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Wolverine World Wide Updates Credit and Receivables Agreements

Story Highlights
  • Wolverine World Wide amended its Credit Agreement, reducing its revolving credit facility to $600 million.
  • The company extended its Receivables Purchase Agreement termination date to September 25, 2028.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Wolverine World Wide Updates Credit and Receivables Agreements

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An update from Wolverine World Wide ( (WWW) ) is now available.

On September 24, 2025, Wolverine World Wide, Inc. amended its Credit Agreement to introduce a $600 million revolving credit facility, replacing the previous $800 million facility, and eliminated the term loan A facility. The new facility, with a maturity date extended to September 24, 2030, is structured to meet the company’s capital needs with variable interest rates and commitment fees based on leverage ratios. Additionally, on September 25, 2025, the company amended its Receivables Purchase Agreement, extending the scheduled termination date to September 25, 2028.

The most recent analyst rating on (WWW) stock is a Buy with a $36.00 price target. To see the full list of analyst forecasts on Wolverine World Wide stock, see the WWW Stock Forecast page.

Spark’s Take on WWW Stock

According to Spark, TipRanks’ AI Analyst, WWW is a Neutral.

Wolverine World Wide’s overall score reflects strong technical momentum and positive earnings call highlights, offset by high leverage and valuation concerns. Strategic initiatives and new board appointments provide potential for future growth.

To see Spark’s full report on WWW stock, click here.

More about Wolverine World Wide

Wolverine World Wide, Inc. operates in the footwear and apparel industry, focusing on the design, manufacture, and marketing of a wide range of footwear and clothing products. The company is known for its diverse portfolio of brands that cater to various market segments.

Average Trading Volume: 1,780,440

Technical Sentiment Signal: Buy

Current Market Cap: $2.22B

For an in-depth examination of WWW stock, go to TipRanks’ Overview page.

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