WWW Stock Forecast & Price Target

Wolverine World Wide Inc is projecting a gross margin of approximately 46.3% for the upcoming fiscal year, representing a 270 basis points increase year-over-year, alongside an expected operating margin of 10.5%, up 60 basis points YoY. Revenue forecasts suggest a growth to between $1.855 billion and $1.870 billion, reflecting a rise of 6.0% to 6.8% YoY, driven primarily by the Active Group segment which is expected to see low double-digit growth at constant currency. Additionally, the company's strong brand positioning and enhanced product pipeline are anticipated to contribute to ongoing revenue expansion, particularly through key brands such as Merrell and Saucony, which are expected to account for nearly two-thirds of total revenue growth.

Wolverine World Wide Inc. has reported a 0.7% year-over-year decline in inventory alongside a 6.9% increase in net sales, highlighting a misalignment between inventory management and sales performance. The company continues to experience difficulties within its Work Group segment, leading to an expectation of high-single-digit declines year-over-year at constant currency, which, combined with lower-than-expected gross margin projections and ongoing tariff pressures, raises concerns about future profitability. Additionally, a decrease in direct-to-consumer revenue and an overall challenging macroeconomic environment exacerbate the uncertainties surrounding Wolverine's financial outlook moving forward.