Wolverine World Wide (NYSE:WWW) Shares Gap Up After Better-Than-Expected Earnings

Wolverine World Wide, Inc. (NYSE:WWW)’s stock price gapped up prior to trading on Thursday following a stronger than expected earnings report. The stock had previously closed at $18.04, but opened at $20.80. Wolverine World Wide shares last traded at $20.4610, with a volume of 219,226 shares changing hands.

The textile maker reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. The company had revenue of $517.50 million during the quarter, compared to the consensus estimate of $510.49 million. Wolverine World Wide had a net margin of 4.73% and a return on equity of 31.43%. The company’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.40 EPS. Wolverine World Wide has set its FY 2026 guidance at 1.350-1.500 EPS.

Wolverine World Wide Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Wednesday, April 1st will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $0.40 annualized dividend and a dividend yield of 2.0%. Wolverine World Wide’s payout ratio is 38.46%.

Wolverine World Wide News Summary

Here are the key news stories impacting Wolverine World Wide this week:

• Positive Sentiment: Q4 beat: Wolverine reported EPS of $0.45 versus a $0.44 consensus and revenue of $517.5M versus $510.5M expected; revenue was up ~4.6% year-over-year — the core beat is the primary catalyst for the move. Zacks: Q4 Earnings and Revenues Top Estimates
• Positive Sentiment: Brand-led growth: Merrell and Saucony continued to lead sales in Q4, with Saucony showing strong direct‑to‑consumer (DD) gains — evidence of improving product/marketing execution and higher-margin channel mix. SGB Online: Q4 Growth Led by Strong DD Gain at Saucony
• Positive Sentiment: FY‑2026 guidance provided: Management gave an EPS range of 1.350–1.500 for FY‑26 (consensus ~1.350), with revenue guidance around $2.0B — the guidance range (and upper end above consensus) supports upside to estimates and reduces near‑term forecast uncertainty. MarketWatch: Shares Climb After FY26 Outlook, 4Q Revenue Beat
• Neutral Sentiment: Investor materials: Management posted a press release, slide deck and hosted a conference call (useful for details on brand trends, margin assumptions and inventory/price mix). MarketBeat: Press Release / Call / Slide Deck
• Neutral Sentiment: Technical/volume context: Trading volume is significantly above average and the stock has moved above the 50‑day moving average but remains below the 200‑day — short‑term momentum improved, but longer-term trend still mixed.
• Negative Sentiment: Legacy concerns around Saucony: Pre‑earnings coverage flagged risks at Saucony (execution/positioning), so investors should watch whether current DD momentum is sustainable and whether inventory/margin dynamics hold through FY‑26. Investing.com: Saucony Concerns Loomed Pre‑Earnings

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on WWW shares. BNP Paribas Exane cut shares of Wolverine World Wide from an “outperform” rating to a “neutral” rating and decreased their target price for the company from $38.00 to $19.00 in a research note on Thursday, January 22nd. Stifel Nicolaus set a $25.00 price target on shares of Wolverine World Wide in a research note on Thursday, November 6th. Robert W. Baird decreased their price objective on shares of Wolverine World Wide from $35.00 to $23.00 and set an “outperform” rating for the company in a research report on Thursday, November 6th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $18.00 target price on shares of Wolverine World Wide in a report on Friday, February 20th. Finally, UBS Group cut their target price on shares of Wolverine World Wide from $28.00 to $26.00 and set a “buy” rating for the company in a research note on Thursday, January 8th. Four investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $21.38.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Oxbow Capital Management HK Ltd bought a new position in Wolverine World Wide during the 3rd quarter worth $54,431,000. Hennessy Advisors Inc. bought a new stake in shares of Wolverine World Wide in the third quarter valued at about $36,556,000. Callodine Capital Management LP grew its stake in shares of Wolverine World Wide by 41.0% in the second quarter. Callodine Capital Management LP now owns 4,297,586 shares of the textile maker’s stock valued at $77,700,000 after acquiring an additional 1,250,515 shares in the last quarter. Alua Capital Management LP bought a new position in Wolverine World Wide during the third quarter worth about $33,231,000. Finally, Massachusetts Financial Services Co. MA acquired a new stake in Wolverine World Wide in the 4th quarter worth about $21,687,000. 90.25% of the stock is owned by institutional investors and hedge funds.

Wolverine World Wide Stock Performance

The stock’s 50-day simple moving average is $18.19 and its 200-day simple moving average is $22.09. The stock has a market cap of $1.64 billion, a price-to-earnings ratio of 19.27 and a beta of 1.91. The company has a current ratio of 1.34, a quick ratio of 0.79 and a debt-to-equity ratio of 1.40.

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.