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Wolverine World Wide backs FY23 financial results
The Fly

Wolverine World Wide backs FY23 financial results

The company expects the following preliminary and unaudited financial results for its ongoing business as of December 30, 2023: Full year and fourth quarter reported revenue of approximately $2.24 billion and $527 million, respectively – in line with November guidance. Full year and fourth quarter revenue for its ongoing business of approximately $2.20 billion and $521 million, respectively – in line with November guidance; Full year and fourth quarter adjusted gross margin above 39% and 36%, respectively – in line with November guidance; Full year and fourth quarter adjusted pre-tax earnings in line with our expectations. Q4/FY23 revenue consensus $514.67M/$2.2B, respectively.

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