WWWWolverine World Wide, Inc.

$1B

Q4 2021 Earnings

Consumer Cyclical Apparel - Footwear & Accessories

Income Statement

Revenue

$636M+24.7% YoY

Gross Profit

$262M41.3% margin

Operating Income

-$9M-1.4% margin

Net Income

-$15M-2.3% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

-0.2%

Cash Flow

Operating Cash Flow

$70M

Free Cash Flow

$62M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$1.9B

Stockholders' Equity

$630M

Cash & Equivalents

$162M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$636M	$510M	+24.7%
Gross Profit	$262M	$205M	+28.3%
Operating Income	-$9M	-$204M	+95.7%
Net Income	-$15M	-$171M	+91.4%

Revenue Segments

Wolverine Michigan Group

$322M51%

Wolverine Boston Group

$218M34%

Other Segments

$96M15%

WWW Q4 2021 Earnings — Wolverine World Wide, Inc. Revenue & Financial Results | Market Cap Arena