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

Wolverine World Wide (NYSE:WWW) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.350-1.500 for the period, compared to the consensus earnings per share estimate of 1.350. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion.

Wall Street Analyst Weigh In

Several brokerages recently commented on WWW. Wall Street Zen upgraded shares of Wolverine World Wide from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. BNP Paribas Exane cut Wolverine World Wide from an “outperform” rating to a “neutral” rating and cut their target price for the company from $38.00 to $19.00 in a research note on Thursday, January 22nd. UBS Group reduced their price target on Wolverine World Wide from $28.00 to $26.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. Robert W. Baird dropped their price objective on Wolverine World Wide from $35.00 to $23.00 and set an “outperform” rating for the company in a report on Thursday, November 6th. Finally, Piper Sandler downgraded Wolverine World Wide from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $22.00 to $16.00 in a research report on Wednesday, January 7th. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Wolverine World Wide currently has a consensus rating of “Hold” and an average target price of $21.38.

Wolverine World Wide Trading Up 12.9%

NYSE:WWW traded up $2.32 during midday trading on Thursday, hitting $20.36. The stock had a trading volume of 1,221,189 shares, compared to its average volume of 1,521,555. The stock has a 50-day moving average of $18.17 and a 200 day moving average of $22.10. The company has a market capitalization of $1.67 billion, a price-to-earnings ratio of 19.64 and a beta of 1.91. Wolverine World Wide has a one year low of $9.58 and a one year high of $32.80. The company has a quick ratio of 0.79, a current ratio of 1.34 and a debt-to-equity ratio of 1.40.

Wolverine World Wide (NYSE:WWW) last issued its earnings results on Thursday, February 26th. The textile maker reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.01. Wolverine World Wide had a return on equity of 31.43% and a net margin of 4.73%.The business had revenue of $517.50 million during the quarter, compared to analyst estimates of $510.49 million. During the same period in the previous year, the company posted $0.40 EPS. Wolverine World Wide’s revenue was up 4.6% on a year-over-year basis. Wolverine World Wide has set its FY 2026 guidance at 1.350-1.500 EPS. As a group, sell-side analysts forecast that Wolverine World Wide will post 1.23 EPS for the current year.

Wolverine World Wide Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Wednesday, April 1st will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.0%. The ex-dividend date is Wednesday, April 1st. Wolverine World Wide’s dividend payout ratio is presently 38.46%.

Wolverine World Wide News Summary

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

• Positive Sentiment: Q4 results topped estimates: WWW reported $0.45 EPS (vs. $0.44 consensus) and $517.5M revenue (vs. ~$510M est.), with revenue up ~4.6% year‑over‑year — a core reason shares rallied after the print. Zacks: Q4 Earnings and Revenues Top Estimates
• Positive Sentiment: Brand leadership driving growth: Merrell and Saucony were singled out as continuing to lead sales gains in Q4, supporting the company’s top‑line momentum. Yahoo Finance: Merrell and Saucony Lead Sales Growth
• Positive Sentiment: Saucony’s direct/wholesale gains noted: Management highlighted a strong direct‑to‑consumer and distribution gain at Saucony as a meaningful contributor to Q4 growth. SGB Online: Q4 Growth Led by Strong DD Gain at Saucony
• Neutral Sentiment: FY‑2026 guidance in range: Wolverine set FY‑26 EPS guidance of $1.35–$1.50 (roughly in line with consensus), which removed uncertainty but didn’t markedly raise long‑term expectations. MarketWatch: Shares Climb After FY26 Outlook, 4Q Revenue Beat
• Neutral Sentiment: Company materials and call available: Management published a press release, slide deck and hosted the conference call providing more detail for investors to parse execution vs. guidance. Press Release / Slide Deck
• Negative Sentiment: Pre‑earnings Saucony concerns existed: Analysts and articles had flagged potential headwinds or execution risk at Saucony before the print, a reminder that brand dependence creates volatility in future quarters. Investing.com: Saucony Concerns Loomed Pre‑Earnings

Hedge Funds Weigh In On Wolverine World Wide

Hedge funds and other institutional investors have recently modified their holdings of the business. Hancock Whitney Corp acquired a new position in shares of Wolverine World Wide in the 3rd quarter valued at $267,000. HRT Financial LP purchased a new stake in Wolverine World Wide during the 4th quarter valued at about $266,000. Integrated Investment Consultants LLC acquired a new position in shares of Wolverine World Wide in the third quarter valued at about $261,000. CIBC Bancorp USA Inc. purchased a new position in shares of Wolverine World Wide in the third quarter worth about $236,000. Finally, VARCOV Co. acquired a new stake in shares of Wolverine World Wide during the fourth quarter worth about $227,000. 90.25% of the stock is currently owned by institutional investors.

About Wolverine World Wide

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.