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

Wolverine World Wide (NYSE:WWWGet Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.350-1.500 for the period, compared to the consensus EPS estimate of 1.350. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion.

Wall Street Analyst Weigh In

WWW has been the topic of several recent analyst reports. BNP Paribas Exane cut Wolverine World Wide from an “outperform” rating to a “neutral” rating and lowered their price target for the company from $38.00 to $19.00 in a report on Thursday, January 22nd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Wolverine World Wide in a research note on Monday, December 29th. Stifel Nicolaus set a $25.00 price target on shares of Wolverine World Wide in a research note on Thursday, November 6th. UBS Group lowered their price objective on shares of Wolverine World Wide from $28.00 to $26.00 and set a “buy” rating on the stock in a research report on Thursday, January 8th. Finally, KeyCorp reduced their target price on Wolverine World Wide from $32.00 to $24.00 and set an “overweight” rating on the stock in a research note on Thursday, November 6th. Four research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $21.88.

Read Our Latest Stock Analysis on Wolverine World Wide

Wolverine World Wide Stock Performance

Wolverine World Wide stock opened at $20.04 on Friday. The firm has a fifty day simple moving average of $18.19 and a two-hundred day simple moving average of $22.09. The company has a quick ratio of 0.79, a current ratio of 1.34 and a debt-to-equity ratio of 1.40. Wolverine World Wide has a twelve month low of $9.58 and a twelve month high of $32.80. The company has a market capitalization of $1.64 billion, a PE ratio of 19.27 and a beta of 1.91.

Wolverine World Wide (NYSE:WWWGet Free Report) last released its quarterly earnings data on Thursday, February 26th. The textile maker reported $0.45 EPS for the quarter, topping the consensus estimate of $0.44 by $0.01. Wolverine World Wide had a return on equity of 31.43% and a net margin of 4.73%.The firm had revenue of $517.50 million for the quarter, compared to the consensus estimate of $510.49 million. During the same quarter in the previous year, the business earned $0.40 earnings per share. The company’s quarterly revenue was up 4.6% on a year-over-year basis. Wolverine World Wide has set its FY 2026 guidance at 1.350-1.500 EPS. Research analysts expect that Wolverine World Wide will post 1.23 EPS for the current year.

Wolverine World Wide Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Wednesday, April 1st will be given a $0.10 dividend. The ex-dividend date is Wednesday, April 1st. This represents a $0.40 annualized dividend and a yield of 2.0%. Wolverine World Wide’s payout ratio is presently 38.46%.

More Wolverine World Wide News

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

Institutional Investors Weigh In On Wolverine World Wide

Large investors have recently added to or reduced their stakes in the company. Hancock Whitney Corp purchased a new stake in shares of Wolverine World Wide in the 3rd quarter worth about $267,000. HRT Financial LP bought a new position in Wolverine World Wide in the fourth quarter worth about $266,000. Integrated Investment Consultants LLC purchased a new stake in Wolverine World Wide in the third quarter worth about $261,000. CIBC Bancorp USA Inc. purchased a new stake in Wolverine World Wide in the third quarter worth about $236,000. Finally, VARCOV Co. bought a new stake in Wolverine World Wide during the 4th quarter valued at approximately $227,000. Institutional investors own 90.25% of the company’s stock.

About Wolverine World Wide

(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.

See Also

Earnings History and Estimates for Wolverine World Wide (NYSE:WWW)

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