Latest news with #WWW
Yahoo
21-07-2025
- Business
- Yahoo
Will Wolverine (WWW) Beat Estimates Again in Its Next Earnings Report?
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Wolverine World Wide (WWW), which belongs to the Zacks Shoes and Retail Apparel industry. When looking at the last two reports, this footwear maker has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 33.04%, on average, in the last two quarters. For the most recent quarter, Wolverine was expected to post earnings of $0.18 per share, but it reported $0.11 per share instead, representing a surprise of 63.64%. For the previous quarter, the consensus estimate was $0.41 per share, while it actually produced $0.42 per share, a surprise of 2.44%. Price and EPS Surprise With this earnings history in mind, recent estimates have been moving higher for Wolverine. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Wolverine currently has an Earnings ESP of +5.75%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #2 (Buy) indicates that another beat is possibly around the corner. With the Earnings ESP metric, it's important to note that a negative value reduces its predictive power; however, a negative Earnings ESP does not indicate an earnings miss. Many companies end up beating the consensus EPS estimate, but that may not be the sole basis for their stocks moving higher. On the other hand, some stocks may hold their ground even if they end up missing the consensus estimate. Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Wolverine World Wide, Inc. (WWW) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
10-07-2025
- Business
- Yahoo
How is Wolverine Repositioning for Sustained Margin Strength in 2025?
Wolverine World Wide, Inc. WWW began fiscal 2025 with strong momentum, highlighted by a record gross margin and clear progress on operational efficiency. In the first quarter, adjusted gross profit rose 7.3% year over year to $194.8 translated into an adjusted gross margin of 47.3%, an 80-basis-point increase from the prior year. The improvement was driven by a more favorable sales mix, reduced promotional activity and meaningful benefits from supply-chain cost-saving gains were broad-based but particularly notable in the company's largest and most strategically important brands. Saucony and Merrell posted strong growth, supported by higher average selling prices and a healthier full-price sales mix. Additionally, despite a planned revenue decline, Sweaty Betty delivered a significant 1,000-basis-point improvement in the gross margin. This reflected the brand's shift away from promotions and toward premium, full-price positioning, reinforcing the company's emphasis on profitability over income also improved on the back of stronger top-line results and tight expense control. The adjusted operating margin increased by 100 basis points to 6%, supported by improved cost leverage and enhanced operational discipline. Management noted that brand momentum, inventory efficiency and strategic pricing all contributed to the expects to build on this foundation, projecting an adjusted operating margin of 7.2% in the second quarter, representing a 90-basis-point improvement over the prior company continues to take proactive steps to mitigate cost pressures, including tariff-related headwinds. Wolverine has strategically diversified its sourcing footprint over the past several years, reducing its reliance on China to less than 10% of U.S.-bound production. This approach has strengthened the company's ability to respond quickly and effectively to global trade volatility. Complementing this, selective price increases across key brands and categories were implemented to help preserve margins while remaining disciplined execution, brand strength and operational flexibility, Wolverine is on track to sustain its profitability gains. The record adjusted gross margin and improving operating performance reflect a well-calibrated strategy that balances cost control, brand investment and long-term growth, setting the stage for continued success in 2025. In the past three months, the WWW stock has gained 75.9% as compared with the Zacks Shoes and Retail Apparel industry's 31.4% growth. The company also outperformed the broader Zacks Consumer Discretionary sector and the S&P 500 index's growth of 25.8% and 15.9%, respectively, during the same period. Image Source: Zacks Investment Research This Zacks Rank #3 (Hold) company has demonstrated strong upward momentum, trading above its 50 and 200-day simple moving averages (SMAs). The company ended yesterday's trading session at $19.44, above its 50 and 200-day SMAs of $16.91 and $17.64, respectively, highlighting a continued uptrend. Image Source: Zacks Investment Research From a valuation standpoint, WWW trades at a forward price-to-sales ratio of 0.84X, below the industry's average of 2.01X. It has a Value Score of C. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Wolverine's current financial-year sales and earnings per share implies year-over-year growth of 3.6% and 15.4%, respectively. Image Source: Zacks Investment Research Some better-ranked stocks are Canada Goose GOOS, Stitch Fix SFIX and Allbirds Inc. Goose is a global outerwear brand. GOOS is a designer, manufacturer, distributor and retailer of premium outerwear for men, women and children. It flaunts a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks Zacks Consensus Estimate for Canada Goose's current fiscal year's earnings and sales indicates growth of 10% and 2.9%, respectively, from the year-ago actuals. Canada Goose delivered a trailing four-quarter average earnings surprise of 57.2%.Stitch Fix delivers customized shipments of apparel, shoes and accessories for women, men and kids. It currently carries a Zacks Rank #2 (Buy). The Zacks Consensus Estimate for Stitch Fix's current fiscal year's earnings implies growth of 71.7% from the year-ago actuals. SFIX delivered a trailing four-quarter average earnings surprise of 51.4%.Allbirds is a lifestyle brand that uses naturally derived materials to make footwear and apparel products. It presently carries a Zacks Rank of Zacks Consensus Estimate for BIRD's current financial-year earnings implies growth of 16.1% from the year-ago actual. The company delivered a trailing four-quarter average earnings surprise of 21.3%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Wolverine World Wide, Inc. (WWW) : Free Stock Analysis Report Canada Goose Holdings Inc. (GOOS) : Free Stock Analysis Report Stitch Fix, Inc. (SFIX) : Free Stock Analysis Report Allbirds, Inc. (BIRD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
01-06-2025
- Entertainment
- Time of India
WWE releases R-Truth after his contract expiration in his second tryst with the company
R-Truth (Image via WWE) WWE has released yet another star from the company, as revealed by R-Truth aka Ron Killings. The 53-year-old veteran was seen in a high-profile match against John Cena recently at the Saturday Night Main Event show, which he lost. He made another appearance after that on SmackDown, where he faced another loss at the hands of JC Mateo. And now, on June 1, 2025, he took to his social media account to inform everyone of his departure from the promotion. R-Truth announces his departure from WWE Seeing his "childhood hero" turn heel and getting to fight against him on the big stage was probably one of the best ways for R-Truth to say goodbye to the squared ring at WWE. He took to his X (formerly Twitter) account to reveal the news of his exit from the company. They had previously let him know that WWW would not be renewing his contract upon it expiring, which was his second tryst with the company. He thanked the company and his fans, "who was along for the ride," and "the love, support, and appreciation" he has gotten from everyone over the years. While it is sad indeed that Killings would be leaving the Stamford-based promotion after so many years, given that his "childhood hero" is currently on his "Farewell Tour," this is probably the best time for him to leave the company as well. Or at least something that he wants. Rhea Ripley comments on this "heartbreaking" news Rhea Ripley , one of the biggest stars in the company's current roster, is right there with the fans, who are understandably sad to see R-Truth leave. She left a sweet comment under Killings' post on X, sharing the fans' heartbreak over the recent revelation. She also thanked the wrestler, who has always been one of the biggest spots of fun and laughter within the company. She is not the only one; many other wrestling stars from different promotions have taken to their social media to thank R-Truth for everything he brought to the table. From Kelani Jordan, who is an NXT superstar, to fellow SmackDown star Carmelo Hayeys to AEW's RICOCHET, many have shared their thoughts on R-Truth after his exit was made public. Fans have also been thanking the WWE superstar for being one of the best parts of the company. Also Read: WWE couple Liv Morgan and Dominik Mysterio spark PDA buzz at Netflix event
Yahoo
24-04-2025
- Business
- Yahoo
1 Profitable Stock on Our Watchlist and 2 to Brush Off
While profitability is essential, it doesn't guarantee long-term success. Some companies that rest on their margins will lose ground as competition intensifies - as Jeff Bezos said, "Your margin is my opportunity". Profits are valuable, but they're not everything. At StockStory, we help you identify the companies that have real staying power. Keeping that in mind, here is one profitable company that balances growth and profitability and two best left off your watchlist. Trailing 12-Month GAAP Operating Margin: 5.8% Founded in 1883, Wolverine Worldwide (NYSE:WWW) is a global footwear company with a diverse portfolio of brands including Merrell, Hush Puppies, and Saucony. Why Do We Avoid WWW? Annual revenue declines of 5% over the last five years indicate problems with its market positioning Earnings per share decreased by more than its revenue over the last five years, showing each sale was less profitable Negative returns on capital show that some of its growth strategies have backfired At $12.24 per share, Wolverine Worldwide trades at 9.2x forward price-to-earnings. If you're considering WWW for your portfolio, see our FREE research report to learn more. Trailing 12-Month GAAP Operating Margin: 16.7% Based in Connecticut, Crane (NYSE:CR) is a diversified manufacturer of engineered industrial products, including fluid handling, and aerospace technologies. Why Do We Pass on CR? Core business is underperforming as its organic revenue has disappointed over the past two years, suggesting it might need acquisitions to stimulate growth Projected sales growth of 6.5% for the next 12 months suggests sluggish demand Earnings per share have contracted by 4.1% annually over the last five years, a headwind for returns as stock prices often echo long-term EPS performance Crane's stock price of $141.52 implies a valuation ratio of 25.5x forward price-to-earnings. To fully understand why you should be careful with CR, check out our full research report (it's free). Trailing 12-Month GAAP Operating Margin: 6.5% Serving the pharmaceutical, industrial manufacturing, energy, and chemical process industries, Transcat (NASDAQ:TRNS) provides measurement instruments and supplies. Why Is TRNS on Our Radar? Annual revenue growth of 10.1% over the last two years beat the sector average and underscores the unique value of its offerings Projected revenue growth of 10.6% for the next 12 months suggests its momentum from the last two years will persist Earnings growth has trumped its peers over the last five years as its EPS has compounded at 17.1% annually Transcat is trading at $82.99 per share, or 32.6x forward price-to-earnings. Is now a good time to buy? Find out in our full research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like Comfort Systems (+751% five-year return). Find your next big winner with StockStory today for free.
Yahoo
05-02-2025
- Politics
- Yahoo
WWE facing another major lawsuit as infamous 'Ring Boys' scandal case allowed to proceed
The 'Ring Boys' lawsuit being brought against the WWE and its co-founders, President Donald Trump's Education Secretary nominee Linda McMahon and her husband Vince McMahon, is set to resume. The civil lawsuit, which claims the McMahons knowingly enabled the sexual exploitation of children by a longtime WWW employee, was subject to a temporary pause in the Maryland Supreme Court's ruling over the Child Victims Act. On Monday, justices voted four-three to preserve the act, eliminating the statute of limitations for victims of child sexual abuse to sue their alleged abusers. The McMahon family denies all allegations. The court's decision comes as Linda McMahon awaits her Senate confirmation hearing for Secretary of Education. Trump, who wants to dismantle the Department of Education, recently claimed McMahon should eventually 'put herself out of a job.' It means the lawsuit filed in Baltimore County on October 23 on behalf of five anonymous ex-ring boys, young employees tasked with building the wrestling ring before events, accusing the McMahons and the WWE of negligence for allegedly fostering a culture of sexual abuse can go ahead. DiCello Levitt, the law firm representing the victims, said additional ex-ring boys have since joined the suit, according to Fox Sports. Per the complaint, the WWE co-founders looked the other way for years after allegedly learning of a longtime ringside announcer preying on minors. Melvin Phillips, who died in 2012, is accused of targeting boys – as young as 12 or 13 years old – from disadvantaged backgrounds and hiring them to help with the preparations for wrestling matches, according to the filing. The lawsuit alleges that between the late 1980s and early 1990s, Phillips would assault the ring boys in his dressing room, hotels and the wrestlers' locker room. Because of his death, Phillips is not among the named defendants. Instead, the complaint targets the WWE, its co-founders and parent company TKO Holdings. 'That so many were aware of the sexual abuse of the Ring Boys and did nothing to prevent or stop it is simply unconscionable,' Greg Gutzler, an attorney from DiCello Levitt who represents the five unnamed plaintiffs, told The Independent in October. McMahon's attorney Laura Brevetti told CNN in November that the the ring boy lawsuit is 'baseless'. 'Ms. McMahon will vigorously defend against this baseless lawsuit and without doubt ultimately succeed,' Brevetti said. Another blockbuster lawsuit against the WWE and Vince McMahon by former employee Janel Grant also advanced in recent days after it was amended to include the name of a former WWE champion Brock Lesnar. In the 104-page lawsuit, Grant now alleges that she was offered to Lesnar 'for a sexual encounter' during his contract negotiations with the WWE. In addition, Grant alleges that she was told to send sexual content to the former WWE champion. The lawsuit was submitted to the U.S. District Court in Connecticut. Grant alleges that the WWE was negligent in allowing McMahon's behavior to go on unchecked. One of the men previously named in the lawsuit, John Laurinaitis, claims that he too was a victim of McMahon. Another WWE legend, Michael Hayes, is also named in the new filing with Grant alleging that McMahon told her to make pornographic content for him. At the time, Hayes worked as part of the wrestling company's creative team. The Independent has contacted the WWE and Brevetti, Linda McMahon's lawyer, for more information.
