Footwear conglomerate Wolverine Worldwide (NYSE:WWW)
will be announcing earnings results this Thursday before the bell. Here’s what to expect.
Wolverine Worldwide beat analysts’ revenue expectations last quarter, reporting revenues of $470.3 million, up 6.9% year on year. It was a mixed quarter for the company, with a decent beat of analysts’ EBITDA estimates but full-year revenue guidance meeting analysts’ expectations.
Is Wolverine Worldwide a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, the market is expecting Wolverine Worldwide’s revenue to grow 3.7% year on year, in line with the 3% increase it recorded in the same quarter last year.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Wolverine Worldwide rarely misses Wall Street’s revenue estimates.
Looking at Wolverine Worldwide’s peers in the consumer discretionary segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Deckers delivered year-on-year revenue growth of 7.1%, beating analysts’ expectations by 4.7%, and Crocs reported a revenue decline of 3.2%, topping estimates by 4.3%. Deckers traded up 19.5% following the results while Crocs was also up 17.1%.
Read our full analysis of Deckers’s results here and Crocs’s results here.
The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the consumer discretionary stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.3% on average over the last month. Wolverine Worldwide’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $21.33 (compared to the current share price of $17.59).
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