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

Wolverine World Wide (NYSE:WWW) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.950-1.990 for the period, compared to the consensus estimate of 1.650. The company issued revenue guidance of $2.0 billion, compared to the consensus revenue estimate of $2.0 billion.

Wolverine World Wide Stock Performance

NYSE WWW opened at $21.99 on Thursday. The business’s 50 day moving average price is $19.93 and its 200-day moving average price is $18.22. Wolverine World Wide has a fifty-two week low of $14.00 and a fifty-two week high of $23.84. The company has a market cap of $1.80 billion, a P/E ratio of 14.86, a P/E/G ratio of 1.47 and a beta of 1.67. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.98 and a current ratio of 1.55.

Wolverine World Wide (NYSE:WWW) last issued its quarterly earnings results on Thursday, November 12th. The textile maker reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.33. The company had revenue of $505.40 million during the quarter, compared to the consensus estimate of $500.08 million. Wolverine World Wide had a return on equity of 28.50% and a net margin of 5.55%. Wolverine World Wide has set its FY 2026 guidance at 1.950-1.990 EPS. Sell-side analysts predict that Wolverine World Wide will post 1.64 earnings per share for the current year.

Wolverine World Wide Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, February 1st. Stockholders of record on Monday, January 4th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Monday, January 4th. Wolverine World Wide’s dividend payout ratio (DPR) is 31.01%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. UBS Group lifted their price target on shares of Wolverine World Wide from $29.00 to $31.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Needham & Company LLC increased their price objective on shares of Wolverine World Wide from $21.00 to $24.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. Wall Street Zen raised shares of Wolverine World Wide from a “hold” rating to a “buy” rating in a research note on Sunday, October 4th. KeyCorp reissued an “overweight” rating and issued a $25.00 price objective on shares of Wolverine World Wide in a research note on Thursday, August 13th. Finally, Robert W. Baird boosted their target price on Wolverine World Wide from $24.00 to $26.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. Five analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Wolverine World Wide presently has an average rating of “Hold” and a consensus target price of $23.11.

About Wolverine World Wide

Wolverine World Wide, Inc. is a footwear and apparel company that designs, markets and distributes products through a portfolio of consumer and workwear brands. Its brands include Merrell, Saucony, Sweaty Betty, Wolverine, Chaco and Bates, with offerings that span outdoor, athletic, casual and occupational footwear, as well as apparel and accessories. Founded in 1883 in Rockford, Michigan, the company has expanded from its early roots in leather and footwear manufacturing into an international brand business.