WWW Q1 2023 Earnings — Wolverine World Wide, Inc. Revenue & Financial Results | Market Cap Arena

WWWWolverine World Wide, Inc.

$1B

Q1 2023 Earnings

Consumer Cyclical Apparel - Footwear & Accessories

Income Statement

Revenue

$599M-2.5% YoY

Gross Profit

$236M39.4% margin

Operating Income

$45M7.6% margin

Net Income

$19M3.2% margin

EPS (Diluted)

$0.23

QoQ Revenue Growth

-9.9%

Cash Flow

Operating Cash Flow

-$98M

Free Cash Flow

-$105M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$2.1B

Stockholders' Equity

$327M

Cash & Equivalents

$116M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$599M	$615M	-2.5%
Gross Profit	$236M	$261M	-9.6%
Operating Income	$45M	$20M	+131.1%
Net Income	$19M	$10M	+95.9%

Revenue Segments

Active Group

$386M64%

Work Group

$115M19%

Lifestyle Group

$85M14%

Other Segments

$14M2%