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

Wolverine World Wide (NYSE:WWW) updated 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 Down 0.7%

Wolverine World Wide stock opened at $18.07 on Thursday. The company has a market capitalization of $1.48 billion, a P/E ratio of 14.57 and a beta of 1.73. The firm’s fifty day simple moving average is $17.95 and its 200-day simple moving average is $17.37. The company has a current ratio of 1.53, a quick ratio of 0.89 and a debt-to-equity ratio of 1.26. Wolverine World Wide has a 1-year low of $13.47 and a 1-year high of $32.80.

Wolverine World Wide (NYSE:WWW) last issued its quarterly earnings data on Thursday, August 13th. The textile maker reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.02. The business 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 5.41% and a return on equity of 29.37%. Wolverine World Wide has set its FY 2026 guidance at 1.550-1.650 EPS. Sell-side analysts forecast that Wolverine World Wide will post 1.56 earnings per share for the current fiscal year.

Wolverine World Wide Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Thursday, October 1st will be issued a $0.10 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $0.40 annualized dividend and a dividend yield of 2.2%. Wolverine World Wide’s dividend payout ratio is presently 32.26%.

Analyst Ratings Changes

WWW has been the topic of several recent analyst reports. Wall Street Zen downgraded Wolverine World Wide from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Telsey Advisory Group reduced 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. Robert W. Baird decreased their price target on shares of Wolverine World Wide from $27.00 to $24.00 and set an “outperform” rating on the stock in a research note on Friday, May 15th. Weiss Ratings upgraded shares of Wolverine World Wide from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, June 11th. Finally, Zacks Research cut Wolverine World Wide from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. Five investment 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, Wolverine World Wide presently has an average rating of “Hold” and an average target price of $21.75.

Insider Buying and Selling

In other Wolverine World Wide news, Director Brenda J. Lauderback sold 5,500 shares of the company’s stock in a transaction on Thursday, May 21st. The shares were 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 in the company, valued at approximately $860,727.76. The trade was a 9.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.50% of the company’s stock.

Institutional Investors Weigh In On Wolverine World Wide

Several large investors have recently bought and sold shares of the company. HRT Financial LP bought a new position in shares of Wolverine World Wide during the fourth quarter worth $266,000. EntryPoint Capital LLC bought a new stake in shares of Wolverine World Wide in the 4th quarter valued at $267,000. CIBC Bancorp USA Inc. bought a new stake in shares of Wolverine World Wide in the 3rd quarter valued at $236,000. Integrated Investment Consultants LLC acquired a new stake in Wolverine World Wide during the 3rd quarter worth $261,000. Finally, Hancock Whitney Corp acquired a new stake in Wolverine World Wide during the 3rd quarter worth $267,000. 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.