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

Wolverine World Wide (NYSE:WWWGet Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. 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.

Wolverine World Wide Trading Down 11.7%

NYSE WWW opened at $17.64 on Friday. Wolverine World Wide has a one year low of $9.58 and a one year high of $32.80. The firm has a market cap of $1.45 billion, a PE ratio of 15.61 and a beta of 1.91. The firm’s fifty day moving average is $18.18 and its two-hundred day moving average is $22.03. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.79 and a current ratio of 1.34.

Wolverine World Wide (NYSE:WWWGet Free Report) last issued its quarterly earnings results on Thursday, February 26th. The textile maker reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.01. The firm had revenue of $517.50 million during the quarter, compared to the consensus estimate of $510.49 million. Wolverine World Wide had a return on equity of 31.24% 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 last year, the company earned $0.40 earnings per share. Wolverine World Wide has set its FY 2026 guidance at 1.350-1.500 EPS. Analysts expect that Wolverine World Wide will post 1.23 earnings per share for the current year.

Wolverine World Wide Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Wednesday, April 1st will be issued a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $0.40 dividend on an annualized basis and a yield of 2.3%. Wolverine World Wide’s dividend payout ratio (DPR) is 38.46%.

Wall Street Analysts Forecast Growth

WWW has been the subject of several recent analyst reports. UBS Group reduced their price objective on shares of Wolverine World Wide from $28.00 to $26.00 and set a “buy” rating for the company in a research note on Thursday, January 8th. BNP Paribas Exane downgraded Wolverine World Wide from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from $38.00 to $19.00 in a research note on Thursday, January 22nd. Weiss Ratings reissued a “hold (c-)” rating on shares of Wolverine World Wide in a research note on Monday, December 29th. Stifel Nicolaus set a $25.00 target price on shares of Wolverine World Wide in a research report on Thursday, November 6th. Finally, Robert W. Baird raised their price objective on shares of Wolverine World Wide from $23.00 to $27.00 and gave the stock an “outperform” rating in a research note on Friday. Four equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $22.50.

View Our Latest Research Report on WWW

More Wolverine World Wide News

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Institutional Investors Weigh In On Wolverine World Wide

Several hedge funds have recently modified their holdings of the stock. Canada Pension Plan Investment Board acquired a new position in Wolverine World Wide during the 2nd quarter worth approximately $34,000. Global Retirement Partners LLC boosted its holdings 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 grew its stake in Wolverine World Wide by 68.1% during the 4th quarter. Quadrant Capital Group LLC now owns 3,040 shares of the textile maker’s stock valued at $55,000 after purchasing an additional 1,232 shares in the last quarter. Larson Financial Group LLC raised its position in shares of Wolverine World Wide by 13,834.3% in the 3rd quarter. Larson Financial Group LLC now owns 4,877 shares of the textile maker’s stock valued at $134,000 after purchasing an additional 4,842 shares in the last quarter. Finally, PharVision Advisers LLC purchased a new position in shares of Wolverine World Wide during the 3rd quarter valued at approximately $211,000. 90.25% of the stock is owned by institutional investors and hedge funds.

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.

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

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