S&P Raises Wolverine World Wide to B+ Citing Improved Leverage and Profitability
S&P Global Ratings upgraded Wolverine World Wide Inc. (NYSE:WWW) to B+ from B and assigned a stable outlook, saying the company should maintain leverage comfortably below 5x over the coming year after stronger operating performance and improved profitability through year-end 2025. The upgrade reflects gains from Saucony and Merrell, significant del…