Chaco

Minerva Foods And Imaflora Announce Partnership In Program To Measure Carbon Balance Of South American Farms

Retrieved on: 
Saturday, November 6, 2021

BARRETOS, Brazil, Nov. 6, 2021 /PRNewswire/ -- Minerva Foods, the leading beef exporter in South America and one of the largest companies in the region in the production and commercialization of beef and its derivatives, together with the Institute of Forest and Agricultural Management and Certification (Imaflora), a Brazilian non-governmental organization, which works to promote social and environmental transformations in the forestry and agricultural sectors, announce their partnership in Imaflora's new program Carbon On Track, for measuring the carbon balance of farms in South America.

Key Points: 
  • Maintaining its pioneering spirit, Minerva Foods is the first partner from the livestock sector to engage with Carbon On Track.
  • The balance calculations were performed using globally recognized methodologies and guidelines proposed by the IPCC 2019 and are consistent with the GHG Protocol methodology.
  • "Carbon on Track fits perfectly with Minerva Foods' efforts to take measures that will lead the chain to more sustainable, low-carbon livestock farming.
  • Looking to the future, Carbon On Track may also enable the certification of projects that are aimed at generating carbon credits.

Minerva Foods And Imaflora Announce Partnership In Program To Measure Carbon Balance Of South American Farms

Retrieved on: 
Saturday, November 6, 2021

Maintaining its pioneering spirit, Minerva Foods is the first partner from the livestock sector to engage with Carbon On Track.

Key Points: 
  • Maintaining its pioneering spirit, Minerva Foods is the first partner from the livestock sector to engage with Carbon On Track.
  • The balance calculations were performed using globally recognized methodologies and guidelines proposed by the IPCC 2019 and are consistent with the GHG Protocol methodology.
  • "Carbon on Track fits perfectly with Minerva Foods' efforts to take measures that will lead the chain to more sustainable, low-carbon livestock farming.
  • Looking to the future, Carbon On Track may also enable the certification of projects that are aimed at generating carbon credits.

Wolverine Worldwide Announces Fourth-Quarter and Full-Year 2020 Conference Call for February 25, 2021

Retrieved on: 
Thursday, February 11, 2021

Following the press release, the Company will host a conference call at 8:30 a.m.

Key Points: 
  • Following the press release, the Company will host a conference call at 8:30 a.m.
  • A replay of the conference call will be available at the Companys website for a period of approximately 30 days.
  • The Companys portfolio includes Merrell, Sperry, Hush Puppies, Saucony, Wolverine, Keds, Stride Rite, Chaco, Bates, and HYTEST.
  • Wolverine Worldwide is also the global footwear licensee of the popular brands Cat and Harley-Davidson.

Wolverine Worldwide Reports Continued Strength in Performance and Work Brands for the Third Quarter

Retrieved on: 
Thursday, November 5, 2020

Saucony and Chaco delivered double-digit revenue growth in the quarter compared to the prior year, while Merrell and our work brands drove meaningful sequential revenue improvement versus Q2.

Key Points: 
  • Saucony and Chaco delivered double-digit revenue growth in the quarter compared to the prior year, while Merrell and our work brands drove meaningful sequential revenue improvement versus Q2.
  • Cash on hand at the end of the quarter was $342.0 million, compared to $125.2 million in the prior year.
  • We will continue to invest behind the ongoing momentum of our key brands to enable accelerated growth in the first quarter of 2021.
  • Wolverine Worldwide is also the global footwear licensee of the popular brands Cat and Harley-Davidson.

Wolverine Worldwide Provides Update on Further Measures to Enhance Capital Structure for Increased Liquidity

Retrieved on: 
Monday, May 11, 2020

The Company implemented several measures earlier this year to prioritize liquidity, cash preservation, and asset management in response to the impact of the COVID-19 pandemic.

Key Points: 
  • The Company implemented several measures earlier this year to prioritize liquidity, cash preservation, and asset management in response to the impact of the COVID-19 pandemic.
  • The amendment to the Senior Credit Facility provides enhanced flexibility within the Companys existing covenant requirements, while the sale of the Notes provides longer-term financing.
  • The Companys portfolio of highly recognized brands includes: Merrell, Sperry, Hush Puppies, Saucony, Wolverine, Keds, Stride Rite, Chaco, Bates and HYTEST.
  • The Companys products are carried by leading retailers in the U.S. and globally in approximately 170 countries and territories.

Wolverine Worldwide Announces Pricing of Senior Notes

Retrieved on: 
Wednesday, May 6, 2020

ROCKFORD, Mich., May 06, 2020 (GLOBE NEWSWIRE) -- Wolverine World Wide, Inc. (NYSE: WWW) (the Company) today announced the pricing of its offering of $300 million aggregate principal amount of 6.375% Senior Notes due 2025 (the Notes).

Key Points: 
  • ROCKFORD, Mich., May 06, 2020 (GLOBE NEWSWIRE) -- Wolverine World Wide, Inc. (NYSE: WWW) (the Company) today announced the pricing of its offering of $300 million aggregate principal amount of 6.375% Senior Notes due 2025 (the Notes).
  • The Company intends to use the net proceeds from the offering to repay borrowings under its revolving credit facility.
  • The Notes will be guaranteed by the Companys domestic subsidiaries that guarantee its senior credit facilities.
  • The Companys portfolio of highly recognized brands includes: Merrell, Sperry, Hush Puppies, Saucony, Wolverine, Keds, Stride Rite, Chaco, Bates and HYTEST.

Wolverine Worldwide Announces Offering of Senior Notes

Retrieved on: 
Wednesday, May 6, 2020

ROCKFORD, Mich., May 06, 2020 (GLOBE NEWSWIRE) -- Wolverine World Wide, Inc. (NYSE: WWW) (the Company) today announced that it is offering $300 million aggregate principal amount of senior notes due 2025 (the Notes), subject to market and other customary conditions.

Key Points: 
  • ROCKFORD, Mich., May 06, 2020 (GLOBE NEWSWIRE) -- Wolverine World Wide, Inc. (NYSE: WWW) (the Company) today announced that it is offering $300 million aggregate principal amount of senior notes due 2025 (the Notes), subject to market and other customary conditions.
  • The Company intends to use the net proceeds from the offering to repay borrowings under its revolving credit facility.
  • The Notes will be guaranteed by the Companys domestic subsidiaries that guarantee its senior credit facilities.
  • The Companys portfolio of highly recognized brands includes: Merrell, Sperry, Hush Puppies, Saucony, Wolverine, Keds, Stride Rite, Chaco, Bates and HYTEST.

Wolverine Worldwide Declares Quarterly Dividend

Retrieved on: 
Wednesday, April 29, 2020

ROCKFORD, Mich., April 29, 2020 (GLOBE NEWSWIRE) -- Wolverine World Wide, Inc. (NYSE: WWW) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of common stock.

Key Points: 
  • ROCKFORD, Mich., April 29, 2020 (GLOBE NEWSWIRE) -- Wolverine World Wide, Inc. (NYSE: WWW) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of common stock.
  • The dividend is payable on August 3, 2020, to stockholders of record on July 1, 2020.
  • The dividend is equal to the last quarterly dividend and reflects an indicated annual dividend of $0.40 per share.
  • The Companys portfolio of highly recognized brands includes: Merrell, Sperry, Hush Puppies, Saucony, Wolverine, Keds, Stride Rite, Chaco, Bates and HYTEST.

Wolverine Worldwide Reports First Quarter Results and Reiterates Company’s Strength to Navigate COVID-19

Retrieved on: 
Wednesday, April 22, 2020

Following record financial results in the fourth quarter of 2019, the Company delivered strong Q1 earnings results, despite challenging conditions caused by the COVID-19 pandemic late in the quarter, said Blake W. Krueger, Wolverine Worldwides Chairman, Chief Executive Officer and President.

Key Points: 
  • Following record financial results in the fourth quarter of 2019, the Company delivered strong Q1 earnings results, despite challenging conditions caused by the COVID-19 pandemic late in the quarter, said Blake W. Krueger, Wolverine Worldwides Chairman, Chief Executive Officer and President.
  • Many of our brands are resonating with consumers faced with shelter-in-place restrictions, and our eCommerce business has accelerated following the close of the first quarter.
  • We believe the Company is strong, well positioned to navigate the current challenges, and will emerge even stronger.
  • The Companys portfolio of highly recognized brands includes: Merrell, Sperry, Hush Puppies, Saucony, Wolverine, Keds, Stride Rite, Chaco, Bates and HYTEST.

Wolverine Worldwide Announces Key Leadership Changes

Retrieved on: 
Monday, April 20, 2020

Grunberg will continue in that role, and Saucony, Keds and the Wolverine Kids Group will also now report to her.

Key Points: 
  • Grunberg will continue in that role, and Saucony, Keds and the Wolverine Kids Group will also now report to her.
  • Tom Kennedy is a five-year veteran of the Company and was named Global President of the Wolverine brand in February 2020.
  • As part of these leadership appointments and organizational changes, Todd Spaletto will be departing the Company and his role as President of the Michigan Group will not be filled.
  • The company's portfolio of highly recognized brands includes: Merrell, Sperry, Hush Puppies, Saucony, Wolverine, Keds, Stride Rite, Chaco, Bates, and HYTEST.