Wolverine Bites Back: Fool by Numbers

On Oct. 5, Wolverine World Wide (NYSE: WWW  ) released earnings for its 2005 third quarter, which ended Sept. 10.

  • Sales of $279.1 million fell a little short of Street expectations. But it didn't matter: EPS of $0.42 was up more than 12% over the last year's Q3 and also ahead of analyst estimates. Investors responded by bidding up the stock by more than 6%.
  • Gross margin saw notable improvement, but it's still a few points below Wolverine's major competitors.
  • Growth continued to slow sequentially, but the improving balance sheet -- the progress illustrated by a 26% reduction in long-term debt -- indicates good cash management. That could be good news for investors.

(Figures in thousands, except per-share data)

Income Statement Highlights(What's this?)

Avg. Est.

Q3 2005

Q3 2004

% Change






Net Profit










Margin Checkup(What's this?)

Q3 2005

Q3 2004

% Change

Gross Margin




Op. Margin




Net Margin




Balance Sheet Highlights(What's this?)


Q3 2005

Q3 2004

% Change

Cash+ ST Invest.








Accounts Rec.





Q3 2005 Q3 2004

% Change

Long-Term Debt




Accounts Pay.




Cash Flow Highlights(What's this?)

No cash flow data provided. (Boo!)

Related Companies:

  • Caterpillar (NYSE: CAT  )
  • Deckers Outdoor (Nasdaq: DECK  )
  • Harley Davidson (NYSE: HDI  )
  • Nike (NYSE: NKE  )
  • Rocky Shoes and Boots (Nasdaq: RCKY  )
  • Timberland (Nasdaq: TBL  )

Related Foolishness:

Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so checkFool.comfor more of our in-depth discussion of what the numbers mean.

Deckers Outdoor is aMotley Fool Hidden Gemsrecommendation.

Fool contributorTim Beyersdidn't own shares in any of the companies mentioned in this story at the time of publication. You can find out what is in his portfolio by checking Tim's Fool profile, which ishere. The Motley Fool has an ironcladdisclosure policy.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 496901, ~/Articles/ArticleHandler.aspx, 10/23/2016 2:19:03 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 1 day ago Sponsored by:
DOW 18,145.71 -16.64 -0.09%
S&P 500 2,141.16 -0.18 -0.01%
NASD 5,257.40 15.57 0.30%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/21/2016 4:01 PM
CAT $86.33 Down -0.30 -0.35%
Caterpillar CAPS Rating: ***
DECK $54.15 Down -2.72 -4.78%
Deckers Outdoor CAPS Rating: ****
NKE $51.77 Down -0.12 -0.23%
Nike CAPS Rating: *****
RCKY $10.60 Down -0.30 -2.75%
Rocky Brands CAPS Rating: ***
WWW $20.97 Down -0.20 -0.94%
Wolverine World Wi… CAPS Rating: *****