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Wolverine World Wide (WWW)
NYSE:WWW
Earnings Data
Report Date
May 13, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.21Last Year’s EPS
0.18Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed solid execution and notable progress: full-year revenue growth, significant margin expansion, a 53% increase in adjusted EPS, strong Free Cash Flow and debt reduction, and standout brand momentum (notably Saucony and Merrell). Management provided constructive 2026 guidance with continued brand investments and disciplined cost actions. Key headwinds include meaningful tariff-driven margin pressure, ongoing recalibration of the Wolverine and Work Group businesses, Sweaty Betty's U.S. reset, and distribution rationalization for Saucony lifestyle—risks that management is addressing. On balance, the positive financial results, cash generation, and clear brand momentum materially outweigh the near-term operational and policy challenges.Company Guidance
Full-Year Revenue Growth
Fiscal 2025 revenue of $1.874 billion, up 7% reported and 6% on a constant currency basis (foreign currency benefit ~$14M). The 53rd week contributed ~70 basis points to revenue, concentrated in DTC.
Strong Margin Expansion
Full-year gross margin improved to 47.3%, up ~300 basis points year-over-year, driven by lower supply chain costs and a favorable mix toward full-price sales; full-year adjusted operating margin rose to 9.0%, up ~170 basis points.
Material EPS and Cash Flow Improvement
Adjusted diluted EPS increased 53% to $1.35 (from $0.88). Operating free cash flow was $126M (above $90M midpoint guidance), enabling net debt reduction of $81M to $415M and bank-defined leverage of ~2.0x.
Quarterly Outperformance vs. Guidance
Q4 revenue was $517M, above the guidance midpoint of $506M; reported Q4 growth +5% (constant currency +3%), with Active Group growth (Q4) +10% outperforming guidance.
Saucony Record Year and High Growth
Saucony delivered a record year (company noted a 30% increase vs. 2024) and Q4 revenue +24%; DTC for Saucony grew mid-teens in Q4. Management guides Saucony to low- to mid-teens growth in 2026.
Merrell Growth and Product Momentum
Merrell achieved high single-digit growth for the year and Q4 revenue +5%; DTC inflected to mid-single-digit growth in Q4. Key product franchises (Moab Speed 2, Moab 3, Agility Peak) showed strong sell-through and new launches (Agility Peak 6) tracking well.
Improved DTC Performance
Consolidated DTC revenue grew +4% in Q4 (benefiting from the 53rd week); Merrell and Saucony drove much of the DTC improvement with better holiday sell-through and return-to-growth in multiple regions.
Brand-Building Investments and Market Share Gains
Company increased marketing and brand-building (including major Saucony investments and Merrell sponsorships) while reporting market-share gains in key categories (e.g., Merrell in U.S. hike, Saucony in lifestyle).
Share Repurchase and Capital Allocation
Repurchased ~$15M of common stock in Q4 at an average price of $16.13 to offset dilution; ~$135M remains under current repurchase authorization; capital expenditures guided at ~$20M for 2026.
Prudent 2026 Financial Outlook
2026 revenue guidance of $1.96B–$1.985B (~5.2% growth at midpoint) with adjusted diluted EPS guidance $1.35–$1.50 and adjusted operating margin ~9.1%, reflecting revenue-led leverage despite tariff headwinds.
WWW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WWW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 26, 2026 | $18.04 | $19.98 | +10.75% |
Nov 05, 2025 | $21.96 | $16.63 | -24.28% |
Aug 06, 2025 | $23.29 | $26.73 | +14.81% |
May 08, 2025 | $14.58 | $16.08 | +10.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Wolverine World Wide (WWW) report earnings?
Wolverine World Wide (WWW) is schdueled to report earning on May 13, 2026, Before Open (Confirmed).
What is Wolverine World Wide (WWW) earnings time?
Wolverine World Wide (WWW) earnings time is at May 13, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WWW EPS forecast?
WWW EPS forecast for the fiscal quarter 2026 (Q1) is 0.21.
