WWW on NYSE

Wolverine World Wide

Logo: wolverineworldwide.com5

American footwear manufacturer

Wolverine World Wide, Inc. (doing business as Wolverine Worldwide) is a publicly traded American footwear manufacturer based in Rockford, Michigan.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 19, 2026.

Overview

$1.9BRevenue, fiscal 20266
$95.8MNet income, fiscal 20266
1883Founded1

Compare with STEVEN MADDEN, LTD., Caleres or Rocky Brands, or pick any stock.

  • TickerWWW on NYSE1
  • Industrytextile industry1
  • HeadquartersRockford1
  • Websitewww.wolverineworldwide.com
  • Legal formDelaware corporation1
  • Incorporated inMI7
  • Business address9341 Courtland Dr, Rockford, Mi 493517
  • Filer categoryLarge accelerated filer7
  • LEI549300OVC7PK14LQ8D874
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O CORPORATION SERVICE COMPANY, 19808 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 7046094
Wolverine World Wide image from its website
Image: wolverineworldwide.com5

Wolverine World Wide, Inc. (doing business as Wolverine Worldwide) is a publicly traded American footwear manufacturer based in Rockford, Michigan. The shoemaker is known for its eponymous brand, Wolverine Boots and Shoes, as well as other brands, such as Hush Puppies, Chaco, and Merrell. The company also manufactures licensed footwear for other firms, such as Caterpillar and Harley-Davidson.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

47.3%Gross margin6
8.0%Operating margin6
5.1%Net margin6
23.5%Return on equity6
1.34×Debt to equity6
$125.5MFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Active Group brought in 75% of the revenue Wolverine World Wide broke down this way in fiscal 2025.

  1. Active Group$1.4B675%up 13% from 2024
  2. Work Group$422.2M623%down 7% from 2024
  3. Other Operating$44.3M62%down 17% from 2024
Business segments by year
Business segments202320242025
Active Group$1.4B$1.2B$1.4B
Work Group$480.6M$455.3M$422.2M
Other Operating$323.2M$53.6M$44.3M

Regions

EMEA brought in 61% of the revenue Wolverine World Wide broke down this way in fiscal 2025.

  1. EMEA$601.5M661%up 14% from 2024
  2. Asia Pacific$181.7M619%up 20% from 2024
  3. Latin America$111.7M611%up 13% from 2024
  4. Canada$83.2M69%up 1% from 2024
Regions by year
Regions202320242025
EMEA$540.8M$529.6M$601.5M
Asia Pacific$253.2M$150.9M$181.7M
Latin America$123.9M$98.5M$111.7M
Canada$107.1M$82.6M$83.2M

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue53¢$987.6M
  • Selling, general and admin39¢$729.9M
  • Other costs2¢$40.5M
  • Income tax1¢$20.5M
  • Profit5¢$95.8M

Out of $1.9B in revenue.6

Where each dollar of operating cash went, fiscal 2026

  • Capital spending10¢$14.5M
  • Dividends paid24¢$33.3M
  • Share buybacks10¢$14.5M
  • Kept or used elsewhere56¢$77.7M

Out of $140.0M of cash from operations.6

Financial statements

Revenue1011126$1.9B in 2026−18% since 2019
0$1.0B$2.0B$3.0B2019: $2.3B$2.3B20192021: $1.8B$1.8B2021−21%2022: $2.7B$2.7B2022+50%2023: $2.2B$2.2B2023−16%2024: $1.8B$1.8B2024−22%2026: $1.9B$1.9B2026+7%
Gross profit1011126$886.7M in 2026−4% since 2019
0$500.0M$1.0B$1.5B2019: $923.8M$923.8M20192021: $735.6M$735.6M2021−20%2022: $1.1B$1.1B2022+46%2023: $873.9M$873.9M2023−18%2024: $778.0M$778.0M2024−11%2026: $886.7M$886.7M2026+14%
Operating income1011126$150.2M in 2026−12% since 2019
-$300.0M-$200.0M-$100.0M0$100.0M$200.0M2019: $171.0M$171.0M20192021: -$137.1M-$137.1M20212022: -$208.4M-$208.4M2022+52%2023: -$66.8M-$66.8M2023−68%2024: $97.5M$97.5M20242026: $150.2M$150.2M2026+54%
Net income1011126$95.8M in 2026−25% since 2019
-$200.0M-$100.0M0$100.0M$200.0M2019: $128.5M$128.5M20192021: -$136.9M-$136.9M20212022: -$188.3M-$188.3M2022+38%2023: -$38.5M-$38.5M2023−80%2024: $45.2M$45.2M20242026: $95.8M$95.8M2026+112%

Every line of the income statement as filed: the last 3 fiscal years, latest first.6

Period ending2025-12-312024-12-312023-12-31
Revenue$1.9B$1.8B$2.2B
Cost of goods sold$987.6M$977.0M$1.4B
Gross profit$886.7M$778.0M$873.9M
Selling, general and administrative expenses$729.9M$690.0M$856.2M
Gain on sale of businesses, trademarks and long-lived assets$0-$8.5M-$90.4M
Impairment, Long-Lived Asset, Held-for-Use$0$9.3M$185.3M
Environmental and other related costs (income), net of recoveries$6.6M-$10.3M-$10.4M
Operating profit (loss)$150.2M$97.5M-$66.8M
Interest expense, net$32.8M$42.7M$63.5M
Other expense (income), net-$4.1M-$3.3M$2.5M
Total other expenses$28.7M$39.4M$66.0M
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total$121.5M$58.1M-$132.8M
Income tax expense (benefit)$20.5M$9.3M-$94.7M
Net earnings (loss)$101.0M$48.8M-$38.1M
Less: net earnings attributable to noncontrolling interests$5.2M$3.6M$400.0K
Net earnings (loss) attributable to Wolverine World Wide, Inc.$95.8M$45.2M-$38.5M
Earnings per share - Basic$1.14$0.55-$0.49
Earnings per share - Diluted$1.14$0.55-$0.49

Compare Wolverine World Wide with another company

The story

Founding and early years

Fredrick Hirth and G. A. Krause founded the company in 1883. Hirth and Krause bought a small leather shop in Grand Rapids, Michigan, starting with a capital investment of $2,900. In 1901, they built a plant in Rockford Michigan, just north of Grand Rapids. They purchased and expanded the Rogue River Electric Light and Power Company to power their new plant and the city of Rockford. In 1903, operations began and in 1908, a tannery followed. The company thus processed its own raw materials and manufactured its own shoes sold through the Hirth-Krause Company. In 1921 the company changed its name to Wolverine Shoe and Tanning Corporation. During the period 1916-1923 its earnings increased 700%.

In 1941, during World War II, the Wolverine Shoe and Tanning Company began to work for the U.S. Navy, developing pigskin gloves and inventing what later became known as pigskin suede.

Name change and acquisitions

In 1964, the company changed its name to Wolverine World Wide, Inc. and in 1965 became a publicly traded company listed on the New York Stock Exchange. Hush Puppies, a casual footwear brand founded by the company in 1958, quickly rose to popularity in the 1960s.

In 1994, Wolverine World Wide introduced Cat Footwear, a licensed brand of shoes using the Caterpillar Inc. name.

In 1995, the Council of Fashion Designers of America voted Hush Puppies as Fashion Accessory of the Year.

In 1996, the UK wholesale business for Hush Puppies was acquired from Sears plc, who had been selling Hush Puppies in the United Kingdom. Sears' Hush Puppies retail business was sold to Stylo plc at the same time.

In 1997, Wolverine World Wide continued expanding by purchasing the Merrell brand. A year later, the company acquired the global license for footwear from the Harley-Davidson Motor Company.

Wolverine World Wide acquisitions in the 2000s included the 2003 purchase of Sebago and 2009 purchases of Chaco and the UK-based brand Cushe. The company discontinued the Cushe brand in 2015 and sold Sebago to Italian publicly traded company BasicNet in 2017.

Read the full text

In 2006, Wolverine World Wide entered into a global footwear licensing deal with Patagonia, Inc. The company stopped production of Patagonia footwear in 2014.

2012–present

Wolverine World Wide nearly doubled in size after its 2012 acquisition of the Performance Lifestyle Group of Collective Brands, which added Saucony, Keds, Stride Rite and Sperry brands to its portfolio. The US$1.23 billion transaction also involved the sale of Payless ShoeSource and Collective Licensing International to private equity firms Blum Capital Partners and Golden Gate Capital. In 2017, the company sold its United States Department of Defense footwear business along with a factory in Big Rapids, Michigan to Tennessee-based footwear manufacturer Original Footwear. In the same year, Wolverine World Wide converted Stride Rite to a licensed brand operated by New York City-based Vida Shoes International.

The company is based out of corporate offices in Rockford, Michigan and Waltham, Massachusetts. Wolverine World Wide also operates three distribution centers in the United States, one in Canada and one in the Netherlands. As of December 29, 2018, Wolverine World Wide operated 80 retail stores in the U.S. and Canada and 42 consumer-direct eCommerce sites. According to the company's 2018 annual report, "substantially all of the units sourced by the Company are procured from numerous third-party manufacturers in the Asia Pacific region. The Company maintains offices in the Asia Pacific region to develop and facilitate sourcing strategies."

Wolverine World Wide operated various PFAS dumpsites throughout Belmont and Rockford that contaminated the drinking water of hundreds of residents. The chemicals involved have been linked to various negative health effects, including several cancers. In February 2020, the company settled Grand Rapids federal court action by agreeing to pay US$69.5 million to provide town-supplied drinking water to affected residents.

In 2019, Wolverine World Wide reorganized into two operating segments:

Wolverine Michigan Group, whose brands include Bates, Cat Footwear, Chaco, Harley-Davidson Footwear, Hush Puppies, HyTest, Merrell and Wolverine

Wolverine Boston Group, whose brands include Keds, Saucony, Sperry Top-Sider, the Stride Rite licensed business and the kids footwear businesses of Cat, Hush Puppies, Keds, Merrell, Saucony and Sperry

In 2021, Wolverine World Wide acquired British athleisure retailer Sweaty Betty, In 2023, the company sold Keds to Designer Brands. A year later, Wolverine World Wide sold Sperry to Authentic Brands Group.

From Wikipedia’s article on Wolverine World Wide, shared under CC BY-SA 4.0.8

Leadership

Who has led Wolverine World Wide, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (48)

Products and brands

  • footwear

Listed on Wikidata.1

Bates: Military, tactical, and security footwear and apparel

Cat: Licensed work boots and apparel

Chaco: Sandals, clogs, and boots

Harley-Davidson: Licensed motorcycle boots and apparel

Read the full text

Hush Puppies: Formal and casual footwear and apparel

Hytest: Safety work boots

Merrell: Trail running footwear and apparel

Saucony: Running shoes and apparel

Stride Rite: Children's footwear and apparel

Sweaty Betty: Women's fitness apparel

Wolverine: Work boots and apparel

From Wikipedia’s article on Wolverine World Wide, shared under CC BY-SA 4.0.8

Subsidiaries and ownership

Subsidiaries

Also owns

Also consolidated

From Wikidata.1 Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Acquisitions

  1. 2012Stride Rite Corporation became a subsidiary1

Timeline

  1. Nov 1, 2023New chief executive Christoper Hufnagel becomes CEO17
  2. Feb 11, 2022New chief executive Brendan Hoffman becomes CEO18
  3. Dec 21, 2007New chief executive Blake W. Krueger becomes CEO19
  4. Jan 11, 2006New chief executive Timothy J. Odonovan becomes CEO20
  5. 1883Founded Founded1

Filings

494 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 57 major events, 337 insider forms, 28 large holders, 52 other. The latest 20:

  1. Sep 21, 20268-K EDGAR
  2. Sep 3, 20264 EDGAR
  3. Sep 1, 2026144 EDGAR
  4. Aug 14, 2026SCHEDULE 13G/A EDGAR
  5. Aug 13, 202610-Q EDGAR
  6. Aug 13, 20268-K EDGAR
  7. Aug 4, 20264 EDGAR
  8. Aug 4, 20264 EDGAR
  9. Aug 4, 20264 EDGAR
  10. Aug 4, 20264 EDGAR
  11. Aug 4, 20264 EDGAR
  12. Aug 4, 20264 EDGAR
  13. Jul 15, 20264 EDGAR
  14. Jul 13, 2026144 EDGAR
  15. Jul 13, 20264 EDGAR
  16. May 22, 20264 EDGAR
  17. May 21, 2026144 EDGAR
  18. May 15, 2026SCHEDULE 13G EDGAR
  19. May 15, 2026SCHEDULE 13G EDGAR
  20. May 14, 202610-Q EDGAR

The 494 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

40 open-market trades by officers, directors and large owners since October 2021: 14 buys and 26 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 1, 2026BOROMISA JEFFREY MDirectorSale25,000$19.58$489.5KForm 4
Jul 13, 2026BOROMISA JEFFREY MDirectorSale25,000$18.14$453.5KForm 4
May 21, 2026LAUDERBACK BRENDA JDirectorSale5,500$15.88$87.3KForm 4
Nov 7, 2025Boyle JackDirectorBuy6,250$15.77$98.6KForm 4
Nov 7, 2025Long Nicholas T.DirectorBuy2,000$15.88$31.8KForm 4
Nov 7, 2025Price DeMontyDirectorBuy25,000$15.77$394.2KForm 4
Nov 3, 2025Klimek Amy M.Chief Human Resources OfficerSale11,528$22.32$257.3KForm 4
Aug 29, 2025Latchana David AChief Legal OfficerSale5,000$32.16$160.8KForm 4
Aug 28, 2025Hufnagel ChristopherPresident and CEOSale32,294$31.91$1.0MForm 4
Aug 28, 2025Long Nicholas T.DirectorSale12,854$31.84$409.3KForm 4
Aug 27, 2025LAUDERBACK BRENDA JDirectorSale12,854$32.14$413.1KForm 4
Aug 18, 2025Klimek Amy M.Chief Human Resources OfficerSale38,676$28.41$1.1MForm 4
Aug 8, 2025GERBER WILLIAM KDirectorSale12,854$27.33$351.3KForm 4
Aug 8, 2025Price DeMontyDirectorBuy15,000$27.19$407.9KForm 4
May 12, 2025LAUDERBACK BRENDA JDirectorSale6,500$16.67$108.4KForm 4
Feb 27, 2025Hufnagel ChristopherPresident and CEOBuy20,000$14.77$295.4KForm 4
Feb 21, 2025Miller Taryn LChief Financial OfficerBuy6,600$15.29$100.9KForm 4
Feb 21, 2025Price DeMontyDirectorBuy35,000$15.30$535.5KForm 4
Nov 25, 2024Soriano IsabelPresident, International GroupSale7,687$23.57$181.2KForm 4
Nov 12, 2024Klimek Amy M.Chief Human Resources OfficerSale24,000$22.07$529.7KForm 4

All 40 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.12,394,285$204.9M0.0%+227,768
Fmr LLC12,298,377$203.3M0.0%+101,050
Earnest Partners LLC5,326,081$88.0M0.3%+1,805,317
Vanguard Portfolio Management LLC5,141,118$85.0M0.0%+323,686
Callodine Capital Management, LP4,882,318$80.7M5.3%+377,153
Wellington Management Group Llp4,528,278$74.9M0.0%+146,791
Vanguard Capital Management LLC3,634,336$60.1M0.0%+58,780
State Street Corp3,221,227$53.2M0.0%+133,871
Dimensional Fund Advisors LP2,155,517$35.6M0.0%+357,940
Geode Capital Management, LLC2,075,965$34.3M0.0%+124,325
Qube Research & Technologies Ltd1,687,837$27.9M0.0%+113,850
Massachusetts Financial Services Co /ma/1,529,348$25.3M0.0%+163,786
Charles Schwab Investment Management Inc1,283,290$21.2M0.0%−12,299
Morgan Stanley1,236,129$20.4M0.0%−301,778
Hennessy Advisors Inc1,142,400$18.9M0.6%No change
UBS Group AG1,124,202$18.6M0.0%−265,793
Citadel Advisors LLC1,012,410$16.7M0.0%−84,102
Northern Trust Corp971,153$16.1M0.0%+60,573
Federated Hermes, Inc.947,677$15.7M0.0%+207,913
Jupiter Asset Management Ltd872,888$14.4M0.1%−93,036
Bank of New York Mellon Corp820,166$13.6M0.0%+16,805
Aristotle Capital Boston, LLC742,945$12.3M0.8%−145,681
Manning & Napier Advisors LLC700,000$11.6M0.1%+100,423
Renaissance Technologies LLC617,900$10.2M0.0%+83,855
Vanguard Fiduciary Trust Co578,699$9.6M0.0%+7,310

13F reports cover disclosed long positions in U.S. stocks only.

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63
  64. 64
  65. 65
  66. 66
  67. 67
  68. 68
  69. 69
  70. 70
  71. 71
  72. 72
  73. 73
  74. 74
  75. 75
  76. 76
  77. 77
  78. 78
  79. 79
  80. 80
  81. 81
  82. 82
  83. 83
  84. 84
  85. 85
  86. 86
  87. 87
  88. 88
  89. 89
  90. 90
  91. 91
  92. 92