Added to YB: 2026-08-25
Pitch date: 2026-08-21
WWW [bearish]
Wolverine World Wide, Inc.
+1.56%
current return
Author Info
M Squared Capital is a former sell-side analyst in the Retail/Consumer industry sharing analysis on retail/consumer stocks. Sign up for the newsletter.
Company Info
Wolverine World Wide, Inc. designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America.
Market Cap
$1.7B
Pitch Price
$21.20
Price Target
N/A
Dividend
1.91%
EV/EBITDA
9.93
P/E
16.40
EV/Sales
1.19
Sector
Textiles, Apparel and Luxury Goods
Category
N/A
Wolverine Worldwide: Sandbagging Is One Thing, Avoidance Another
WWW (bearish): Wolverine's 2Q26: mgmt raised Saucony guidance but not Merrell, implying deceleration to flattish 2H26 growth (vs +12% 1H26) with no explanation. Merrell faces intense competition (HOKA, Salomon, Altra, Arc'teryx) & over-relies on aging Moab franchise. DTC weakness, possible internal capital misallocation favoring Saucony. Bull case unproven—vague share-gain claims, core models already discounted at REI.
Read full article (2 min)