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

Wolverine World Wide (NYSE:WWWGet Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.430-1.580 for the period, compared to the consensus EPS estimate of 1.470. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion.

Wolverine World Wide Trading Down 2.4%

NYSE WWW opened at $15.15 on Friday. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.40 and a quick ratio of 0.87. The firm’s fifty day moving average price is $16.75 and its 200 day moving average price is $17.59. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 13.41 and a beta of 1.75. Wolverine World Wide has a 12 month low of $13.47 and a 12 month high of $32.80.

Wolverine World Wide (NYSE:WWWGet Free Report) last issued its quarterly earnings data on Thursday, May 14th. The textile maker reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.03. Wolverine World Wide had a net margin of 5.06% and a return on equity of 29.84%. The company had revenue of $457.60 million for the quarter, compared to the consensus estimate of $448.44 million. During the same period last year, the firm posted $0.18 EPS. Wolverine World Wide’s revenue for the quarter was up 11.0% on a year-over-year basis. Wolverine World Wide has set its FY 2026 guidance at 1.430-1.580 EPS. On average, sell-side analysts expect that Wolverine World Wide will post 1.48 earnings per share for the current fiscal year.

Wolverine World Wide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Wednesday, July 1st will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Wednesday, July 1st. Wolverine World Wide’s dividend payout ratio (DPR) is presently 35.40%.

Analyst Ratings Changes

Several analysts have recently commented on WWW shares. KeyCorp raised their target price on shares of Wolverine World Wide from $24.00 to $25.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Wall Street Zen cut shares of Wolverine World Wide from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Argus restated a “hold” rating on shares of Wolverine World Wide in a research note on Friday, January 23rd. Zacks Research upgraded shares of Wolverine World Wide from a “strong sell” rating to a “hold” rating in a research note on Friday, February 27th. Finally, Needham & Company LLC started coverage on shares of Wolverine World Wide in a research note on Thursday, March 26th. They issued a “buy” rating and a $21.00 target price for the company. Five analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $21.56.

Read Our Latest Research Report on WWW

Trending Headlines about Wolverine World Wide

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Institutional Trading of Wolverine World Wide

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Thrivent Financial for Lutherans lifted its stake in shares of Wolverine World Wide by 1.3% in the second quarter. Thrivent Financial for Lutherans now owns 59,742 shares of the textile maker’s stock valued at $1,074,000 after purchasing an additional 782 shares during the period. LPL Financial LLC lifted its stake in shares of Wolverine World Wide by 8.0% in the fourth quarter. LPL Financial LLC now owns 16,346 shares of the textile maker’s stock valued at $297,000 after purchasing an additional 1,217 shares during the period. Quadrant Capital Group LLC lifted its stake in shares of Wolverine World Wide by 68.1% in the fourth quarter. Quadrant Capital Group LLC now owns 3,040 shares of the textile maker’s stock valued at $55,000 after purchasing an additional 1,232 shares during the period. Raymond James Financial Inc. increased its holdings in Wolverine World Wide by 2.1% during the 2nd quarter. Raymond James Financial Inc. now owns 67,595 shares of the textile maker’s stock valued at $1,222,000 after acquiring an additional 1,395 shares in the last quarter. Finally, Canada Pension Plan Investment Board purchased a new position in Wolverine World Wide during the 2nd quarter valued at about $34,000. Institutional investors and hedge funds own 90.25% of the company’s stock.

Wolverine World Wide Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Wolverine World Wide (NYSE:WWW)

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