WWW Stock Forecast & Price Target

Wolverine World Wide Inc. is poised for growth, with projected revenues for FY25 between $1.855 billion and $1.870 billion, representing a year-over-year increase of approximately 6.0% to 6.8%. The company's gross margin is anticipated to reach around 46.3%, reflecting a significant year-over-year improvement of 270 basis points, driven by a robust product pipeline and enhanced market positioning. Additionally, the Active Group segment, which comprises key brands like Merrell and Saucony, is forecasted to contribute substantially to revenue growth, sustaining a mid-teens year-over-year growth rate that underpins a positive financial outlook.

Wolverine World Wide Inc. reported a slight decline in total inventories of 0.7% year-over-year, while net sales grew by 6.9%, indicating a potential mismatch between inventory management and sales growth. The company's anticipated gross margin for the next fiscal year is around 45%-46%, which is lower than previous estimates, driven by ongoing tariff pressures and a sluggish recovery in the Work Group segment. Furthermore, direct-to-consumer revenue has decreased by 4.9% year-over-year, compounded by continued challenges in the broader footwear market, suggesting a challenging outlook for earnings despite the positive third-quarter performance.