WWW Q4 2023 Earnings — Wolverine World Wide, Inc. Revenue & Financial Results | Market Cap Arena

WWWWolverine World Wide, Inc.

$1B

Q4 2023 Earnings

Consumer Cyclical Apparel - Footwear & Accessories

Income Statement

Revenue

$527M-20.8% YoY

Gross Profit

$193M36.6% margin

Operating Income

-$187M-35.5% margin

Net Income

-$91M-17.3% margin

EPS (Diluted)

$-1.15

QoQ Revenue Growth

-0.2%

Cash Flow

Operating Cash Flow

$115M

Free Cash Flow

$119M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.8B

Stockholders' Equity

$279M

Cash & Equivalents

$179M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$527M	$665M	-20.8%
Gross Profit	$193M	$224M	-13.9%
Operating Income	-$187M	-$455M	+58.9%
Net Income	-$91M	-$362M	+74.8%

Revenue Segments

Active Group

$341M46%

Other Segments

$283M38%

Work Group

$125M17%