Wolverine World Wide
One of the world’s leading marketers and licensors of branded casual, active lifestyle, work, outdoor sport, athletic, children's and uniform footwear and apparel.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | N/A | IPO | |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 35 % | 11 % | (16 %) | (22 %) | 6 % | 7 % | 7 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 8 % | 6 % | 3 % | 7 % | 10 % | 11 % | 12 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 3 % | (7 %) | (2 %) | 3 % | 5 % | 6 % | 8 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Equity research estimates
In 1883, Fredrick Hirth and G.A. Krause embarked on a journey that would lay the foundation for a global footwear empire. With a modest investment of $2,900, they acquired a small leather shop in Grand Rapids, Michigan. This venture marked the beginning of what would become Wolverine World Wide.
By 1901, the duo had expanded their operations, establishing a plant in Rockford, Michigan. Their foresight led them to purchase and expand the Rogue River Electric Light and Power Company, which powered their new plant and the surrounding city. This move not only fueled their production capabilities but also contributed to the growth of Rockford.
Over the decades, Wolverine World Wide evolved, adapting to changing market demands and expanding its product lines. A significant milestone in the company's history came in 2012 when it acquired the Performance Lifestyle Group of Collective Brands. This acquisition nearly doubled the company's size and added renowned brands like Saucony, Keds, Stride Rite, and Sperry Top-Sider to its portfolio.
Today, Wolverine World Wide stands as a testament to the vision and determination of its founders. From its humble beginnings as a leather shop, it has grown into a global leader in the footwear industry, known for its diverse range of high-quality products and its commitment to innovation and sustainability.
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Investments by Wolverine World Wide
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