Shares of Wolverine World Wide (WWW, Financial) experienced a significant decline, dropping 5.01%. The stock is currently priced at $16.29 with a trading volume of 396,296 shares and a turnover rate of 0.50%. The price fluctuation is recorded at 4.58%.
In its recent financial report, Wolverine World Wide reported a revenue of $425 million and a net profit of $13.70 million, with earnings per share at $0.17. The gross profit amounted to $172 million, and the price-to-earnings ratio stands at -15.52.
Among the 10 institutions that rated the stock, 60% recommended a buy, while 40% suggested holding. None advised selling. In the broader footwear accessories industry, there was an overall decline of 2.13%.
Within the industry, stocks like American Rebel Holdings Inc C/Wts 20/01/2027, Forward Industries, and Fossil Group showed significant gains. Meanwhile, American Rebel Holdings, Inc., Designer Brands Inc., and Crocs were active, with turnover rates of 4.05%, 1.02%, and 0.74% respectively. Notably, stocks with larger price fluctuations included American Rebel Holdings Inc C/Wts 20/01/2027 with a volatility of 14.04%, Rocky Brands, Inc. with 6.28%, and American Rebel Holdings, Inc. with 5.21%.
Wolverine World Wide, Inc. is involved in the design, manufacturing, sourcing, marketing, licensing, and distribution of branded footwear, apparel, and accessories. Its segments include Active Group, Work Group, Lifestyle Group, and others, with the Active Group, featuring brands like Merrell, Saucony, Sweaty Betty, and Chaco, generating the highest revenue.
