WWW Q3 2022 Earnings — Wolverine World Wide, Inc. Revenue & Financial Results | Market Cap Arena

WWWWolverine World Wide, Inc.

$1B

Q3 2022 Earnings

Consumer Cyclical Apparel - Footwear & Accessories

Income Statement

Revenue

$691M+8.6% YoY

Gross Profit

$278M40.2% margin

Operating Income

$59M8.5% margin

Net Income

$39M5.6% margin

EPS (Diluted)

$0.48

QoQ Revenue Growth

-3.1%

Cash Flow

Operating Cash Flow

-$242M

Free Cash Flow

-$250M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$2.5B

Stockholders' Equity

$657M

Cash & Equivalents

$136M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$691M	$637M	+8.6%
Gross Profit	$278M	$275M	+1.1%
Operating Income	$59M	$43M	+38.4%
Net Income	$39M	$0	—

Revenue Segments

Wolverine Michigan Group

$390M56%

Wolverine Boston Group

$248M36%

Other Segments

$54M8%