Wolverine World Wide Stock Net Income

WWW Stock  USD 23.51  0.17  0.72%   
Wolverine World Wide fundamentals help investors to digest information that contributes to Wolverine World's financial success or failures. It also enables traders to predict the movement of Wolverine Stock. The fundamental analysis module provides a way to measure Wolverine World's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Wolverine World stock.
Last ReportedProjected for Next Year
Net Loss-39.2 M-37.2 M
Net Loss-169.5 M-161 M
Net Loss-39.2 M-37.2 M
Net Loss(2.14)(2.03)
Net Income Per E B T 0.67  0.53 
Net Loss is likely to climb to about (37.2 M) in 2024. Net Loss is likely to climb to about (161 M) in 2024.
  
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Wolverine World Wide Company Net Income Analysis

Wolverine World's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Wolverine World Net Income

    
  (39.2 M)  
Most of Wolverine World's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Wolverine World Wide is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Wolverine Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Wolverine World is extremely important. It helps to project a fair market value of Wolverine Stock properly, considering its historical fundamentals such as Net Income. Since Wolverine World's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Wolverine World's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Wolverine World's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Wolverine Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(135.09 Million)

Wolverine World reported Accumulated Other Comprehensive Income of (142.2 Million) in 2023
Based on the recorded statements, Wolverine World Wide reported net income of (39.2 Million). This is 107.68% lower than that of the Textiles, Apparel & Luxury Goods sector and 103.73% lower than that of the Consumer Discretionary industry. The net income for all United States stocks is 106.87% higher than that of the company.

Wolverine Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wolverine World's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Wolverine World could also be used in its relative valuation, which is a method of valuing Wolverine World by comparing valuation metrics of similar companies.
Wolverine World is currently under evaluation in net income category among its peers.

Wolverine World ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Wolverine World's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Wolverine World's managers, analysts, and investors.
Environmental
Governance
Social

Wolverine World Institutional Holders

Institutional Holdings refers to the ownership stake in Wolverine World that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Wolverine World's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Wolverine World's value.
Shares
Morgan Stanley - Brokerage Accounts2024-09-30
1.3 M
Aristotle Capital Boston, Llc2024-09-30
1.3 M
Jacobs Levy Equity Management, Inc.2024-09-30
994.5 K
Bank Of New York Mellon Corp2024-09-30
922.1 K
Northern Trust Corp2024-09-30
894.7 K
Goldman Sachs Group Inc2024-09-30
861 K
Dimensional Fund Advisors, Inc.2024-09-30
855.4 K
New York State Common Retirement Fund2024-09-30
828.3 K
Jennison Associates Llc2024-09-30
630 K
Blackrock Inc2024-06-30
12.2 M
Fmr Inc2024-09-30
11.5 M

Wolverine Fundamentals

About Wolverine World Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Wolverine World Wide's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wolverine World using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wolverine World Wide based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Wolverine Stock Analysis

When running Wolverine World's price analysis, check to measure Wolverine World's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wolverine World is operating at the current time. Most of Wolverine World's value examination focuses on studying past and present price action to predict the probability of Wolverine World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wolverine World's price. Additionally, you may evaluate how the addition of Wolverine World to your portfolios can decrease your overall portfolio volatility.