Professional
Added to YB: 2025-12-11
Pitch date: 2025-09-30
WWW [neutral]
Wolverine World Wide, Inc.
-33.65%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$1.4B
Pitch Price
$27.31
Price Target
N/A
Dividend
2.29%
EV/EBITDA
10.33
P/E
16.32
EV/Sales
1.15
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Platinum International Brands Fund Portfolio Holding: Wolverine World Wide, Inc.
WWW (holding update): New mgmt focusing on key brands, esp Saucony which accelerated 40% YOY growth in latest quarter on retro runner trend & mainstream retail expansion. Only in ~3K doors vs On/Birkenstock at 9-12K. Debt halved in 2yrs, 33% earnings growth expected. Trades 21x PE despite turnaround & growth runway.
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