Caleres vs Wolverine World Wide
Caleres is the larger business, with $2.76bn of revenue in fiscal 2026 against $1.87bn for Wolverine World Wide (1.5 times as much). Wolverine World Wide grew faster (6.8% against 1.3%). Wolverine World Wide kept more of each dollar of sales as profit: a net margin of 5.1% against -0.2%.
| Latest fiscal year | CaleresCAL, 2026 | Wolverine World WideWWW, 2025 |
|---|---|---|
| Revenue | $2.76bn | $1.87bn |
| Revenue growth | 1.3% | 6.8% |
| Net income | −$6.7m | $95.8m |
| Operating margin | — | — |
| Net margin | -0.2% | 5.1% |
| Return on equity | -1.1% | 26.6% |
| Free cash flow | $39.4m | $126m |
| Cash | $29.8m | $206m |
| Total debt | — | $697m |
| Debt to equity | — | — |
| Dividend per share | $0.28 | $0.40 |
| Dividend yield | 2.1% | 1.9% |
| Share buybacks | $5.0m | $14.5m |
| Employees | 10,000 | — |
| Market value | $448m | $1.76bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 41 (Weak) | 50 (Moderate) |
| Insider trades, 12 months | 0 buys, 1 sales | 3 buys, 4 sales |