Wolverine World Wide, Inc. reported earnings results for the fourth quarter and full year ended December 30, 2023. For the fourth quarter, the company reported sales was USD 526.7 million compared to USD 665 million a year ago. Net loss was USD 91.2 million compared to USD 361.6 million a year ago. Diluted loss per share from continuing operations was USD 1.15 compared to USD 4.59 a year ago.
For the full year, sales was USD 2,242.9 million compared to USD 2,684.8 million a year ago. Net loss was USD 39.6 million compared to USD 188.3 million a year ago. Diluted loss per share from continuing operations was USD 0.51 compared to USD 2.37 a year ago.