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Wolverine World Wide WWW Work Group — Operating profit (loss)

Other segment segments

Active Group
$66.4M+14.3%
Corporate
-$46.1M+10.8%
Other
$7.1M-5.3%

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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$1.56B-28.6%
Enterprise value$2.23B-23.6%
P/E15×-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:OperatingIncomeLoss.

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 work group — operating profit (loss)?
Wolverine World Wide (WWW) reported work group — operating profit (loss) of $6.5M in Q1 2026.
How has Wolverine World Wide's work group — operating profit (loss) changed year-over-year?
Wolverine World Wide's work group — operating profit (loss) decreased by 8.5% year-over-year, from $7.1M to $6.5M.
What is the long-term trend for Wolverine World Wide's work group — operating profit (loss)?
Over 4 years (2021 to 2025), Wolverine World Wide's work group — operating profit (loss) has grown at a -8.5% compound annual growth rate (CAGR), from $103.8M to $72.7M.
What does work group — operating profit (loss) mean?
Measures the profitability of the Work Group segment by subtracting the cost of goods sold and operating expenses from segment revenue. It serves as a primary indicator of the segment's operational efficiency and core business performance.

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