The collection features the iconic ProGrid Omni 9 and kids Shadow 6000s in vibrant colorways and design elements reflective of Jae's signature style ROCKFORD, Mich., Sept. 13, 2024 /PRNewswire/ -- Saucony, a leading global performance running lifestyle brand, today announced that the To-Do List Collection, its third collaboration with Bronx native Jae Tips, will be available globally at Saucony.com beginning September 20. Saucony® and Jae Tips Unveil the 'To-Do List' Collection, Launching Globally on Septem ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? The ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...

Available September 16, Saucony's first-ever footwear collab with Black Girls RUN! is part of multi-year partnership ROCKFORD, Mich., Sept. 5, 2024 /PRNewswire/ -- Saucony, a leading global performance running lifestyle brand, today announced the limited-edition Black Girls RUN! x Saucony Endorphin Speed 4, marking the brand's inaugural footwear collaboration with Black Girls RUN! (BGR!). The Endorphin Speed 4, in the BGR! vibrant colorway, reinforces Saucony's multi-year partnership with BGR! to support th ...

Updates to its most trusted work boot franchise advances Wolverine's commitment to performance comfort. ROCKFORD, Mich., Aug. 28, 2024 /PRNewswire/ -- Wolverine®, the 141-year-old boot and clothing company, is thrilled to introduce the newest addition to the longstanding DuraShocks® franchise with its DuraShocks SR Icon 6" Work Boot. This new offering underscores Wolverine's commitment to supporting the American worker, featuring intentional designs that enhance stability, comfort and safety. Every stitch, ...

Wolverine World Wide (WWW) closed the last trading session at $12.88, gaining 1.5% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $17.33 indicates a 34.6% upside potential. The average comprises six short-term price targets ranging from a low of $14 to a high of $20, with a standard deviation of $2.94. While the lowest estimate indicates an increase of 8.7% from the current price ...

GAPS Wolverine World Wide, Inc. (NYSE:WWW) reported the company's Q2 results on the 7th of August in pre-market hours, beating Wall Street revenue and EPS estimates by a considerable margin. Yet, the stock fell by -7% to the results, seemingly as the brands' sales declines still don't have a near-term end in sight. In my previous article on the stock, "Wolverine World Wide: Sales Improvements Need To Start Showing Soon," I remained at a Hold rating for Wolverine as the turnaround potential was nearly fairly ...

文章核心观点 - 公司在第二季度业绩表现良好,收入和利润均超出预期,但同比仍有所下降 [1][5][6] - 公司正在积极推进转型计划,包括提高消费者导向性、采用全球品牌建设模式等,取得了一定成效 [2][3] - 公司有信心通过持续的努力实现持续增长,为股东创造更好的业绩和回报 [3] 公司财务表现 - 收入为4.252亿美元,超出预期但同比下降27.8% [6] - 直营收入下降14.4%,国际业务下降19.3% [6] - 各业务分部收入均有不同程度下降 [7][8][9] - 品牌收入中,Merrell下降19.2%,Saucony下降28%,Wolverine下降3.1%,Sweaty Betty持平 [10] - 毛利率提升400个基点至43.1%,主要得益于供应链成本下降、促销活动减少等 [11] - 营业费用下降8.2%,占收入比重下降10个基点至36.3% [12] - 现金和现金等价物为1.483亿美元,长期债务5.797亿美元,股东权益2.704亿美元 [13] - 净债务减少2.7亿美元至6.66亿美元,存货下降54.1% [14] 未来展望 - 第三季度收入预计下降11%,但毛利率和利润率有望提升 [16][17] - 全年收入预计下降13.2%-14.2%,毛利率预计提升460个基点至44.5% [18][19] - 营业利润率预计提升350个基点至7.4%,调整后每股收益预计0.75-0.85美元 [20][21] - 计划在2024年底前将存货减少至少7500万美元,净债务减少1.75亿美元 [22] 同行业公司表现 - Gap、Abercrombie & Fitch和Urban Outfitters等公司业绩和前景也较为乐观 [23][24][26][28]

财务数据和关键指标变化 - 第二季度收入为4.248亿美元,超出公司预期约4.1亿美元,主要由于需求趋势和供应链执行的改善 [49] - 毛利率为43.1%,同比增加400个基点,反映了更健康的销售组合、较低的促销活动以及供应链成本举措的收益 [53] - 经调整营业利润率为6.3%,超出预期,得益于收入增长带来的营业成本杠杆 [54] - 经调整每股收益从第一季度的0.05美元提升至0.15美元,去年同期为0.19美元 [54] - 存货下降44%至2.97亿美元,净债务下降约2.7亿美元至6.66亿美元 [55] 各条业务线数据和关键指标变化 - 运动集团收入预计将同比下降中个位数,工作集团收入预计将同比下降高个位数 [60] - 品牌表现与5月份预期一致,可参见公司投资者路演材料 [60] 各个市场数据和关键指标变化 - 英国市场,Saucony.com收入同比增长40% [35] - 日本市场,Merrell在东京开设多家关键门店,表现远超预期 [44] 公司战略和发展方向及行业竞争 - 公司正在转型成为专注于消费者、打造全球品牌的公司 [15][18] - 正在优化产品组合,聚焦有潜力的性能和生活方式品类 [18] - 正在建立消费者洞察、内部创意和公关等新能力 [18] - 正在采取品牌保护措施,优化分销渠道,提升品牌购物体验 [41] - 正在加大对需求创造的投入,提升品牌知名度和亲和力 [20] - 正在引进新的人才,专注于增长和现代品牌建设 [20] 管理层对经营环境和未来前景的评论 - 宏观环境仍然动态,但公司的转型举措正在取得进展,对战略实施充满信心 [12] - 公司正处于转型的关键时期,正在向增长阶段过渡 [22] - 公司品牌拥有巨大潜力,与消费趋势高度吻合 [23][24][25][26][27] - 公司正在努力打造出色的产品、讲述引人入胜的故事,以推动业绩持续改善 [28] 其他重要信息 - 公司已完成Keds、Wolverine Leathers和Sperry业务的剥离 [7] - 公司正在进一步优化存货和减少债务,为未来发展奠定基础 [55][66] - 公司预计2024年收入将下降13.7%,但剔除非经常性因素后下降约4.8% [57][58] - 公司预计2024年毛利率将达到44.5%,创历史新高 [61][62] - 公司预计2024年经调整每股收益将为0.75-0.85美元,包括0.10美元的汇率负面影响 [65] 问答环节重要的提问和回答 问题1 **Jim Duffy 提问** 市场重置是否已经完成,以及与渠道合作伙伴的对话情况 [74][75][76][77] **Chris Hufnagel 回答** 市场重置工作仍在进行,但已取得重大进展,与渠道合作伙伴的关系也在不断改善 [75][76][77] 问题2 **Mauricio Serna 提问** DTC业务的表现情况,以及下半年每股收益的驱动因素 [79][80][81][82] **Chris Hufnagel 和 Taryn Miller 回答** Saucony的DTC业务同比增长21%,整体DTC业务正在改善,下半年每股收益增长主要来自收入增长以及供应链和SG&A成本的改善 [80][81][82] 问题3 **Dana Telsey 提问** 各渠道的表现情况,以及存货水平的变化和未来预期 [86][87][88][89][90][91][92] **Chris Hufnagel 和 Taryn Miller 回答** 美国批发渠道仍面临挑战,但公司正在采取措施优化分销,国际市场表现良好,存货水平正在下降,未来将继续优化 [87][88][89][90][91][92]

Wolverine World Wide (WWW) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this footwear maker would post earnings of $0.05 per share when it actually produced earnings of $0.05, delivering no surprise. Over the last four quarters, the company ...