WWW Q2 2022 Earnings — Wolverine World Wide, Inc. Revenue & Financial Results | Market Cap Arena

WWWWolverine World Wide, Inc.

$1B

Q2 2022 Earnings

Consumer Cyclical Apparel - Footwear & Accessories

Income Statement

Revenue

$714M+12.9% YoY

Gross Profit

$307M43.0% margin

Operating Income

$168M23.5% margin

Net Income

$125M17.5% margin

EPS (Diluted)

$1.53

QoQ Revenue Growth

+16.1%

Cash Flow

Operating Cash Flow

-$155M

Free Cash Flow

-$164M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$2.3B

Stockholders' Equity

$644M

Cash & Equivalents

$149M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$714M	$632M	+12.9%
Gross Profit	$307M	$270M	+13.6%
Operating Income	$168M	$64M	+163.2%
Net Income	$125M	$45M	+178.7%

Revenue Segments

Wolverine Michigan Group

$390M55%

Wolverine Boston Group

$254M36%

Other Segments

$70M10%