Wolverine World Wide
WWW on NYSE. Wolverine World Wide sells shoes and apparel to people worldwide. Market value $1.6bn.
Price checks use the past 12 months to June 2026. Quality checks use five annual reports, the latest for the year to December 2025.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
See Retail & consumer stocks that passed both tests
This is not advice. Check the numbers below.
For every $100 of what the whole company costs, it produced $11.26 of spare cash in the past 12 months. A savings account pays about $4.
You pay 11.8 years of operating profit for the business. The average large US company costs around 18.
Each dollar kept in the business earns 9 cents a year. Above 10 is good.
Quality score: 53 of 100. Price score: 100 of 100. Our list needs 70 on quality and 60 on price.
$18.94 a share, 41% above its 1-year low
Over the past year the price has ranged from $13.47 to $27.73.
Dividend: 2.1% a year
Paid every year for at least 5 years
Prices from Monday’s close (5 October).
Five years of cash, in billions
| Revenue | |||||
| Revenue | $2.4bn | $2.7bn | $2.2bn | $1.8bn | $1.9bn |
| Operating margin | |||||
| Operating margin | 6.4% | -7.8% | -3.0% | 5.6% | 8.0% |
| Debt to equity | |||||
| Debt to equity | 1.54 | 3.61 | 3.31 | 2.07 | 1.52 |
| Shares outstanding | |||||
| Shares outstanding | 0.08bn | 0.08bn | 0.08bn | 0.08bn | 0.08bn |
Health checks
- Free cash flow positive4 of 5 years
- Accounting looks honest (Beneish)Nothing unusual
- Financial strength (Piotroski)8 of 8 checks we could run
- Profit backed by cash (accruals)Yes
- Debt1.52× equity
- Revenue growth, five yearsSlow, 0.9% a year
- Buying back its own sharesRoughly flat
The quarter to June 2026
How the business did, compared with the same quarter a year earlier.
- Sales: $506 million last quarter, up 7% on a year ago.
- Profit: $31 million, up 16% on a year ago.
- It keeps 9 cents of each $1 of sales as operating profit, up from 7 cents a year earlier.
- Spare cash over the past 12 months: $175 million, up from $128 million.
- Debt is $443 million more than cash, down from $568 million a year ago.
- Sales grew on a year ago in each of the last 4 quarters.
| Quarter to | Amount |
|---|---|
| September 2024 | $440m |
| December 2024 | $495m |
| March 2025 | $412m |
| June 2025 | $474m |
| September 2025 | $470m |
| December 2025 | $518m |
| March 2026 | $458m |
| June 2026 | $506m |
| Quarter to | Amount |
|---|---|
| September 2024 | $23m |
| December 2024 | Not reported |
| March 2025 | $12m |
| June 2025 | $27m |
| September 2025 | $25m |
| December 2025 | $32m |
| March 2026 | $20m |
| June 2026 | $31m |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 27 February 2026
- Next quarterly (estimated, 10-Q)
- 12 November 2026
Who owns it
2 long-term investors we follow own it, down from 3 last quarter. 240 funds in all.
- GAMCO InvestorsMario Gabelli
- Value
- $2m
- Share of fund
- <0.1%
- Gotham Asset ManagementJoel Greenblatt
- Value
- $1m
- Share of fund
- <0.1%
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| GAMCO InvestorsMario Gabelli | $2m | <0.1% | |
| Gotham Asset ManagementJoel Greenblatt | $1m | <0.1% |
Sold out this quarter
- Barrow HanleyBarrow Hanley teamSold out
Largest holders overall
- BlackRock$205m
- FMR$203m
- Earnest Partners$88mAdded
- Vanguard Portfolio Management$85mAdded
- Callodine Capital Management, LP$81mAdded
- Wellington Management Group LLP$75mAdded
- Vanguard Capital Management$60m
- State Street$53mAdded
- Dimensional Fund Advisors LP$36mAdded
- Geode Capital Management$34mAdded
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
7 investors own more than 5%.
- FMR LLCPassive investorat least 14.8%+2.2 pts(filed with 1 related holder)Since 31 December 2025
- BlackRock, Inc.Passive investor14.7%Since 31 March 2025
- EARNEST PARTNERS LLCPassive investor6.5%+1.5 ptsSince 30 June 2026
- Vanguard Portfolio ManagementPassive investor6.0%Since 31 March 2026
- Callodine Capital Management, LPPassive investorat least 6.0%+2.6 pts(filed with 1 related holder)Since 31 March 2026
- Wellington Management Group LLPPassive investorat least 5.3%(filed with 2 related holders)Since 31 March 2026
- Vanguard Capital ManagementPassive investor5.1%Since 31 March 2026
- Point72 Asset Management, L.P.Passive investorSold down below 5%Since 31 December 2025
- The Vanguard GroupPassive investorSold down below 5%Since 13 March 2026
| Holder | Stake | Since | |
|---|---|---|---|
FMR LLC Passive investor | at least 14.8%+2.2 pts (filed with 1 related holder) | 31 December 2025 | |
BlackRock, Inc. Passive investor | 14.7% | 31 March 2025 | |
EARNEST PARTNERS LLC Passive investor | 6.5%+1.5 pts | 30 June 2026 | |
Vanguard Portfolio Management Passive investor | 6.0% | 31 March 2026 | |
Callodine Capital Management, LP Passive investor | at least 6.0%+2.6 pts (filed with 1 related holder) | 31 March 2026 | |
Wellington Management Group LLP Passive investor | at least 5.3% (filed with 2 related holders) | 31 March 2026 | |
Vanguard Capital Management Passive investor | 5.1% | 31 March 2026 | |
Point72 Asset Management, L.P. Passive investor | Sold down below 5% | 31 December 2025 | |
The Vanguard Group Passive investor | Sold down below 5% | 13 March 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
In the last 12 months, 3 insiders bought $524,573 of shares on the open market. 3 sold $1m.
- BOROMISA JEFFREY MDirectorSold
- Date
- 1 September 2026
- Shares
- 25,000
- Price
- $19.58
- Value
- $489,500
- BOROMISA JEFFREY MDirectorSold
- Date
- 13 July 2026
- Shares
- 25,000
- Price
- $18.14
- Value
- $453,500
- LAUDERBACK BRENDA JDirectorSold
- Date
- 21 May 2026
- Shares
- 5,500
- Price
- $15.88
- Value
- $87,340
- Boyle JackDirectorBought
- Date
- 7 November 2025
- Shares
- 6,250
- Price
- $15.77
- Value
- $98,563
- Long Nicholas T.DirectorBought
- Date
- 7 November 2025
- Shares
- 2,000
- Price
- $15.88
- Value
- $31,760
- Price DeMontyDirectorBought
- Date
- 7 November 2025
- Shares
- 25,000
- Price
- $15.77
- Value
- $394,250
- Klimek Amy M.Chief Human Resources OfficerSold
- Date
- 3 November 2025
- Shares
- 11,528
- Price
- $22.32
- Value
- $257,305
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 1 September 2026 | BOROMISA JEFFREY M Director | Sold | 25,000 | $19.58 | $489,500 |
| 13 July 2026 | BOROMISA JEFFREY M Director | Sold | 25,000 | $18.14 | $453,500 |
| 21 May 2026 | LAUDERBACK BRENDA J Director | Sold | 5,500 | $15.88 | $87,340 |
| 7 November 2025 | Boyle Jack Director | Bought | 6,250 | $15.77 | $98,563 |
| 7 November 2025 | Long Nicholas T. Director | Bought | 2,000 | $15.88 | $31,760 |
| 7 November 2025 | Price DeMonty Director | Bought | 25,000 | $15.77 | $394,250 |
| 3 November 2025 | Klimek Amy M. Chief Human Resources Officer | Sold | 11,528 | $22.32 | $257,305 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
What could go wrong
- Sales have barely grown: 0.9% a year.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.