WWW Stock Forecast & Price Target

Wolverine World Wide Inc. demonstrates a positive financial outlook with an expected gross margin of approximately 46.3%, which reflects a 270 basis points year-over-year increase, and an operating margin projected at 10.5%, up 60 basis points from the prior year. The company is forecasting revenues between $1.855 billion and $1.870 billion for FY25, marking a year-over-year growth of 6.0% to 6.8%, driven significantly by the Active Group segment, particularly through its Merrell and Saucony brands that are anticipated to contribute to nearly two-thirds of total revenue growth. Additionally, the recent 6.9% increase in net revenues, alongside improved marketplace positioning and a robust product pipeline, further supports a strong outlook for Wolverine World Wide.

Wolverine World Wide Inc reported a decline in its Direct-to-Consumer (DTC) revenue by 4.9% year-over-year, indicating weakening demand despite a slight decrease in total inventory. The company also adjusted its fourth-quarter EPS guidance to a range of $0.39-$0.44, falling short of the consensus estimate of $0.47, primarily due to prolonged recovery challenges in its Work Group segment. Additionally, the anticipated gross margin for the following year was revised down to 45%-46%, below prior expectations, heightening concerns over future earnings amidst tariff pressures and a difficult macroeconomic environment.