Wolverine Worldwide Scores Moody’s Upgrade
The ratings agency raised WWW’s corporate family rating to B2 from B3 and its other ratings by one notch, assigning it a stable outlook, citing ongoing progress in the turnaround. Adjusted leverage was down to 5.3x at the end of Q2 from 6.4x at year-end 2024, and sales of both Merrell and Saucony have rebounded. WWW ... Log in to view full article.
