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WWW

WOLVERINE WORLD WIDE, INC.

In the published model solve dated 2026-Q2, anchored at $19.48, WOLVERINE WORLD WIDE, INC. (WWW) is priced for +5.1% growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 28, 2026 from SEC EDGAR filings.

Published model solve
+5.1% growth
Priced In
within-range

Key Takeaways

Read Wolverine as a turnaround that is starting to work, not a steady compounder. After years of restructuring and debt reduction, Q1 2026 revenue grew 11% to $457.6 million and the company raised full-year EPS guidance to $1.43 to $1.58. The growth is brand-led. Saucony rose about 20% and Merrell about 13% in the quarter, with Merrell gaining market share in 12 of the last 13 quarters in its category. At $17.61 the price implies only about 6.5% operating growth a year, broadly in line with wha

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Institutional ownership

237 institutional managers reported holding WWW in 13F filings for the quarter ended 2026-03-31. 42 opened new positions that quarter. Held by FMR (Fidelity), BlackRock, Vanguard Group, among others. On the short side, 5.7M shares were sold short as of the 2026-06-15 count, about 7% of shares outstanding (6 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

WWW has cut its share count 1% over the past five years, spending $94.00M on repurchases. It pays a dividend, and has paid one every year in our records (17 and counting); the current rate is $0.40 a share annually. Cash returned over the past three years: $90.70M in dividends.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at WWW over the trailing three years: 2023: 2 buys totaling $60k; 2025: 7 buys totaling $1.86M. 11 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

WWW's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-11-25.3%-17.8%
2023-11-10+1.2%+6.6%
2024-02-23+11.0%+10.3%
2024-05-09+17.1%-4.7%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

WWW's latest 8-K filings: 2026-05-14 (items 2.02, 9.01); 2026-05-13 (items 5.07); 2026-02-26 (items 2.02, 9.01); 2025-11-05 (items 2.02, 9.01); 2025-09-30 (items 1.01).

Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.

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Model solve date: 2026-Q2
Narrative composed: June 28, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.