← Back

Wolverine World Wide Inc

Wolverine World Wide, Inc. designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories across the United States, Europe, the Middle East, Africa, Asia Pacific, Canada, and Latin America. It operates through two segments: Active Group and Work Group. The company offers casual, performance outdoor and athletic, and kids' footwear and apparel, as well as industrial work boots and apparel, and uniform shoes and boots. Its brands include Bates, Cat, Chaco, Harley-Davidson, Hush Puppies, Hytest, Merrell, Saucony, Sperry, Keds, Sweaty Betty, and Wolverine, and it licenses the Stride Rite brand. Founded in 1883, the company is headquartered in Rockford, Michigan.

Country
Sector
Price · split & dividend adjusted
News & notes moving WWW
WWW▲3

Wolverine World Wide Shares Climb 11.1% on Strong Q2 and Raised Guidance

Wolverine World Wide shares gained 11.1% in the past week after the company reported second-quarter revenue of $506.4 million, up 6.8% year over year and above the Zacks Consensus Estimate of $502 million, while adjusted earnings rose 14.3% to 40 cents per share, beating the 38-cent consensus. Management raised fiscal 2026 revenue guidance to $1.98-$2 billion from $1.96-$1.985 billion and lifted adjusted earnings guidance to $1.55-$1.65 per share from $1.43-$1.58. Merrell and Saucony, which together represent roughly two-thirds of Wolverine's business, remained the main growth engines, with Merrell revenues up 10.3% in constant currency and Saucony up 9%. However, second-quarter gross margin fell 70 basis points to 46.5%, including an approximately 310-basis-point unmitigated tariff impact, and the third-quarter outlook still assumes an estimated 180-basis-point unmitigated tariff headwind. WWW trades at 11.65 times forward 12-month earnings per share, below 19.21 times for its Zacks sub-industry and 20.55 times for the S&P 500, and currently carries a Zacks Rank #2 (Buy) with a VGM Score of A.
WWW ▲
Zacks Investment Research·28dRead more →
WWW

Consumer Discretionary Footwear Stocks Post Strong Q1, Led by Genesco and Deckers

Consumer discretionary footwear stocks reported a strong first quarter, with the seven companies tracked beating revenue estimates by 1.7% on average. Nike, the largest in the group, posted flat revenues of $11.28 billion, in line with expectations, but its stock fell 14.5% since reporting. Genesco delivered the biggest analyst estimate beat, with revenues of $487 million up 2.8% year on year, though its stock dipped 2%. Deckers outperformed with revenues of $1.12 billion, up 9.6%, and issued the highest full-year guidance raise among peers, sending its stock up 5.8%. Caleres, the weakest performer, saw revenues rise 8.5% to $666.6 million but provided disappointing EPS guidance, and its stock dropped 7%. Wolverine Worldwide grew revenues 11% to $457.6 million and beat estimates, yet gave the weakest full-year guidance update, though its stock rose 13.2%. Overall, share prices of the group have been resilient, averaging a 5.1% gain since their latest earnings results.
CAL ▼DECK ▲GCO NKE ▼WWW
StockStory·91dRead more →
© 2026 MarketDXAsset