Wolverine World Wide (NYSE:WWW) Releases Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Posted by Brenda Bartman on Aug 13th, 2026

Wolverine World Wide (NYSE:WWW – Get Free Report) announced its earnings results on Thursday. The textile maker reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.02, FiscalAI reports. The business had revenue of $506.40 million during the quarter, compared to analyst estimates of $500.74 million. Wolverine World Wide had a net margin of 5.41% and a return on equity of 29.37%. Wolverine World Wide’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.32 earnings per share. Wolverine World Wide updated its FY 2026 guidance to 1.550-1.650 EPS.

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

Second-quarter results exceeded expectations: Revenue rose 6% on a constant-currency basis to $506 million, adjusted EPS increased 14% to $0.40, and adjusted operating margin expanded 80 basis points to 10%.
Wolverine World Wide raised its fiscal 2026 outlook, now expecting revenue of $1.98 billion–$2.00 billion, adjusted EPS of $1.55–$1.65, adjusted operating margin of approximately 9.9%, and operating free cash flow of $115 million–$130 million.
Merrell and Saucony continued to drive growth, with quarterly revenue up 10% and 9%, respectively. Saucony’s full-year outlook was raised to mid-teens growth, while Merrell continued gaining U.S. hike-category market share.
Sweaty Betty and Wolverine showed early signs of improvement but remain uneven. Sweaty Betty declined 3% due to its U.S. reset, while Wolverine grew high single digits yet faces continued marketplace recalibration and potential near-term retail volatility.
Tariffs and higher oil prices remain pressure points, with an estimated unmitigated tariff headwind of roughly $48 million for 2026. Direct-to-consumer performance also remains a work in progress, including a decline for Merrell as marketing spending shifted toward longer-term brand building.

Wolverine World Wide Trading Up 10.2%

Wolverine World Wide stock traded up $1.84 during trading hours on Thursday, reaching $19.90. The company had a trading volume of 560,140 shares, compared to its average volume of 1,171,374. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.53 and a quick ratio of 0.89. The company has a 50-day moving average price of $17.95 and a 200 day moving average price of $17.37. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of 16.03 and a beta of 1.73. Wolverine World Wide has a 12-month low of $13.47 and a 12-month high of $32.80.

Wolverine World Wide Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Thursday, October 1st will be given 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 Thursday, October 1st. Wolverine World Wide’s dividend payout ratio (DPR) is presently 32.26%.

Wall Street Analysts Forecast Growth

WWW has been the subject of several research analyst reports. Robert W. Baird dropped their price target on Wolverine World Wide from $27.00 to $24.00 and set an “outperform” rating for the company in a research note on Friday, May 15th. Zacks Research lowered Wolverine World Wide from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Weiss Ratings raised Wolverine World Wide from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, June 11th. Wall Street Zen downgraded Wolverine World Wide from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Finally, Telsey Advisory Group cut their target price on Wolverine World Wide from $22.00 to $18.00 and set a “market perform” rating for the company in a research note on Friday, May 15th. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $22.12.

View Our Latest Stock Report on Wolverine World Wide

Key Stories Impacting Wolverine World Wide

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

Positive Sentiment: Wolverine reported second-quarter adjusted EPS of $0.40, above the $0.38 analyst consensus and up from $0.32 a year earlier. Revenue reached $506.4 million, exceeding expectations of $500.7 million and increasing 6.8% year over year. Wolverine World Wide quarterly earnings report
Positive Sentiment: The company updated its fiscal 2026 outlook to EPS of $1.55–$1.65, with the midpoint modestly above the $1.56 consensus estimate. Revenue guidance remains approximately $2.0 billion, broadly in line with expectations. Wolverine World Wide earnings and revenue beat estimates
Positive Sentiment: Needham raised its price target for WWW from $21 to $24 and upgraded the stock to Buy, signaling increased confidence in the company’s earnings outlook and suggesting additional upside from recent trading levels. Needham raises Wolverine World Wide price target
Neutral Sentiment: Investors are also evaluating key operating metrics from the quarter, including brand performance and comparisons with Wall Street estimates and the prior-year period. The earnings release highlighted results across Wolverine’s portfolio, including Merrell and Saucony. Wolverine World Wide Q2 key metrics

Insiders Place Their Bets

In other news, Director Brenda J. Lauderback sold 5,500 shares of the stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $15.88, for a total transaction of $87,340.00. Following the completion of the sale, the director owned 54,202 shares of the company’s stock, valued at approximately $860,727.76. This represents a 9.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.50% of the company’s stock.

Institutional Investors Weigh In On Wolverine World Wide

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WWW. HRT Financial LP purchased a new stake in Wolverine World Wide in the fourth quarter worth $266,000. EntryPoint Capital LLC purchased a new position in Wolverine World Wide during the 4th quarter valued at $267,000. CIBC Bancorp USA Inc. purchased a new position in Wolverine World Wide during the 3rd quarter valued at $236,000. Integrated Investment Consultants LLC purchased a new stake in Wolverine World Wide in the third quarter worth about $261,000. Finally, Hancock Whitney Corp bought a new stake in Wolverine World Wide during the 3rd quarter valued at approximately $267,000. 90.25% of the stock is currently owned by institutional investors.

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.