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

Wolverine World Wide (NYSE:WWW) 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 EPS 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 Up 1.4%

NYSE:WWW opened at $21.99 on Thursday. The stock’s fifty day moving average price is $19.93 and its two-hundred day moving average price is $18.22. Wolverine World Wide has a 52-week low of $14.00 and a 52-week high of $23.84. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.98 and a current ratio of 1.55. The company has a market cap of $1.80 billion, a price-to-earnings ratio of 17.04, a P/E/G ratio of 1.47 and a beta of 1.67.

Wolverine World Wide (NYSE:WWW) last announced its quarterly earnings data on Thursday, November 12th. The textile maker reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.33. The firm had revenue of $505.40 million for the quarter, compared to analyst estimates of $500.08 million. Wolverine World Wide had a return on equity of 28.50% and a net margin of 5.55%. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period last year, the company earned $0.36 EPS. Wolverine World Wide has set its FY 2026 guidance at 1.950-1.990 EPS. On average, analysts anticipate that Wolverine World Wide will post 1.64 EPS for the current year.

Wolverine World Wide Announces Dividend

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

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Zacks Research lowered Wolverine World Wide from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 30th. Seaport Research Partners restated a “buy” rating and set a $30.00 target price on shares of Wolverine World Wide in a research report on Friday, August 14th. KeyCorp reaffirmed an “overweight” rating and issued a $25.00 target price on shares of Wolverine World Wide in a research note on Thursday, August 13th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Wolverine World Wide in a research report on Tuesday, September 8th. Finally, Robert W. Baird lifted their target price on shares of Wolverine World Wide from $24.00 to $26.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Wolverine World Wide has a consensus 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.