Wolverine World Wide Inc. (WWW) financial statements: income statement, balance sheet and cash flow
Wolverine World Wide Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jan 3, 2026 · FY), Wolverine World Wide Inc. reported revenue of $1.9B (+6.8% year on year) and net income of $101.0M (+96.1% year on year).
Income statement
Wolverine World Wide Inc. income statement, fiscal years
Line item
Jan 3, 2026 · FY
Dec 28, 2024 · FY
Dec 30, 2023 · FY
Dec 31, 2022 · FY
Revenue
$1.9B
$1.8B
$2.2B
$2.7B
Cost of goods sold
$987.6M
$973.5M
$1.4B
$1.6B
Gross profit
$886.7M
$781.5M
$872.5M
$1.1B
Selling, general and administrative expenses
$729.9M
$690.0M
$856.2M
$906.4M
Gain on sale of businesses, trademarks and long-lived assets
$0
($8.5M)
($90.4M)
($90.0M)
Impairment, Long-Lived Asset, Held-for-Use
$0
$9.3M
$185.3M
—
Environmental and other related costs (income), net of recoveries
$6.6M
($10.3M)
($10.4M)
$33.7M
Operating profit (loss)
$150.2M
$101.0M
($68.2M)
($208.4M)
Interest expense, net
$32.8M
$42.7M
$63.5M
$47.3M
Other expense (income), net
($4.1M)
($3.3M)
$2.5M
($2.8M)
Total other expenses
$28.7M
$39.4M
$66.0M
$44.5M
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total
$121.5M
$61.6M
($134.2M)
($252.9M)
Income tax expense (benefit)
$20.5M
$10.1M
($95.0M)
($63.8M)
Net earnings (loss)
$101.0M
$51.5M
($39.2M)
($189.1M)
Less: net earnings attributable to noncontrolling interests
$5.2M
$3.6M
$400.0K
($800.0K)
Net earnings (loss) attributable to Wolverine World Wide, Inc.
$95.8M
$47.9M
($39.6M)
($188.3M)
Earnings per share - Basic
$1.14
$0.58
-$0.51
-$2.37
Earnings per share - Diluted
$1.14
$0.58
-$0.51
-$2.37
Wolverine World Wide Inc. income statement, quarters
Line item
Jul 4, 2026 · Q2
Apr 4, 2026 · Q1
Sep 27, 2025 · Q3
Jun 28, 2025 · Q2
Revenue
$506.4M
$457.6M
$470.3M
$474.2M
Cost of goods sold
$271.1M
$239.8M
$247.1M
$250.2M
Gross profit
$235.3M
$217.8M
$223.2M
$224.0M
Selling, general and administrative expenses
$187.4M
$182.7M
$183.1M
$182.4M
Environmental and other related costs, net of recoveries
$600.0K
$1.2M
$500.0K
$900.0K
Operating profit
$47.3M
$33.9M
$39.6M
$40.7M
Interest expense, net
$7.1M
$6.5M
$8.1M
$8.5M
Other Nonoperating Income (Expense)
$600.0K
$200.0K
($1.6M)
($1.4M)
Nonoperating Income (Expense), Total
$6.5M
$6.3M
$6.5M
$7.1M
Earnings before income taxes
$40.8M
$27.6M
$33.1M
$33.6M
Income tax expense
$7.9M
$5.2M
$6.8M
$4.6M
Net earnings
$32.9M
$22.4M
$26.3M
$29.0M
Less: net earnings attributable to noncontrolling interests
$1.7M
$2.2M
$1.2M
$2.2M
Net earnings attributable to Wolverine World Wide, Inc.
$31.2M
$20.2M
$25.1M
$26.8M
Basic
$0.37
$0.24
$0.30
$0.32
Diluted
$0.37
$0.24
$0.30
$0.32
Comprehensive income
$37.6M
$20.6M
$19.2M
$37.9M
Less: comprehensive income attributable to noncontrolling interests
$1.9M
$2.2M
$1.3M
$2.8M
Comprehensive income attributable to Wolverine World Wide, Inc.
$35.7M
$18.4M
$17.9M
$35.1M
Cash dividends declared per share
$0.10
$0.10
$0.10
$0.10
Balance sheet
Wolverine World Wide Inc. balance sheet, fiscal years
Accounts Receivable, after Allowance for Credit Loss, Current
$162.1M
$209.4M
$230.8M
$241.7M
Finished products, net
$272.6M
$237.8M
$371.6M
$743.2M
Raw materials and work-in-process, net
$1.6M
$2.8M
$2.0M
$2.0M
Total inventories
$274.2M
$240.6M
$373.6M
$745.2M
Prepaid expenses and other current assets
$86.8M
$86.4M
$81.1M
$79.0M
Total current assets
$729.4M
$688.5M
$1.0B
$1.3B
Property, plant and equipment, net
$80.6M
$89.7M
$96.3M
$136.2M
Lease right-of-use assets
$99.9M
$102.1M
$118.2M
$174.7M
Goodwill
$431.3M
$424.6M
$427.1M
$485.0M
Indefinite-lived intangibles
$180.2M
$173.0M
$174.1M
$274.0M
Amortizable intangibles, net
$29.3M
$31.5M
$34.9M
$67.4M
Deferred Income Tax Assets, Net
$84.1M
$93.7M
$116.4M
$24.5M
Other assets
$74.5M
$65.7M
$70.7M
$65.6M
Total assets
$1.7B
$1.7B
$2.1B
$2.5B
Accounts payable
$174.7M
$200.9M
$206.0M
$272.2M
Accrued salaries and wages
$43.1M
$35.1M
$37.1M
$32.3M
Other accrued liabilities
$193.3M
$183.4M
$252.4M
$322.9M
Lease liabilities
$35.0M
$33.7M
$34.7M
$39.1M
Current maturities of long-term debt
$0
$10.0M
$10.0M
$10.0M
Borrowings under revolving credit agreements
$75.0M
$70.0M
$305.0M
$425.0M
Total current liabilities
$521.1M
$533.1M
$869.4M
$1.1B
Current maturities of long-term debt
$546.7M
$568.0M
$605.8M
$723.0M
Accrued pension liabilities
$56.4M
$71.4M
$78.4M
$72.9M
Deferred income taxes
$28.6M
$29.0M
$26.9M
$35.3M
Lease liabilities, noncurrent
$105.3M
$116.0M
$132.4M
$153.6M
Other liabilities
$28.1M
$34.8M
$49.9M
$58.6M
Common stock – par value $1, authorized 320,000,000 shares; 115,472,632, and 113,721,605 shares issued
115.5M
113.7M
113.0M
112.2M
Additional paid-in capital
$406.8M
$382.7M
$364.0M
$325.4M
Retained earnings
$917.2M
$849.5M
$834.8M
$907.2M
Accumulated other comprehensive loss
($126.4M)
($147.8M)
($142.2M)
($132.9M)
Cost of shares in treasury; 34,285,955, and 33,392,585 shares
-905.1M
-890.8M
-891.0M
-891.3M
Total Wolverine World Wide, Inc. stockholders’ equity
$408.0M
$307.3M
$278.6M
$320.6M
Noncontrolling interest
$15.1M
$9.2M
$21.4M
$18.4M
Total stockholders’ equity
$423.1M
$316.5M
$300.0M
$339.0M
Total liabilities and stockholders’ equity
$1.7B
$1.7B
$2.1B
$2.5B
Wolverine World Wide Inc. balance sheet, quarters
Line item
Jul 4, 2026
Apr 4, 2026
Sep 27, 2025
Jun 28, 2025
Cash and cash equivalents
$158.5M
$119.6M
$133.9M
$141.0M
Accounts receivable, less allowances
$221.1M
$185.5M
$210.8M
$255.4M
Inventory, Net
$269.3M
$280.3M
$292.5M
$316.0M
Prepaid Expense and Other Assets, Current
$87.3M
—
—
—
Total current assets
$736.2M
$672.1M
$716.8M
$801.2M
Property plant and equipment net of accumulated depreciation
$76.7M
$77.8M
$84.8M
$90.6M
Lease right-of-use assets, net
$107.0M
$104.5M
$100.8M
$106.3M
Goodwill
$429.9M
$429.6M
$430.7M
$432.6M
Indefinite-lived intangibles
$179.0M
$178.1M
$179.6M
$181.8M
Amortizable intangibles, net
$27.7M
$28.2M
$30.1M
$31.3M
Deferred Income Tax Assets, Net
$81.7M
$82.4M
$94.4M
$97.2M
Other assets
$68.5M
$67.3M
$69.4M
$67.5M
Total assets
$1.7B
$1.6B
$1.7B
$1.8B
Accounts payable
$189.7M
$138.9M
$149.0M
$228.6M
Accrued salaries and wages
$24.9M
$19.3M
$34.2M
$30.0M
Other accrued liabilities
$169.1M
$153.2M
$185.7M
$206.9M
Lease liabilities
$37.5M
$34.9M
$34.9M
$36.3M
Current maturities of long-term debt
$0
$0
$0
$10.0M
Borrowings under revolving credit agreements
$54.0M
$92.0M
$130.0M
$135.0M
Total current liabilities
$475.2M
$438.3M
$533.8M
$646.8M
Long-term debt, less current maturities
$547.1M
$546.9M
$546.4M
$563.5M
Accrued pension liabilities
$54.1M
$55.3M
$69.0M
$69.8M
Deferred Income Tax Liabilities, Net
$29.0M
$28.6M
$28.4M
$28.6M
Operating Lease, Liability, Noncurrent
$106.8M
$111.3M
$110.8M
$115.7M
Other liabilities
$26.1M
$26.6M
$27.2M
$27.1M
Common Stock, Value, Issued
$116.3M
$116.3M
$115.3M
$114.6M
Additional paid-in capital
$410.0M
$403.8M
$402.4M
$386.4M
Retained earnings
$951.6M
$928.9M
$893.9M
$870.7M
Accumulated other comprehensive loss
($123.7M)
($128.2M)
($144.2M)
($137.0M)
Treasury Stock, Value
($905.0M)
($905.1M)
($890.7M)
($890.7M)
Total Wolverine World Wide, Inc. stockholders’ equity
$449.2M
$415.7M
$376.7M
$344.0M
Noncontrolling interest
$19.2M
$17.3M
$14.3M
$13.0M
Total stockholders’ equity
$468.4M
$433.0M
$391.0M
$357.0M
Total liabilities and stockholders’ equity
$1.7B
$1.6B
$1.7B
$1.8B
Cash flow statement
Wolverine World Wide Inc. cash flow statement, fiscal years
Line item
Jan 3, 2026 · FY
Dec 28, 2024 · FY
Dec 30, 2023 · FY
Dec 31, 2022 · FY
Net earnings (loss)
$101.0M
$51.5M
($39.2M)
($189.1M)
Depreciation and amortization
$25.9M
$26.2M
$35.1M
$34.6M
Deferred income taxes
$8.0M
$21.4M
($95.8M)
($105.7M)
Stock-based compensation expense
$24.4M
$19.1M
$15.2M
$33.4M
Pension and SERP expense
($1.0M)
$200.0K
$700.0K
$9.3M
Impairment of Intangible Assets (Excluding Goodwill)
$0
$9.3M
$185.3M
$428.7M
Environmental and other related costs
($14.5M)
($13.3M)
($55.1M)
($23.0M)
Gain (Loss) on Disposition of Intangible Assets
$0
$8.5M
$90.4M
$90.0M
Other
($12.6M)
($8.4M)
($2.0M)
($2.7M)
Accounts receivable
$54.2M
$16.7M
$2.8M
$84.5M
Inventories
($20.9M)
$127.1M
$286.5M
($428.9M)
Other operating assets
($17.8M)
($5.6M)
($16.8M)
($21.1M)
Accounts payable
($30.0M)
($3.4M)
($65.6M)
$62.6M
Income taxes
$0
($4.3M)
($2.3M)
$2.4M
Other operating liabilities
$23.3M
($47.9M)
($36.6M)
$26.1M
Net cash provided by operating activities
$140.0M
$180.1M
$121.8M
($178.9M)
Additions to property, plant and equipment
($14.5M)
($20.2M)
($14.6M)
($36.5M)
Proceeds from Sales of Assets, Investing Activities
$0
$102.4M
$188.9M
—
Proceeds from Life Insurance Policy
$2.2M
$7.9M
—
$0
Other
($1.6M)
($3.3M)
($2.7M)
$3.9M
Net cash provided by (used in) investing activities
($13.9M)
$86.8M
$171.6M
$54.6M
Repayments of Lines of Credit
$486.0M
$619.0M
$743.0M
$740.0M
Proceeds from Lines of Credit
$491.0M
$384.0M
$623.0M
$940.0M
Cash Received From Borrowings Against Company Owned Life Insurance Policies
$0
$7.0M
$0
$30.5M
Payments on long-term debt
($32.5M)
($39.2M)
($118.3M)
($10.0M)
Payments of debt issuance and debt extinguishment costs
($3.9M)
$0
($900.0K)
$0
Cash dividends paid
($33.3M)
($32.5M)
($32.6M)
($32.8M)
Purchase of common stock for treasury
($14.5M)
$0
$0
($81.3M)
Payments Related to Tax Withholding for Share-based Compensation
$10.7M
$2.6M
$5.8M
$7.7M
Proceeds from the exercise of stock options
12.2M
3.1M
100.0K
1.4M
Contributions from noncontrolling interests
$0
$0
$31.2M
$7.0M
Net cash used in financing activities
($77.7M)
($299.2M)
($246.3M)
$107.1M
Effect of foreign exchange rate changes
$5.8M
($200.0K)
$2.0M
($9.0M)
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation, Total
$54.2M
($32.5M)
$49.1M
($26.2M)
Cash and cash equivalents at beginning of the year
$152.1M
$184.6M
$135.5M
$161.7M
Cash and cash equivalents at end of the year
$206.3M
$152.1M
$184.6M
$135.5M
Interest paid
$33.5M
$44.1M
$63.5M
$43.0M
Net income taxes paid
$11.7M
—
—
—
Income Tax Paid, State and Local, after Refund Received
($200.0K)
—
—
—
Income Tax Paid, Foreign, after Refund Received
$13.9M
—
—
—
Net income taxes paid
$25.4M
$20.0M
$27.0M
$44.3M
Additions to property, plant and equipment not yet paid
$0
$1.3M
$300.0K
$3.3M
Wolverine World Wide Inc. cash flow statement, quarters
Line item
Jul 4, 2026 · YTD
Apr 4, 2026 · Q1
Sep 27, 2025 · YTD
Jun 28, 2025 · YTD
Net earnings
$55.3M
$22.4M
$68.5M
$41.2M
Depreciation and amortization
$10.5M
$5.2M
$20.3M
$12.5M
Deferred income taxes
$300.0K
$200.0K
$200.0K
($100.0K)
Stock-based compensation expense
$12.4M
$5.8M
$18.4M
$12.6M
Pension Expense (Reversal of Expense), Noncash
$0
$0
($500.0K)
($300.0K)
Environmental and other related costs, net of cash payments
($4.0M)
($1.9M)
($8.3M)
($6.8M)
Other Noncash Income (Expense)
($5.0M)
$300.0K
($7.4M)
($5.1M)
Increase (Decrease) in Accounts Receivable
($57.2M)
($21.4M)
$5.3M
($38.0M)
Increase (Decrease) in Inventories
$3.9M
($7.6M)
($41.9M)
($68.3M)
Increase (Decrease) in Other Operating Assets
$4.3M
$4.3M
($4.9M)
($8.7M)
Accounts payable
$14.4M
($35.5M)
($55.2M)
$22.1M
Other operating liabilities
($31.5M)
($55.0M)
($500.0K)
($500.0K)
Net cash provided by (used in) operating activities
$3.4M
($83.2M)
($6.2M)
($39.2M)
Payments to Acquire Property, Plant, and Equipment
($4.1M)
($1.7M)
($13.9M)
($11.0M)
Payment for (Proceeds from) Other Investing Activity