WWW Q1 2024 Earnings — Wolverine World Wide, Inc. Revenue & Financial Results | Market Cap Arena

WWWWolverine World Wide, Inc.

$1B

Q1 2024 Earnings

Consumer Cyclical Apparel - Footwear & Accessories

Income Statement

Revenue

$395M-34.1% YoY

Gross Profit

$181M45.9% margin

Operating Income

-$3M-0.8% margin

Net Income

-$15M-3.7% margin

EPS (Diluted)

$-0.19

QoQ Revenue Growth

-25.0%

Cash Flow

Operating Cash Flow

-$37M

Free Cash Flow

-$42M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$1.6B

Stockholders' Equity

$253M

Cash & Equivalents

$170M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$395M	$599M	-34.1%
Gross Profit	$181M	$236M	-23.2%
Operating Income	-$3M	$45M	-106.8%
Net Income	-$15M	$19M	-176.3%

Revenue Segments

Active Group

$290M73%

Work Group

$90M23%

Other Segments

$15M4%