Wolverine World Wide is a leading footwear and apparel company known for designing, manufacturing, and marketing a diverse range of branded products. The company specializes in outdoor and work footwear, catering to various consumer segments including outdoor enthusiasts, athletes, and professionals requiring durable and functional footwear. With a portfolio of well-known brands that emphasize performance and style, Wolverine World Wide focuses on innovation and sustainability, ensuring their products meet the evolving needs of customers. The brand is also committed to maintaining strong relationships with their retail partners and expanding their global presence in the competitive footwear market.
Footwear, apparel, and accessories retailer Genesco (NYSE:GCO)
will be announcing earnings results tomorrow before market open. Here’s what investors should know.
The hottest markets following the Fed's 25 basis point rate cut weren't big tech but the small caps, confirming the sector rotation which began over the summer.
Footwear conglomerate Wolverine Worldwide (NYSE:WWW) reported Q3 CY2024 results exceeding the market’s revenue expectations, but sales fell 7% year on year to $440.2 million. The company expects the full year’s revenue to be around $1.74 billion, close to analysts’ estimates. Its non-GAAP profit of $0.29 per share was also 34.2% above analysts’ consensus estimates.
Companies Reporting Before The Bell • Gatos Silver (NYSE:GATO) is estimated to report quarterly earnings at $0.09 per share on revenue of $83.00 million.
The market will broaden the sustenance of its rally when interest-rate cuts begin to be priced in and investors begin to think about the roadmap, an analyst said.
Shares of RxSight, Inc. (NASDAQ: RXST) rose sharply during Monday’s session after the company issued preliminary FY23 and FY24 revenue guidance above estimates. Also, Needham maintained a Buy rating on the stock and raised its price target from $35 to $41.
