WWW Stock Forecast & Price Target

Wolverine World Wide Inc anticipates a substantial financial performance, projecting FY25 revenues between $1.855 billion and $1.870 billion, reflecting a year-over-year increase of approximately 6.0%-6.8%. The company's gross margin is expected to expand to around 46.3%, a 270 basis point improvement year-over-year, while the operating margin is forecasted at 10.5%, representing a 60 basis point increase. Notably, the Active Group segment, driven by strong sales from Merrell and Saucony, is projected to contribute significantly to revenue growth, highlighting the firm's positive market positioning and effective product pipeline.

Wolverine World Wide Inc. reported a year-over-year decline in Total inventories of 0.7%, which contrasts with a net sales growth of 6.9%, indicating potential inefficiencies in inventory management relative to sales performance. The company is facing ongoing challenges in its Work Group segment, which is projected to experience a high single-digit decline year-over-year, contributing to downward revisions in the earnings per share guidance for the fourth quarter and highlighting a prolonged recovery process. Additionally, the anticipated gross margin for the upcoming fiscal year has been adjusted downwards to 45%-46%, falling short of the prior consensus and reflecting escalating tariff pressures and challenges in the broader macroeconomic context, thereby clouding the company’s earnings outlook.