WWW Stock Forecast & Price Target

Wolverine World Wide is experiencing strong growth in its Active Group segment, with anticipated sales growth of 3.7% year-over-year, driven by a robust performance in brands such as Saucony, which is projected to grow in the mid-teens. The company's gross margin has improved significantly, expected to reach approximately 45.5% for the full year, supported by factors such as increased full-price sales, cost savings, and effective inventory management. Additionally, the operating margin for the fourth quarter is forecasted to increase to 10.2%, significantly surpassing consensus estimates and reflecting successful profitability strategies.

Wolverine World Wide Inc has exhibited significant revenue declines across various segments, notably a 58.9% decrease in segment revenues compared to the previous year, which raises concern regarding its operational performance. Additionally, the company's adjusted operating margin is expected to remain flat year-over-year at approximately 4.6%, which is below prior consensus expectations, further indicating potential financial strain. The negative trends are underscored by a reported 6% decline in Sweaty Betty's revenue and an 11% year-over-year decrease in the Work Group segment, both of which fell short of internal projections, suggesting challenges in meeting market demand.