WOLVERINE WORLD WIDE, INC.
Income Statement
| Line Item | FY2026 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.87B | $1.76B | $2.24B | $2.68B | $1.79B | $2.27B | $2.24B | $2.35B |
| Cost of Revenue | $987.6M | $977.0M | $1.37B | $1.61B | $1.06B | $1.35B | $1.32B | $1.43B |
| Gross Profit | $886.7M | $778.0M | $873.9M | $1.07B | $735.6M | $923.8M | $921.3M | $914.4M |
| Gross Margin | 47.3% | 44.3% | 39.0% | 39.9% | 41.1% | 40.6% | 41.1% | 38.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $729.9M | $690.0M | $856.2M | $906.4M | $639.4M | $669.3M | $654.1M | $706.0M |
| Operating Income | $150.2M | $97.5M | $-66.8M | $-208.4M | $-137.1M | $171.0M | $251.9M | $31.6M |
| Operating Margin | 8.0% | 5.6% | -3.0% | -7.8% | -7.7% | 7.5% | 11.2% | 1.3% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $121.5M | $58.1M | $-132.8M | $-252.9M | $-184.1M | $145.9M | $227.4M | $-10.6M |
| Income Tax Expense | $20.5M | $9.3M | $-94.7M | $-63.8M | $-45.5M | $17.0M | $27.1M | $-9.9M |
| Net Income | $95.8M | $45.2M | $-38.5M | $-188.3M | $-136.9M | $128.5M | $200.1M | $300.0K |
| Net Margin | 5.1% | 2.6% | -1.7% | -7.0% | -7.6% | 5.7% | 8.9% | 0.0% |
| EPS (Basic) | $1.14 | $0.55 | $-0.49 | $-2.37 | $-1.70 | $1.48 | $2.07 | $0.00 |
| EPS (Diluted) | $1.14 | $0.55 | $-0.49 | $-2.37 | $-1.70 | $1.44 | $2.05 | $0.00 |
| Shares Outstanding (Basic) | — | — | 79.4M | 79.7M | 81.0M | 85.1M | 93.0M | 93.7M |
| Shares Outstanding (Diluted) | 81.7M | 80.0M | 79.4M | 79.7M | 81.0M | 87.2M | 95.0M | 95.4M |
| Dividends Per Share | $0.40 | $0.40 | $0.40 | $0.40 | $0.40 | $0.40 | $0.32 | $0.24 |