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

Wolverine World Wide (NYSE:WWW) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.430-1.580 for the period, compared to the consensus EPS estimate of 1.470. 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

Shares of NYSE WWW opened at $15.58 on Thursday. The company has a quick ratio of 0.87, a current ratio of 1.40 and a debt-to-equity ratio of 1.29. The business’s 50 day moving average is $16.80 and its two-hundred day moving average is $17.66. The company has a market cap of $1.28 billion, a P/E ratio of 13.78 and a beta of 1.75. Wolverine World Wide has a 12 month low of $13.47 and a 12 month high of $32.80.

Wolverine World Wide (NYSE:WWW) last issued its quarterly earnings results on Thursday, February 26th. The textile maker reported $0.45 EPS for the quarter, topping the consensus estimate of $0.44 by $0.01. The company had revenue of $517.50 million for the quarter, compared to the consensus estimate of $510.49 million. Wolverine World Wide had a return on equity of 29.84% and a net margin of 5.06%.The company’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.40 EPS. Wolverine World Wide has set its FY 2026 guidance at 1.350-1.500 EPS. On average, equities analysts expect that Wolverine World Wide will post 1.48 EPS for the current year.

Wolverine World Wide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Wednesday, July 1st will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Wednesday, July 1st. Wolverine World Wide’s payout ratio is currently 35.40%.

Analyst Upgrades and Downgrades

WWW has been the topic of several recent analyst reports. Telsey Advisory Group lifted their price target on Wolverine World Wide from $18.00 to $22.00 and gave the stock a “market perform” rating in a research report on Friday, February 27th. Argus reaffirmed a “hold” rating on shares of Wolverine World Wide in a research report on Friday, January 23rd. KeyCorp lifted their price target on Wolverine World Wide from $24.00 to $25.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Zacks Research raised Wolverine World Wide from a “strong sell” rating to a “hold” rating in a research report on Friday, February 27th. Finally, Robert W. Baird boosted their price objective on Wolverine World Wide from $23.00 to $27.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. Five investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $22.33.

Institutional Trading of Wolverine World Wide

Large investors have recently made changes to their positions in the business. Canada Pension Plan Investment Board bought a new stake in shares of Wolverine World Wide during the second quarter worth $34,000. Global Retirement Partners LLC lifted its stake in shares of Wolverine World Wide by 2,134.9% during the fourth quarter. Global Retirement Partners LLC now owns 2,883 shares of the textile maker’s stock valued at $52,000 after acquiring an additional 2,754 shares during the period. Quadrant Capital Group LLC lifted its stake in shares of 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 valued at $55,000 after acquiring an additional 1,232 shares during the period. Larson Financial Group LLC lifted its stake in Wolverine World Wide by 13,834.3% in the third quarter. Larson Financial Group LLC now owns 4,877 shares of the textile maker’s stock valued at $134,000 after buying an additional 4,842 shares during the period. Finally, Wilmington Savings Fund Society FSB acquired a new position in Wolverine World Wide in the fourth quarter valued at about $151,000. Institutional investors own 90.25% of the company’s stock.

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.