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

Wolverine World Wide (NYSE:WWW) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (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.

Wolverine World Wide Price Performance

WWW stock opened at $21.09 on Friday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.89 and a current ratio of 1.55. The company’s fifty day moving average price is $18.13 and its 200-day moving average price is $17.41. Wolverine World Wide has a one year low of $13.47 and a one year high of $32.80. The company has a market capitalization of $1.73 billion, a PE ratio of 16.35 and a beta of 1.73.

Wolverine World Wide (NYSE:WWW) last posted its earnings results on Thursday, August 13th. The textile maker reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.02. The company had revenue of $506.40 million during the quarter, compared to analysts’ expectations of $500.74 million. Wolverine World Wide had a net margin of 5.55% and a return on equity of 28.50%. Wolverine World Wide’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the company posted $0.32 earnings per share. Wolverine World Wide has set its FY 2026 guidance at 1.550-1.650 EPS. On average, equities analysts anticipate that Wolverine World Wide will post 1.58 EPS for the current fiscal year.

Wolverine World Wide Dividend Announcement

The company also recently disclosed 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. The ex-dividend date is Thursday, October 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.9%. Wolverine World Wide’s dividend payout ratio (DPR) is presently 32.26%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Stifel Nicolaus lifted their target price on Wolverine World Wide from $25.00 to $26.00 and gave the stock a “buy” rating in a report on Friday. Needham & Company LLC increased their price target on Wolverine World Wide from $21.00 to $24.00 and gave the company a “buy” rating in a research note on Thursday. Seaport Research Partners restated a “buy” rating and set a $30.00 price target on shares of Wolverine World Wide in a report on Friday. Telsey Advisory Group restated a “market perform” rating and set a $21.00 price target on shares of Wolverine World Wide in a report on Friday. Finally, UBS Group lifted their price objective on Wolverine World Wide from $29.00 to $31.00 and gave the stock a “buy” rating in a research note on Friday. Five investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $23.50.

Insider Buying and Selling at Wolverine World Wide

In other news, Director Brenda J. Lauderback sold 5,500 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $15.88, for a total transaction of $87,340.00. Following the sale, the director directly owned 54,202 shares in the company, valued at approximately $860,727.76. This represents a 9.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.50% of the stock is currently owned by company insiders.

Key Headlines Impacting Wolverine World Wide

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

• Positive Sentiment: Q2 results exceeded expectations. Wolverine reported adjusted earnings of $0.40 per share, above the $0.38 consensus estimate and up from $0.32 a year earlier. Revenue rose 6.8% year over year to $506.4 million, surpassing estimates of approximately $500.7 million. Wolverine World Wide Q2 earnings and revenues beat estimates
• Positive Sentiment: Full-year guidance was raised or reaffirmed at a favorable level. Wolverine now expects fiscal 2026 adjusted EPS of $1.55-$1.65 and revenue of roughly $1.98 billion-$2.0 billion. The earnings range is broadly consistent with, and at the upper end above, the prior analyst consensus of $1.56, reinforcing confidence in the company’s outlook. Wolverine World Wide raises fiscal 2026 outlook
• Positive Sentiment: Brand momentum is improving. Merrell and Saucony showed strong demand, helping Wolverine gain market momentum and supporting expectations for continued sales growth and margin expansion. Management also outlined plans to sustain global growth at both brands. Wolverine CEO discusses Merrell and Saucony growth
• Positive Sentiment: Analysts raised their valuation targets. Stifel Nicolaus lifted its target from $25 to $26 with a Buy rating, Robert W. Baird raised its target from $24 to $26 with an Outperform rating, and Needham increased its target from $21 to $24 with a Buy rating. The revisions suggest analysts see additional upside following the earnings beat. Analysts raise forecasts for Wolverine World Wide

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of WWW. Thrivent Financial for Lutherans increased its position in Wolverine World Wide by 1.3% during the second quarter. Thrivent Financial for Lutherans now owns 59,742 shares of the textile maker’s stock valued at $1,074,000 after acquiring an additional 782 shares during the last quarter. LPL Financial LLC boosted its stake in shares of Wolverine World Wide by 8.0% during the 4th quarter. LPL Financial LLC now owns 16,346 shares of the textile maker’s stock worth $297,000 after purchasing an additional 1,217 shares during the period. Quadrant Capital Group LLC grew its holdings in 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 valued at $55,000 after purchasing an additional 1,232 shares during the last quarter. Raymond James Financial Inc. grew 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 purchasing an additional 1,395 shares during the last quarter. Finally, Canada Pension Plan Investment Board purchased a new stake in Wolverine World Wide in the 2nd quarter worth about $34,000. 90.25% of the stock is owned by hedge funds and other institutional investors.

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.