Wolverine World Wide (NYSE:WWW) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Wolverine World Wide (NYSE:WWW) posted its earnings results on Thursday. The textile maker reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01, FiscalAI reports. The business had revenue of $517.50 million during the quarter, compared to analysts’ expectations of $510.49 million. Wolverine World Wide had a return on equity of 31.43% and a net margin of 4.73%.Wolverine World Wide’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.40 EPS. Wolverine World Wide updated its FY 2026 guidance to 1.350-1.500 EPS.

Here are the key takeaways from Wolverine World Wide’s conference call:

• Saucony delivered a record year (Q4 +24%) and the company expects it to grow in the low‑to‑mid teens in 2026, led by the strong debut of the Endorphin Azura (demand ahead of forecast), core‑franchise refreshes, and the brand’s largest annual marketing investment.
• Wolverine reported FY2025 revenue of $1.874B (+7%) and adjusted EPS of $1.35 (up 53%), with ~300 bps gross‑margin expansion and $126M operating free cash flow that reduced net debt by $81M to $415M.
• Brand dynamics were mixed but improving — Merrell grew mid‑single digits with DTC momentum and new product launches, Sweaty Betty showed sequential improvement in the U.K./EMEA while the U.S. is being reset, and Wolverine is still down but showing product/marketing progress and is expected to be roughly flat in 2026.
• Management flagged material trade‑policy headwinds for 2026 — an estimated unmitigated tariff impact of ~$60M (roughly +$50M vs. 2025) that contributes to guidance for gross margin of ~46% (down ~130 bps); the company plans pricing, cost and mix mitigation but expects tariff effects to become more pronounced later in the year.

Wolverine World Wide Stock Performance

NYSE:WWW opened at $20.04 on Friday. The stock has a 50 day simple moving average of $18.19 and a 200 day simple moving average of $22.09. The stock has a market cap of $1.64 billion, a P/E ratio of 19.27 and a beta of 1.91. Wolverine World Wide has a 1-year low of $9.58 and a 1-year high of $32.80. The company has a current ratio of 1.34, a quick ratio of 0.79 and a debt-to-equity ratio of 1.40.

Wolverine World Wide Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Investors 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 of this dividend is Wednesday, April 1st. Wolverine World Wide’s dividend payout ratio (DPR) is presently 38.46%.

Institutional Investors Weigh In On Wolverine World Wide

A number of hedge funds and other institutional investors have recently modified their holdings of WWW. Millennium Management LLC boosted its position in shares of Wolverine World Wide by 1,740.2% in the fourth quarter. Millennium Management LLC now owns 1,204,127 shares of the textile maker’s stock valued at $21,855,000 after acquiring an additional 1,138,691 shares during the period. Callodine Capital Management LP raised its stake in Wolverine World Wide by 30.5% in the 4th quarter. Callodine Capital Management LP now owns 3,524,326 shares of the textile maker’s stock worth $63,967,000 after purchasing an additional 822,966 shares in the last quarter. Balyasny Asset Management L.P. boosted its holdings in Wolverine World Wide by 521.1% in the 4th quarter. Balyasny Asset Management L.P. now owns 970,763 shares of the textile maker’s stock valued at $17,619,000 after purchasing an additional 814,457 shares during the period. Wellington Management Group LLP acquired a new position in shares of Wolverine World Wide during the 3rd quarter worth approximately $19,200,000. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Wolverine World Wide by 55.6% during the first quarter. Goldman Sachs Group Inc. now owns 1,504,571 shares of the textile maker’s stock worth $20,929,000 after purchasing an additional 537,854 shares during the period. Institutional investors and hedge funds own 90.25% of the company’s stock.

More Wolverine World Wide News

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

• Positive Sentiment: Q4 results beat: WWW reported $0.45 EPS vs. $0.44 consensus and revenue of $517.5M vs. ~$510.5M estimate; revenue was up ~4.6% year‑over‑year, signaling improving top‑line momentum. Wolverine World Wide (WWW) Q4 Earnings and Revenues Top Estimates
• Positive Sentiment: FY‑2026 guidance set to $1.35–$1.50 EPS (consensus ~1.35) and revenue outlook in line with Street expectations — guidance removed some downside risk and supported sentiment. Wolverine World Wide Shares Climb After FY26 Outlook, 4Q Revenue Beat
• Positive Sentiment: Brand leadership driving growth: Saucony’s DTC gains and Merrell’s strong performance were highlighted as primary drivers of the quarter’s strength — these brand trends are central to the beat and investor optimism. Merrell and Saucony Continue to Lead Sales Growth at Wolverine Worldwide in Q4
• Neutral Sentiment: Management commentary and deeper detail available — the earnings call transcript and CEO interviews expand on execution plans (Saucony growth strategy, workwear turnarounds) that investors will parse for sustainability. Wolverine World Wide, Inc. (WWW) Q4 2025 Earnings Call Transcript Wolverine Worldwide CEO Chris Hufnagel on Managing Saucony’s Growth, Turning Around Its Work Group + More
• Negative Sentiment: Some investor concerns remain around Saucony execution and the sustainability of rapid DTC gains; earlier commentary flagged these risks heading into the print. Continued scrutiny could limit upside if growth slows. Wolverine World Wide earnings on deck as Saucony concerns loom
• Negative Sentiment: Guidance largely in‑line with estimates (not a clear upside beat) and the company carries meaningful leverage (debt/equity ~1.4), which could temper longer‑term multiple expansion. Why Wolverine World Wide, Inc.’s (WWW) Stock Is Up 13.80%

Analyst Ratings Changes

WWW has been the subject of several research reports. Robert W. Baird lowered their price objective on shares of Wolverine World Wide from $35.00 to $23.00 and set an “outperform” rating for the company in a research report on Thursday, November 6th. Argus reaffirmed a “hold” rating on shares of Wolverine World Wide in a research note on Friday, January 23rd. Zacks Research cut Wolverine World Wide from a “hold” rating to a “strong sell” rating in a report on Friday, January 2nd. Telsey Advisory Group reissued a “market perform” rating and issued a $18.00 price target on shares of Wolverine World Wide in a research note on Friday, February 20th. Finally, Stifel Nicolaus set a $25.00 price objective on Wolverine World Wide in a research report on Thursday, November 6th. Four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $21.38.

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.