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

Wolverine World Wide (NYSE:WWW) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.550-1.650 for the period, compared to the consensus 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.

Wall Street Analyst Weigh In

WWW has been the subject of a number of recent analyst reports. Zacks Research downgraded shares of Wolverine World Wide from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Telsey Advisory Group reduced their target price on Wolverine World Wide from $22.00 to $18.00 and set a “market perform” rating on the stock in a report on Friday, May 15th. Robert W. Baird lowered their price target on Wolverine World Wide from $27.00 to $24.00 and set an “outperform” rating for the company in a research report on Friday, May 15th. Wall Street Zen lowered Wolverine World Wide from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Finally, Weiss Ratings upgraded Wolverine World Wide from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, June 11th. Five investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $21.75.

Wolverine World Wide Price Performance

Shares of NYSE WWW opened at $18.07 on Thursday. Wolverine World Wide has a 1-year low of $13.47 and a 1-year high of $32.80. The business has a 50-day moving average of $17.95 and a 200-day moving average of $17.37. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.53 and a quick ratio of 0.89. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 14.57 and a beta of 1.73.

Wolverine World Wide (NYSE:WWW) last released its quarterly earnings results on Thursday, August 13th. The textile maker reported $0.40 EPS for the quarter, topping the consensus estimate of $0.38 by $0.02. Wolverine World Wide had a return on equity of 29.37% and a net margin of 5.41%.The firm had revenue of $506.40 million for the quarter, compared to analyst estimates of $500.74 million. Wolverine World Wide has set its FY 2026 guidance at 1.550-1.650 EPS. On average, equities analysts anticipate that Wolverine World Wide will post 1.56 EPS for the current fiscal year.

Wolverine World Wide Announces Dividend

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

Insider Transactions at Wolverine World Wide

In related news, Director Brenda J. Lauderback sold 5,500 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $15.88, for a total value of $87,340.00. Following the sale, the director directly owned 54,202 shares in the company, valued at $860,727.76. This trade represents a 9.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.50% of the stock is owned by insiders.

Hedge Funds Weigh In On Wolverine World Wide

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans raised its holdings in Wolverine World Wide by 1.3% during the 2nd quarter. Thrivent Financial for Lutherans now owns 59,742 shares of the textile maker’s stock worth $1,074,000 after buying an additional 782 shares during the period. LPL Financial LLC lifted its holdings in shares of Wolverine World Wide by 8.0% in 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 in the last quarter. Quadrant Capital Group LLC boosted its position in shares of Wolverine World Wide by 68.1% in the fourth quarter. Quadrant Capital Group LLC now owns 3,040 shares of the textile maker’s stock worth $55,000 after buying an additional 1,232 shares during the period. Raymond James Financial Inc. boosted its position in shares of Wolverine World Wide by 2.1% in the second quarter. Raymond James Financial Inc. now owns 67,595 shares of the textile maker’s stock worth $1,222,000 after buying an additional 1,395 shares during the period. Finally, Canada Pension Plan Investment Board purchased a new position in shares of Wolverine World Wide during the second quarter valued at $34,000. 90.25% of the stock is owned by institutional investors.

About Wolverine World Wide

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.