Overview Financials News + Filings Key Docs Charts Ownership Insiders
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| In millions, except per share items | Dec-31-22 | Jan-01-22 | Jan-02-21 | Dec-28-19 | Dec-29-18 | Dec-30-17 | Dec-31-16 | Jan-02-16 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Wolverine Boston Group | | | | 910.9 | 895.5 | 988.8 | | 942.8 |
| Lifestyle Group | 447.5 | 477.0 | 407.0 | | | | | |
| Other | 2,237.3 | 1,937.9 | 1,384.1 | 1,362.8 | 1,343.7 | 1,361.2 | | 1,748.8 |
| Total revenues | 2,684.8 | 2,414.9 | 1,791.1 | 2,273.7 | 2,239.2 | 2,350.0 | 2,486.3 | 2,691.6 |
| Revenue growth [+] | 11.2% | 34.8% | -21.2% | 1.5% | -4.7% | -5.5% | -7.6% | -2.5% |
| Wolverine Boston Group | | | | 1.7% | -9.4% | | | 4.1% |
| Lifestyle Group | -6.2% | 17.2% | | | | | | |
| Other | | | | | | | 1.0% | 18.1% |
| Cost of goods sold | 1,614.4 | 1,385.0 | 1,055.5 | 1,349.9 | 1,317.9 | 1,426.6 | 1,526.4 | 1,636.9 |
| Gross profit | 1,070.4 | 1,029.9 | 735.6 | 923.8 | 921.3 | 923.4 | 959.9 | 1,054.7 |
| Gross margin | 39.9% | 42.6% | 41.1% | 40.6% | 41.1% | 39.3% | 38.6% | 39.2% |
| Selling, general and administrative | 906.4 | 817.8 | 639.4 | 669.3 | 654.1 | 706.0 | 754.1 | 816.0 |
| Other operating expenses | 123.7 | 56.4 | 11.1 | 83.5 | 15.3 | 35.3 | -8.3 | |
| EBITDA [+] | 74.9 | 188.9 | 117.9 | 203.7 | 283.4 | 219.3 | 257.6 | 287.4 |
| EBITDA growth | -60.3% | 60.2% | -42.1% | -28.1% | 29.2% | -14.9% | -10.4% | -11.7% |
| EBITDA margin | 2.8% | 7.8% | 6.6% | 9.0% | 12.7% | 9.3% | 10.4% | 10.7% |
| Depreciation | 26.7 | 24.8 | 25.7 | 24.1 | 25.3 | 27.8 | 29.5 | 33.1 |
| EBITA | 48.2 | 164.1 | 92.2 | 179.6 | 258.1 | 191.5 | 228.1 | 254.3 |
| EBITA margin | 1.8% | 6.8% | 5.1% | 7.9% | 11.5% | 8.1% | 9.2% | 9.4% |
| Amortization of intangibles | 7.9 | 8.4 | 7.1 | 8.6 | 6.2 | 9.4 | 14.0 | 15.6 |
| EBIT [+] | 40.3 | 155.7 | 85.1 | 171.0 | 251.9 | 182.1 | 214.1 | 238.7 |
| EBIT growth | -74.1% | 83.0% | -50.2% | -32.1% | 38.3% | -14.9% | -10.3% | -12.3% |
| EBIT margin | 1.5% | 6.4% | 4.8% | 7.5% | 11.2% | 7.7% | 8.6% | 8.9% |
| Non-recurring items [+] | 248.7 | | 222.2 | | | 150.5 | 50.3 | 37.6 |
| Asset impairment | 428.7 | | 222.2 | | | 68.6 | 7.1 | 5.1 |
| Restructuring charges | -90.0 | | | | | 81.9 | 43.2 | 32.5 |
| Interest expense | 47.3 | 37.4 | 43.6 | 30.0 | 24.5 | 32.1 | 34.8 | 38.2 |
| Interest expense | 47.3 | 37.4 | 43.6 | 30.0 | 24.5 | 32.1 | 34.8 | 38.2 |
| Other income (expense), net [+] | 2.8 | -38.0 | -3.4 | 4.9 | | -10.1 | -18.5 | 1.7 |
| Other | 2.8 | -3.7 | 2.1 | 4.9 | 0.6 | -10.1 | -0.4 | 3.3 |
| Pre-tax income | -252.9 | 80.3 | -184.1 | 145.9 | 227.4 | -10.6 | 110.5 | 164.6 |
| Income taxes | -63.8 | 13.3 | -45.5 | 17.0 | 27.1 | -9.9 | 23.0 | 41.4 |
| Tax rate | 25.2% | 16.6% | 24.7% | 11.7% | 11.9% | 93.4% | 20.8% | 25.2% |
| Minority interest | -0.8 | -1.6 | -1.7 | 0.4 | 0.2 | -1.0 | -0.2 | 0.4 |
| Net income | -188.3 | 68.6 | -136.9 | 128.5 | 200.1 | 0.3 | 87.7 | 122.8 |
| Net margin | -7.0% | 2.8% | -7.6% | 5.7% | 8.9% | 0.0% | 3.5% | 4.6% |
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| Basic EPS [+] | ($2.36) | $0.83 | ($1.69) | $1.51 | $2.15 | $0.00 | $0.91 | $1.23 |
| Growth | -383.4% | -149.3% | -211.9% | -29.8% | 67102.0% | -99.6% | -25.8% | -7.6% |
| Diluted EPS [+] | ($2.36) | $0.82 | ($1.69) | $1.47 | $2.11 | $0.00 | $0.89 | $1.20 |
| Growth | -386.9% | -148.7% | -214.7% | -30.0% | 66880.8% | -99.6% | -26.4% | -8.3% |
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| Dividends per share [+] | $0.40 | $0.40 | $0.40 | $0.40 | $0.32 | $0.24 | $0.24 | $0.24 |
| Growth | 0.0% | 0.0% | 0.0% | 25.0% | 33.3% | 0.0% | 0.0% | 0.0% |
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| Shares outstanding (basic) [+] | 79.7 | 82.3 | 81.0 | 85.1 | 93.0 | 93.7 | 96.2 | 100.0 |
| Growth | -3.2% | 1.6% | -4.8% | -8.5% | -0.7% | -2.6% | -3.8% | -0.1% |
| Shares outstanding (diluted) [+] | 79.7 | 83.3 | 81.0 | 87.2 | 95.0 | 95.4 | 99.0 | 102.0 |
| Growth | -4.3% | 2.8% | -7.1% | -8.2% | -0.4% | -3.6% | -2.9% | 0.6% |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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