WWW Q3 2023 Earnings — Wolverine World Wide, Inc. Revenue & Financial Results | Market Cap Arena

WWWWolverine World Wide, Inc.

$1B

Q3 2023 Earnings

Consumer Cyclical Apparel - Footwear & Accessories

Income Statement

Revenue

$528M-23.7% YoY

Gross Profit

$215M40.8% margin

Operating Income

$27M5.2% margin

Net Income

$9M1.6% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

-10.4%

Cash Flow

Operating Cash Flow

-$39M

Free Cash Flow

-$43M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$1.9B

Stockholders' Equity

$342M

Cash & Equivalents

$160M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$528M	$691M	-23.7%
Gross Profit	$215M	$278M	-22.5%
Operating Income	$27M	$59M	-53.6%
Net Income	$9M	$39M	-77.9%

Revenue Segments

Active Group

$329M62%

Work Group

$123M23%

Lifestyle Group

$63M12%

Other Segments

$13M3%