Wolverine World Wide (NYSE:WWW) Releases FY 2026 Earnings Guidance

Wolverine World Wide (NYSE:WWW) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.550-1.650 for the period, compared to the consensus EPS estimate of 1.560. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on WWW. Wall Street Zen downgraded shares of Wolverine World Wide from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Zacks Research cut shares of Wolverine World Wide from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Telsey Advisory Group cut their price objective on shares of Wolverine World Wide from $22.00 to $18.00 and set a “market perform” rating for the company in a research report on Friday, May 15th. Robert W. Baird decreased their target price on Wolverine World Wide from $27.00 to $24.00 and set an “outperform” rating on the stock in a research report on Friday, May 15th. Finally, Needham & Company LLC increased their target price on Wolverine World Wide from $21.00 to $24.00 and gave the stock a “buy” rating in a research note on Thursday. Five investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $22.12.

Wolverine World Wide Stock Performance

Shares of NYSE:WWW opened at $19.74 on Friday. Wolverine World Wide has a 12-month low of $13.47 and a 12-month high of $32.80. The company’s 50 day moving average price is $18.02 and its two-hundred day moving average price is $17.39. The firm has a market cap of $1.62 billion, a PE ratio of 15.92 and a beta of 1.73. The company has a quick ratio of 0.89, a current ratio of 1.53 and a debt-to-equity ratio of 1.26.

Wolverine World Wide (NYSE:WWW) last issued its quarterly earnings results on Thursday, August 13th. The textile maker reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.02. The business had revenue of $506.40 million during the quarter, compared to analysts’ expectations of $500.74 million. Wolverine World Wide had a return on equity of 29.37% and a net margin of 5.41%.The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.32 earnings per share. Wolverine World Wide has set its FY 2026 guidance at 1.550-1.650 EPS. Equities research analysts predict that Wolverine World Wide will post 1.56 earnings per share for the current year.

Wolverine World Wide Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Thursday, October 1st will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Thursday, October 1st. Wolverine World Wide’s dividend payout ratio is presently 32.26%.

Insider Activity

In related news, Director Brenda J. Lauderback sold 5,500 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $15.88, for a total value of $87,340.00. Following the transaction, the director owned 54,202 shares in the company, valued at approximately $860,727.76. This trade represents a 9.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.50% of the company’s stock.

Wolverine World Wide News Summary

Here are the key news stories impacting Wolverine World Wide this week:

• Positive Sentiment: Q2 earnings and revenue beat estimates. Wolverine reported adjusted EPS of $0.40, ahead of the $0.38 analyst consensus and up from $0.32 a year earlier. Revenue reached $506.4 million, exceeding the $500.74 million estimate and increasing 6.8% year over year. Wolverine World Wide Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Full-year revenue outlook was raised. Management now expects fiscal 2026 revenue of approximately $1.98 billion to $2.0 billion, supporting investor confidence in continued growth. EPS guidance remains $1.55 to $1.65, broadly consistent with the roughly $1.56 analyst consensus. Wolverine World Wide FY2026 Guidance
• Positive Sentiment: Analyst sentiment improved. Needham raised its price target on WWW from $21 to $24 and assigned a “buy” rating, indicating expectations that the earnings momentum and brand performance can support further appreciation. Needham Raises Wolverine World Wide Price Target
• Neutral Sentiment: Management is emphasizing Merrell and Saucony. CEO Chris Hufnagel outlined plans to sustain growth at the two key brands, making brand execution and international expansion important factors for future results. Wolverine CEO on Merrell and Saucony Growth

Institutional Investors Weigh In On Wolverine World Wide

A number of large investors have recently bought and sold shares of the company. Canada Pension Plan Investment Board acquired a new position in shares of Wolverine World Wide in the 2nd quarter valued at approximately $34,000. Global Retirement Partners LLC lifted its holdings in shares of Wolverine World Wide by 2,134.9% during the 4th quarter. Global Retirement Partners LLC now owns 2,883 shares of the textile maker’s stock worth $52,000 after acquiring an additional 2,754 shares during the period. Quadrant Capital Group LLC boosted its position in shares of Wolverine World Wide by 68.1% during the 4th quarter. Quadrant Capital Group LLC now owns 3,040 shares of the textile maker’s stock worth $55,000 after acquiring an additional 1,232 shares in the last quarter. Larson Financial Group LLC boosted its position in shares of Wolverine World Wide by 13,834.3% during the 3rd quarter. Larson Financial Group LLC now owns 4,877 shares of the textile maker’s stock worth $134,000 after acquiring an additional 4,842 shares in the last quarter. Finally, PharVision Advisers LLC bought a new position in Wolverine World Wide in the third quarter valued at approximately $211,000. 90.25% of the stock is currently owned by institutional investors and hedge funds.

Wolverine World Wide Company Profile

Wolverine World Wide, Inc (NYSE: WWW) is a global footwear and apparel company headquartered in Rockford, Michigan. The company designs, manufactures and markets a diversified portfolio of casual, active and performance lifestyle brands. Wolverine World Wide’s offerings span multiple price points and consumer segments, with products that include outdoor and trail footwear, running shoes, casual sneakers, boat shoes, work boots and related apparel and accessories.

Key brands in Wolverine World Wide’s portfolio include Merrell, an outdoor performance footwear brand; Saucony, known for running shoes and athletic gear; Sperry, which popularized boat shoes; Hush Puppies, a casual and comfort?oriented line; and Keds, a heritage sneaker label.