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

Key Points

• Wolverine World Wide set FY 2026 EPS guidance at $1.95–$1.99, above the analyst consensus of $1.65; revenue guidance is $2.0 billion, in line with expectations.
• In its latest quarter, the company reported EPS of $0.79 versus a $0.46 consensus and revenue of $505.4 million versus estimates of $500.08 million.
• The company declared a quarterly dividend of $0.10 per share, equivalent to $0.40 annually and a 1.8% yield. Analysts’ consensus rating is Hold, with a $23.11 average price target.

Wolverine World Wide (NYSE:WWW - Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided EPS 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 Trading Up 1.4%

Shares of WWW stock opened at $21.99 on Thursday. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.55 and a quick ratio of 0.98. Wolverine World Wide has a 1-year low of $14.00 and a 1-year high of $23.84. The stock has a market capitalization of $1.80 billion, a PE ratio of 14.86, a P/E/G ratio of 1.47 and a beta of 1.67. The business has a 50-day moving average of $19.93 and a 200 day moving average of $18.22.

Wolverine World Wide (NYSE:WWW - Get Free Report) last announced its quarterly earnings results on Thursday, November 12th. The textile maker reported $0.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.46 by $0.33. The company had revenue of $505.40 million for 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. As a group, sell-side analysts anticipate that Wolverine World Wide will post 1.64 earnings per share for the current year.

Wolverine World Wide Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $21.00 price objective on shares of Wolverine World Wide in a research report on Friday, August 14th. Needham & Company LLC increased their target price on Wolverine World Wide from $21.00 to $24.00 and gave the company a "buy" rating in a research note on Thursday, August 13th. Seaport Research Partners reissued a "buy" rating and issued a $30.00 target price on shares of Wolverine World Wide in a report on Friday, August 14th. UBS Group boosted their price target on Wolverine World Wide from $29.00 to $31.00 and gave the stock a "buy" rating in a research note on Friday, August 14th. Finally, Zacks Research downgraded Wolverine World Wide from a "strong-buy" rating to a "hold" rating in a report on Friday, October 30th. Five equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Wolverine World Wide has a consensus rating of "Hold" and a consensus price target of $23.11.

Wolverine World Wide Company Profile

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.

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