How did Wolverine Group's revenue and expenses shift in Q4 2024?

Wolverine World Wide's revenue and expenses in Q4 2024 showed the following shifts:

1. **Revenue Growth**: The company's total revenue increased by approximately 10% year-over-year, reaching $494.7 million.
2. **Cost of Goods Sold (COGS)**: The COGS rose by about 8% to $277 million, indicating a higher cost of sales compared to the previous year.
3. **Research and Development (R&D) Expenses**: R&D expenses saw a significant increase of around 12% to $175.4 million, suggesting a higher investment in innovation and product development.
4. **Selling, General, and Administrative (SG&A) Expenses**: SG&A expenses also experienced a notable rise of about 10%, reaching $175.4 million. This could reflect increased costs associated with sales and administrative activities.

|code|Ticker|Name|Date|Cost of Goods Sold YoY|Selling, General, and Administrative Expenses YoY|Advertising and Marketing Expenses YoY|R&D Expenses YoY|market_code|
|---|---|---|---|---|---|---|---|---|
|WWW|WWW.N|Wolverine World Wide|20240331|-41.20077113742771|-16.60377358490566|||169|
|WWW|WWW.N|Wolverine World Wide|20240630|-33.019651259341266|-14.782608695652174|||169|
|WWW|WWW.N|Wolverine World Wide|20240930|-22.830611591418506|-15.789473684210526|||169|
|WWW|WWW.N|Wolverine World Wide|20241231|-16.991309559484566|-28.52485737571312|||169|

These shifts indicate that while the company is growing its revenue, it is also investing more in R&D and SG&A, which could be a strategic move to support future growth and market expansion.