potential disruptions due to political instability, tariffs, pandemics, and other unforeseen events. Challenges such as capacity constraints, production delays, service interruptions at shipping and receiving ports, labor shortages, quality issues, and price increases associated with foreign sourcing can materially adversely affect the business. The COVID-19 pandemic is specifically noted as having had a material adverse effect on the company.
  3. Legal and Regulatory Risks, including PFAS Lawsuits

    Wolverine World Wide is currently facing legal and regulatory challenges, notably a federal PFAS contamination lawsuit. Such legal proceedings and environmental compliance activities can result in significant costs, including those related to environmental remediation. These types of litigation and regulatory risks can lead to substantial financial liabilities and reputational damage.

AI Analysis | Feedback

The rapid and significant market share gains by agile, digitally-native performance footwear brands, such as Hoka (from Deckers Brands) and On Running, represent a clear emerging threat. These challenger brands have successfully leveraged distinct product innovations (e.g., maximalist cushioning, unique sole technologies), aggressive direct-to-consumer strategies, and influential social media marketing to disrupt the athletic and outdoor footwear segments, directly competing with Wolverine World Wide's core brands like Saucony and Merrell.

AI Analysis | Feedback

For Wolverine World Wide (symbol: WWW), the addressable markets for their main products and services are as follows:

  • Casual Footwear and Apparel: The global casual shoes market was valued at USD 100 billion in 2023 and is projected to reach USD 214 billion by 2031, growing at a Compound Annual Growth Rate (CAGR) of 10%. Another estimate places the global casual shoes market size at USD 92.53 billion in 2025, projected to reach USD 158.33 billion by 2034 with an estimated CAGR of approximately 6.15%. In 2025, the North American casual shoe market is expected to hold 31.75% of the global market revenue.
  • Performance Outdoor and Athletic Footwear and Apparel: The global outdoor footwear market was valued at US$21.01 billion in 2024 and is projected to reach US$33.74 billion by 2031, growing at a CAGR of 7.1%. Another source indicates the global outdoor footwear market is projected to increase from USD 51.2 billion in 2025 to USD 101.7 billion by 2035, with a CAGR of 7.1%. Specifically for hiking footwear, the global market size was US$19.70 billion in 2023 and is projected to expand at a CAGR of 3.1% to reach US$26.73 billion by the end of 2033.
  • Children's Footwear: The global kids' footwear market size was valued at USD 54.49 billion in 2024 and is projected to reach USD 79.11 billion by 2030, growing at a CAGR of 8.2% from 2025 to 2030. North America dominated the global kids' footwear industry with a revenue share of 33.0% in 2024. The U.S. kids' footwear market held a 73.0% revenue share of the North American regional industry in 2024.
  • Industrial Work Boots and Apparel: null

AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for Wolverine World Wide (WWW) over the next 2-3 years:

  1. Growth of Key Brands and Brand Portfolio Optimization: Wolverine World Wide anticipates future revenue growth by focusing on and expanding its strongest brands, particularly Merrell and Saucony, which have consistently outperformed expectations. The company's strategic emphasis is on optimizing its brand portfolio to position authentic brands in attractive categories.
  2. New Product Launches and Innovation: Innovation and the introduction of new products are expected to drive revenue growth. For instance, planned new product launches for 2025 include Merrell's Speed Arc Collection and several initiatives for the Wolverine brand. Collaborations, such as Merrell's upcoming partnership with Jeep, and new product introductions in the Saucony brand are also highlighted.
  3. Expansion of Direct-to-Consumer (DTC) Channels: The company plans to enhance its direct-to-consumer channels and expand its physical footprint by increasing store counts in relevant U.S. lifestyle and athletic specialty channels. This focus aims to leverage stronger consumer connections and potentially higher margins.
  4. Strategic Restructuring and Operational Efficiency: Although not a direct revenue driver, Wolverine World Wide's ongoing corporate restructuring plan, which includes optimizing inventory levels and realizing significant annual savings, is creating a "stronger platform for growth." Improved gross margins, attributed to a healthier sales mix and supply chain cost-saving initiatives, enhance profitability and provide capital for reinvestment into growth initiatives.
  5. International Expansion: Wolverine World Wide's "Brand-Building Playbook" includes international expansion as a key component for achieving further growth, alongside targeted product development and strong DTC sales channels. This indicates a focus on increasing market penetration outside of existing domestic markets.

AI Analysis | Feedback

Share Repurchases

  • Wolverine World Wide announced a new share repurchase program on May 8, 2024, authorizing up to $150 million in common stock repurchases, valid for three years.
  • Prior to this, the company's Board of Directors approved a plan to repurchase up to $400 million in shares over a four-year term, incremental to $27 million remaining under an existing program.

Share Issuance

  • No significant share issuances (dollar amount) by the company in the last 3-5 years were identified.

Inbound Investments

  • No significant inbound investments made in Wolverine World Wide by third-parties were identified in the last 3-5 years.

Outbound Investments

  • Wolverine World Wide acquired British athleisure retailer Sweaty Betty in August 2021.
  • The company sold the Keds brand to Designer Brands, Inc. (DBI) in February 2023 and intends to license Hush Puppies footwear for the United States and Canada to DBI, with these transactions expected to generate over $90 million in cash.
  • Wolverine World Wide completed the sale of the Sperry brand in January 2024.

Capital Expenditures

  • Wolverine World Wide's capital expenditures averaged $19.84 million annually for fiscal years ending January 2021 to 2024.
  • The company's capital expenditures for the latest twelve months were $23.1 million.
  • Expected capital expenditures for fiscal year 2025 are approximately $25 million.

Better Bets vs. Wolverine World Wide (WWW)

Latest Trefis Analyses

Trade Ideas

Select ideas related to WWW.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
LULU_1302026_Dip_Buyer_FCFYield01302026LULULululemon AthleticaDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
1.1%1.1%-2.8%
KSS_1302026_Short_Squeeze01302026KSSKohl'sSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
13.6%13.6%-1.0%
AAP_1022026_Short_Squeeze01022026AAPAdvance Auto PartsSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
51.3%51.3%-0.4%
KTB_12192025_Dip_Buyer_FCFYield12192025KTBKontoor BrandsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
5.2%5.2%-10.3%
COUR_12192025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG12192025COURCourseraDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
-21.8%-21.8%-24.2%
WWW_3312020_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG03312020WWWWolverine World WideDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
69.7%155.7%-16.3%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

WWWDECKCOLMVFCCROXSHOOMedian
NameWolverin.Deckers .Columbia.VF Crocs Steven M. 
Mkt Price18.16118.6964.2321.23100.0439.8952.06
Mkt Cap1.517.13.58.35.12.84.3
Rev LTM1,8525,3753,4249,5834,0412,3633,732
Op Inc LTM1411,28025751188886384
FCF LTM54929169310659133240
FCF 3Y Avg180985307603799205455
CFO LTM761,013234467710175351
CFO 3Y Avg2021,074366765878233565

Growth & Margins

WWWDECKCOLMVFCCROXSHOOMedian
NameWolverin.Deckers .Columbia.VF Crocs Steven M. 
Rev Chg LTM3.6%9.2%2.8%-0.3%-1.5%6.4%3.2%
Rev Chg 3Y Avg-10.6%14.7%0.1%-6.2%4.5%2.7%1.4%
Rev Chg Q6.8%7.1%1.3%1.5%-3.2%6.9%4.2%
QoQ Delta Rev Chg LTM1.7%2.5%0.3%0.4%-0.8%1.9%1.0%
Op Mgn LTM7.6%23.8%7.5%5.3%22.0%3.7%7.6%
Op Mgn 3Y Avg3.4%22.9%8.8%4.8%24.4%8.6%8.7%
QoQ Delta Op Mgn LTM0.6%0.3%-0.5%0.4%-1.1%-2.2%-0.1%
CFO/Rev LTM4.1%18.8%6.8%4.9%17.6%7.4%7.1%
CFO/Rev 3Y Avg9.8%22.7%10.7%7.8%21.8%11.0%10.8%
FCF/Rev LTM2.9%17.3%5.0%3.2%16.3%5.6%5.3%
FCF/Rev 3Y Avg8.7%20.8%9.0%6.1%19.8%9.7%9.3%

Valuation

WWWDECKCOLMVFCCROXSHOOMedian
NameWolverin.Deckers .Columbia.VF Crocs Steven M. 
Mkt Cap1.517.13.58.35.12.84.3
P/S0.83.21.00.91.31.21.1
P/EBIT10.312.713.714.831.832.714.2
P/E16.716.418.837.1-63.250.317.7
P/CFO19.416.915.017.87.216.216.5
Total Yield8.2%6.1%7.2%4.4%-1.6%4.1%5.2%
Dividend Yield2.2%0.0%1.9%1.7%0.0%2.2%1.8%
FCF Yield 3Y Avg18.5%5.1%7.0%8.1%14.7%6.8%7.6%
D/E0.60.00.10.60.30.20.3
Net D/E0.5-0.10.10.50.30.20.2

Returns

WWWDECKCOLMVFCCROXSHOOMedian
NameWolverin.Deckers .Columbia.VF Crocs Steven M. 
1M Rtn-5.1%16.4%20.0%8.8%17.3%-11.8%12.6%
3M Rtn14.8%39.4%20.4%31.6%22.8%0.9%21.6%
6M Rtn-40.3%8.8%14.3%56.7%15.6%41.4%14.9%
12M Rtn22.0%-20.9%-27.4%-18.0%-8.1%5.9%-13.1%
3Y Rtn31.6%78.3%-22.9%-8.8%-15.7%27.1%9.2%
1M Excs Rtn-5.6%15.9%19.5%8.3%16.8%-12.3%12.1%
3M Excs Rtn18.0%37.3%21.1%42.1%24.6%3.4%22.8%
6M Excs Rtn-44.0%6.0%12.3%59.0%11.5%43.7%11.9%
12M Excs Rtn6.4%-34.7%-39.8%-30.6%-22.3%-8.2%-26.4%
3Y Excs Rtn-40.1%1.2%-92.8%-82.7%-85.3%-45.9%-64.3%

Financials

Segment Financials

Assets by Segment
$ Mil20242023202220212020
Active Group1,1841,3321,377  
Corporate340212204401313
Work Group319376284  
Other25159583138
Lifestyle Group 515663  
Wolverine Boston Group   1,0781,355
Wolverine Michigan Group   627774
Total2,0942,4932,5862,1372,480


Price Behavior

Price Behavior
Market Price$18.16 
Market Cap ($ Bil)1.5 
First Trading Date12/18/1984 
Distance from 52W High-43.4% 
   50 Days200 Days
DMA Price$18.20$21.09
DMA Trendupup
Distance from DMA-0.2%-13.9%
 3M1YR
Volatility40.6%64.0%
Downside Capture12.62150.82
Upside Capture88.11151.52
Correlation (SPY)32.2%52.9%
WWW Betas & Captures as of 1/31/2026

 1M2M3M6M1Y3Y
Beta2.151.511.341.411.771.62
Up Beta5.664.243.393.422.292.02
Down Beta2.742.562.582.031.361.23
Up Capture41%48%-61%3%143%302%
Bmk +ve Days11223471142430
Stock +ve Days11233259121368
Down Capture109%2%79%85%137%110%
Bmk -ve Days9192754109321
Stock -ve Days8172864127376

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with WWW
WWW18.9%63.9%0.53-
Sector ETF (XLY)4.5%24.2%0.1355.9%
Equity (SPY)13.5%19.4%0.5352.9%
Gold (GLD)74.5%25.6%2.15-4.9%
Commodities (DBC)7.2%16.9%0.2515.8%
Real Estate (VNQ)7.1%16.7%0.2440.2%
Bitcoin (BTCUSD)-30.6%44.9%-0.6822.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with WWW
WWW-9.3%57.6%0.07-
Sector ETF (XLY)7.5%23.7%0.2845.6%
Equity (SPY)13.4%17.0%0.6244.9%
Gold (GLD)22.6%17.1%1.084.3%
Commodities (DBC)10.9%19.0%0.4614.2%
Real Estate (VNQ)5.0%18.8%0.1738.5%
Bitcoin (BTCUSD)7.2%57.1%0.3523.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with WWW
WWW3.1%50.1%0.26-
Sector ETF (XLY)14.3%21.9%0.6048.7%
Equity (SPY)16.1%17.9%0.7746.4%
Gold (GLD)14.8%15.6%0.79-0.8%
Commodities (DBC)8.6%17.6%0.4018.9%
Real Estate (VNQ)7.0%20.7%0.3041.2%
Bitcoin (BTCUSD)67.8%66.7%1.0716.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date1302026
Short Interest: Shares Quantity6.7 Mil
Short Interest: % Change Since 11520260.3%
Average Daily Volume1.8 Mil
Days-to-Cover Short Interest3.8 days
Basic Shares Quantity81.6 Mil
Short % of Basic Shares8.3%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/5/2025-24.3%-28.7%-21.2%
8/6/202514.8%17.8%36.2%
5/8/202510.3%11.4%19.9%
2/19/2025-16.6%-19.9%-25.3%
11/7/202435.8%34.0%43.2%
8/7/2024-6.8%-8.2%-1.2%
5/8/202411.6%23.1%14.9%
1/8/202418.4%15.7%12.8%
...
SUMMARY STATS   
# Positive101111
# Negative121111
Median Positive10.8%11.4%12.8%
Median Negative-9.1%-14.1%-15.4%
Max Positive35.8%34.0%43.2%
Max Negative-34.2%-36.7%-53.6%

SEC Filings

Expand for More
Report DateFiling DateFiling
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202402/20/202510-K
09/30/202411/07/202410-Q
06/30/202408/08/202410-Q
03/31/202405/08/202410-Q
12/31/202302/22/202410-K
09/30/202311/09/202310-Q
06/30/202308/10/202310-Q
03/31/202305/11/202310-Q
12/31/202202/23/202310-K
09/30/202211/10/202210-Q
06/30/202208/11/202210-Q
03/31/202205/12/202210-Q
12/31/202102/24/202210-K

Insider Activity

Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Boyle, Jack TrustBuy1110202515.776,25098,56298,562Form
2Long, Nicholas T DirectBuy1110202515.882,00031,7601,242,896Form
3Price, Demonty TrustBuy1110202515.7725,000394,2501,182,750Form
4Klimek, Amy MChief Human Resources OfficerDirectSell1103202522.3211,528  Form
5Hufnagel, ChristopherPresident and CEODirectSell902202531.9132,2941,030,5027,389,016Form