Wolverine World Wide (WWW) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• Wolverine World Wide is set to release its Q2 2025 earnings on August 6th, with expectations of posting earnings of $0.22 per share and revenue of approximately $447.82 million.
• The company’s previous earnings report showed a revenue increase of 4.4% year-over-year, with earnings of $0.18 per share surpassing analysts' expectations.
• Shares of Wolverine World Wide are currently down 1.8%, with a market capitalization of $1.89 billion and a PE ratio of 26.87.

Wolverine World Wide (NYSE:WWW - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results before the market opens on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.22 per share and revenue of $447.82 million for the quarter. Wolverine World Wide has set its Q2 2025 guidance at 0.190-0.240 EPS.

Wolverine World Wide (NYSE:WWW - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The textile maker reported $0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.11 by $0.07. Wolverine World Wide had a net margin of 4.15% and a return on equity of 28.74%. The company had revenue of $412.30 million for the quarter, compared to the consensus estimate of $395.94 million. During the same period last year, the firm posted $0.11 EPS. The company's revenue for the quarter was up 4.4% on a year-over-year basis. On average, analysts expect Wolverine World Wide to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Wolverine World Wide Stock Performance

Shares of NYSE:WWW traded down $0.45 during trading on Friday, reaching $22.13. 1,896,699 shares of the company's stock traded hands, compared to its average volume of 1,393,247. The stock has a market capitalization of $1.79 billion, a P/E ratio of 25.44 and a beta of 1.74. Wolverine World Wide has a 12 month low of $9.58 and a 12 month high of $24.64. The company has a 50 day moving average of $19.19 and a 200-day moving average of $17.03. The company has a debt-to-equity ratio of 1.76, a current ratio of 1.26 and a quick ratio of 0.77.

Wolverine World Wide Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Wednesday, October 1st will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Wednesday, October 1st. Wolverine World Wide's dividend payout ratio is presently 45.98%.

Analysts Set New Price Targets

WWW has been the topic of several recent research reports. UBS Group raised their price target on Wolverine World Wide from $22.00 to $30.00 and gave the stock a "buy" rating in a report on Monday. Stifel Nicolaus lowered their price target on shares of Wolverine World Wide from $27.00 to $19.00 and set a "buy" rating for the company in a research report on Thursday, April 10th. Argus upgraded shares of Wolverine World Wide from a "hold" rating to a "buy" rating and set a $20.00 price objective on the stock in a research report on Friday, May 16th. Piper Sandler cut their target price on Wolverine World Wide from $27.00 to $18.00 and set an "overweight" rating on the stock in a research note on Friday, April 11th. Finally, Baird R W upgraded shares of Wolverine World Wide from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 21st. Two analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Wolverine World Wide currently has an average rating of "Moderate Buy" and an average price target of $20.75.

Institutional Trading of Wolverine World Wide

Hedge funds and other institutional investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. boosted its holdings in Wolverine World Wide by 55.6% during the first quarter. Goldman Sachs Group Inc. now owns 1,504,571 shares of the textile maker's stock worth $20,929,000 after buying an additional 537,854 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Wolverine World Wide by 13.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 227,688 shares of the textile maker's stock valued at $3,167,000 after acquiring an additional 26,870 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Wolverine World Wide by 5.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,480 shares of the textile maker's stock worth $660,000 after acquiring an additional 2,321 shares in the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of Wolverine World Wide by 295.7% during the 1st quarter. Royal Bank of Canada now owns 33,055 shares of the textile maker's stock worth $460,000 after acquiring an additional 24,701 shares in the last quarter. 90.25% of the stock is currently owned by institutional investors.

About Wolverine World Wide

Wolverine World Wide, Inc designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America. It operates through Active Group and Work Group segments. The company offers casual footwear and apparel; performance outdoor and athletic footwear and apparel; kids' footwear; industrial work boots and apparel; and uniform shoes and boots.