WWW Stock Forecast & Price Target

Wolverine World Wide Inc. exhibits a positive financial outlook, bolstered by sales projections indicating an overall year-over-year increase of 3.7% to $1.816 billion, driven primarily by growth in the Active Group segment, with expected mid-single-digit growth for that segment. The company's gross margin is predicted to rise by approximately 900 basis points year-over-year, reaching around 45.5%, which suggests effective strategies in pricing, cost management, and inventory control. Additionally, the significant expansion of the operating margin to 10.2% in 4Q24, exceeding consensus expectations, underscores robust operational performance and profitability improvements across its product lines.

Wolverine World Wide Inc. has reported a troubling decline in segment revenues, falling 58.9% compared to the previous year, which raises significant concerns about the company's overall performance. Additionally, the company's Q1 adjusted operating margin is projected to remain flat year-over-year at approximately 4.6%, notably below prior consensus expectations of 5.6%. Furthermore, Sweaty Betty's 6% revenue decline in Q4, coupled with a broader 7% drop in direct-to-consumer revenue, signals ongoing difficulties in meeting revenue expectations and sustaining growth across its product segments.