Wolverine World Wide Inc. (WWW, Financial) experienced a significant stock movement with a 5.03% increase in price, reaching $16.27 per share. The trading volume reached 1.45089 million shares, with a turnover rate of 1.81% and a fluctuation range of 4.03%. Recent financial reports indicated a revenue of $425 million, a net profit of $13.70 million, earnings per share (EPS) of $0.17, a gross profit of $172 million, and a price-to-earnings ratio (P/E ratio) of -15.48.
Analyst ratings show that out of 10 institutions, 60% recommend buying the stock, while 40% suggest holding, with no sell recommendations. Wolverine World Wide operates in the footwear and accessories industry, which saw an overall decline of 3.04%. Within this sector, Wolverine Group, along with peers like Weiker Shoes and American Rebel Holdings, Inc., demonstrated notable increases. Other stocks such as Forward Industries and Designer Brands Inc. showed high turnover rates of 1727.37%, 3.56%, and 3.27%, respectively. Stocks with significant price fluctuations included American Rebel Holdings Inc., with a 55% change, and Weiker Shoes, with a 15.97% change.
Wolverine World Wide Inc. designs, manufactures, sources, markets, licenses, and distributes branded footwear, apparel, and accessories. Its segments include the Active Group, Work Group, Lifestyle Group, and others. The Active Group, which includes Merrell footwear and apparel, Saucony footwear and apparel, Sweaty Betty activewear, and Chaco footwear, is its largest revenue contributor.
