Wolverine World Wide Inc - Company Profile
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Wolverine World Wide Inc (Wolverine) is a footwear and apparel manufacturer. The company designs, markets, licenses, sources, leases, and distributes footwear and apparel products, performance outdoor and athletic footwear, children’s footwear, industrial work boots, apparel, and uniform shoes and boots. The company also offers handbags, eyewear, socks, watches, and plush toys. It markets products under the Bates, Cat, Chaco, Harley-Davidson, Hush Puppies, HyTest, Keds, Merrell, Sweaty, Betty, Sperry, Saucony, Stride Rite, and Wolverine brand names. The company markets and sells these products through various department stores, national chains, catalog retailers, specialty retailers, mass merchants and internet retailers, and government customers. Wolverine operates across Europe, the Americas, the Middle East, Africa, and Asia. Wolverine is headquartered in Rockford, Michigan, the US.
Headquarters
United States of America
Address
9341 Courtland Drive, Rockford, Michigan, 49351
Website
www.wolverineworldwide.com
Telephone
1 616 8665500
No of Employees
4,100
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
WWW (NYSE)
Revenue (2022)
$2.2B
-16.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
78.7%
(2022 vs 2021)
Market Cap*
$766.3M
Net Profit Margin (2022)
XYZ
74.5%
(2022 vs 2021)
* As of and is in US$
Wolverine World Wide Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Apparel | Consulting Services | Bates |
| Footwear | Chaco | |
| Activewear | HyTest | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In February, the company entered into a collaboration with Red Bull to launch a collection for the Red Bull Scramble Series. |
| 2024 | Divestiture | In January, the company sold the Sperry brand to Authentic Brands Group, Inc. |
| 2023 | Contracts/Agreements | In December, the company signed an agreement to sell a minority stake in the Merrell and Saucony business to Xtep for US$61 million. |
Competitor Comparison
| Key Parameters | Wolverine World Wide Inc | Dick’s Sporting Goods Inc | Under Armour Inc | Hanesbrands Inc | Crocs Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Rockford | Coraopolis | Baltimore | Winston-Salem | Broomfield |
| State/Province | Michigan | Pennsylvania | Maryland | North Carolina | Colorado |
| No. of Employees | 4,100 | 18,800 | 7,400 | 48,000 | 7,030 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Nicholas T. Long | Chairman | Executive Board | 2023 | 65 |
| Christopher E. Hufnagel | Director; President; Chief Executive Officer | Executive Board | 2023 | 51 |
| Michael D. Stornant | Chief Financial Officer; Treasurer; Executive Vice President | Senior Management | 2015 | 57 |
| Amy M. Klimek | Executive Vice President - Global Human Resources; Chief Human Resources Officer | Senior Management | 2016 | 50 |
| James D. Zwiers | Executive Vice President; President - Global Operations Group | Senior Management | 2021 | 56 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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