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

Wolverine World Wide (NYSE:WWW) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.430-1.580 for the period, compared to the consensus 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.

Analysts Set New Price Targets

Several research firms have weighed in on WWW. Robert W. Baird increased their target price on Wolverine World Wide from $23.00 to $27.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. KeyCorp increased their target price on Wolverine World Wide from $24.00 to $25.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. BNP Paribas Exane lowered Wolverine World Wide from an “outperform” rating to a “neutral” rating and cut their target price for the company from $38.00 to $19.00 in a research note on Thursday, January 22nd. Zacks Research raised Wolverine World Wide from a “strong sell” rating to a “hold” rating in a research note on Friday, February 27th. Finally, Argus reissued a “hold” rating on shares of Wolverine World Wide in a research note on Friday, January 23rd. Five equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Wolverine World Wide currently has an average rating of “Hold” and a consensus target price of $22.33.

Wolverine World Wide Stock Down 0.9%

NYSE:WWW opened at $15.58 on Thursday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.87 and a current ratio of 1.40. The company has a market cap of $1.28 billion, a PE ratio of 13.78 and a beta of 1.75. Wolverine World Wide has a 52-week low of $13.47 and a 52-week high of $32.80. The stock has a 50-day simple moving average of $16.80 and a 200 day simple moving average of $17.66.

Wolverine World Wide (NYSE:WWW) last posted its quarterly earnings data on Thursday, February 26th. The textile maker reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. Wolverine World Wide had a return on equity of 29.84% and a net margin of 5.06%.The business had revenue of $517.50 million during the quarter, compared to the consensus estimate of $510.49 million. During the same period last year, the company earned $0.40 earnings per share. Wolverine World Wide’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. On average, sell-side analysts expect that Wolverine World Wide will post 1.48 EPS for the current fiscal year.

Wolverine World Wide Announces Dividend

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Thrivent Financial for Lutherans boosted its position in Wolverine World Wide by 1.3% during the second quarter. Thrivent Financial for Lutherans now owns 59,742 shares of the textile maker’s stock valued at $1,074,000 after purchasing an additional 782 shares during the last quarter. LPL Financial LLC boosted its position in Wolverine World Wide by 8.0% during the fourth quarter. LPL Financial LLC now owns 16,346 shares of the textile maker’s stock valued at $297,000 after purchasing an additional 1,217 shares during the last quarter. Quadrant Capital Group LLC boosted its position in 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 purchasing an additional 1,232 shares during the last quarter. Raymond James Financial Inc. boosted its position in Wolverine World Wide by 2.1% during the second quarter. Raymond James Financial Inc. now owns 67,595 shares of the textile maker’s stock valued at $1,222,000 after purchasing an additional 1,395 shares during the last quarter. Finally, Canada Pension Plan Investment Board acquired a new position in Wolverine World Wide during the second quarter valued at approximately $34,000. 90.25% of the stock is owned by institutional investors and hedge funds.

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.