Wolverine World Wide (NYSE:WWW – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share 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 Stock Performance
WWW opened at $18.07 on Thursday. Wolverine World Wide has a 1-year low of $13.47 and a 1-year high of $32.80. The stock has a market cap of $1.48 billion, a P/E ratio of 14.57 and a beta of 1.73. The stock’s 50 day simple moving average is $17.95 and its 200 day simple moving average is $17.37. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.53 and a quick ratio of 0.89.
Wolverine World Wide (NYSE:WWW – Get Free Report) last issued its quarterly earnings data on Thursday, August 13th. The textile maker reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.02. The firm had revenue of $506.40 million during the quarter, compared to analysts’ expectations of $500.74 million. Wolverine World Wide had a return on equity of 29.37% and a net margin of 5.41%.During the same period in the previous year, the firm posted $0.32 earnings per share. Wolverine World Wide has set its FY 2026 guidance at 1.550-1.650 EPS. As a group, equities analysts anticipate that Wolverine World Wide will post 1.56 EPS for the current fiscal year.
Wolverine World Wide Announces Dividend
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on WWW shares. Wall Street Zen cut shares of Wolverine World Wide from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Telsey Advisory Group lowered their price target on shares of Wolverine World Wide from $22.00 to $18.00 and set a “market perform” rating on the stock in a research report on Friday, May 15th. Zacks Research downgraded Wolverine World Wide from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Weiss Ratings upgraded Wolverine World Wide from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, June 11th. Finally, Robert W. Baird cut their price target on Wolverine World Wide from $27.00 to $24.00 and set an “outperform” rating for the company in a report on Friday, May 15th. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $21.75.
View Our Latest Research Report on WWW
Insider Buying and Selling at Wolverine World Wide
In other news, Director Brenda J. Lauderback sold 5,500 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $15.88, for a total value of $87,340.00. Following the completion of the transaction, the director owned 54,202 shares of the company’s stock, valued at $860,727.76. The trade was a 9.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.50% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Canada Pension Plan Investment Board acquired a new stake in shares of Wolverine World Wide during the second quarter worth $34,000. Global Retirement Partners LLC increased its stake in Wolverine World Wide by 2,134.9% in the fourth quarter. Global Retirement Partners LLC now owns 2,883 shares of the textile maker’s stock valued at $52,000 after purchasing an additional 2,754 shares during the last quarter. Quadrant Capital Group LLC lifted its position in Wolverine World Wide by 68.1% during the fourth quarter. Quadrant Capital Group LLC now owns 3,040 shares of the textile maker’s stock worth $55,000 after buying an additional 1,232 shares during the period. Larson Financial Group LLC lifted its position in Wolverine World Wide by 13,834.3% during the third quarter. Larson Financial Group LLC now owns 4,877 shares of the textile maker’s stock worth $134,000 after buying an additional 4,842 shares during the period. Finally, PharVision Advisers LLC acquired a new stake in Wolverine World Wide in the 3rd quarter worth about $211,000. 90.25% of the stock is currently owned by institutional investors and hedge funds.
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.
Featured Stories
- Five stocks we like better than Wolverine World Wide
- Voyager Technologies: Space Force Deal Fuels Growth Despite Heavy Cash Burn
- Franco-Nevada Earnings: Gold Is Rallying, But Does the Stock Even Care?
- GE Vernova’s AI Power Boom Faces a Profit Test
- Cardinal Health Earnings: Can Perfection Get Priced In Twice?
Receive News & Ratings for Wolverine World Wide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wolverine World Wide and related companies with MarketBeat.com's FREE daily email newsletter.
