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Wolverine World Wide WWW Corporate — Operating Expenses

Other segment segments

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$113M+10.7%
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$22.2M+11.0%
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$1.9M-5.0%

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Other financials

Income statement

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Revenue$457.6M+11.0%
Gross profit$217.8M+11.1%
Operating income$33.9M+61.4%
Net income$20.2M+66.9%
EPS (diluted)$0.24+60.0%

Balance sheet

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Cash & equivalents$119.6M+12.3%
Total debt$785.1M-9.8%
Total equity$415.7M+31.1%
Total assets$1.6B-3.0%

Cash flow

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Operating cash flow-$83.2M+0.7%
CapEx$1.7M-77.6%
Free cash flow-$84.9M+7.1%

Valuation

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Market cap$1.55B-28.6%
Enterprise value$2.22B-23.6%
P/E14.9×-10.6×
P/S0.8×-0.4×

Profitability

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Gross margin47.3%+2.6pp
Operating margin8.5%+1.6pp
Net margin5.4%+1.3pp
FCF margin6.3%-2.1pp

Returns & leverage

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Return on equity28.4%+3.0pp
Debt / equity1.9×-0.9×
Current ratio1.5×+0.3×

Where this comes from

Reported directly by Wolverine World Wide in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The source filing: Wolverine World Wide’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 1:54 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-034967
(In millions)Active GroupWork GroupOtherCorporateTotal
Revenue$371.6$75.7$10.3$457.6
Cost of goods sold192.247.01.3(0.7)239.8
Operating expenses113.022.21.946.8183.9
Operating income$66.4$6.5$7.1$(46.1)$33.9
Interest expense, net6.5
Other income, net(0.2)
Earnings before income taxes$27.6
Depreciation and amortization expense$1.5$0.3$3.4$5.2

ITEM 1. Financial Statements

FAQ

What is Wolverine World Wide's corporate — operating expenses?
Wolverine World Wide (WWW) reported corporate — operating expenses of $46.8M in Q1 2026.
How has Wolverine World Wide's corporate — operating expenses changed year-over-year?
Wolverine World Wide's corporate — operating expenses decreased by 8.2% year-over-year, from $51M to $46.8M.
What is the long-term trend for Wolverine World Wide's corporate — operating expenses?
Over 3 years (2022 to 2025), Wolverine World Wide's corporate — operating expenses has grown at a -27.9% compound annual growth rate (CAGR), from $552M to $207.1M.
What does corporate — operating expenses mean?
Captures the administrative, overhead, and general corporate costs required to support the entire organization. This includes executive compensation, legal, human resources, and other shared service functions that are not directly tied to specific brand operations.

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