Wolverine World Wide (WWW) Tops Q1 Earnings and Revenue Estimates

Company Performance - Wolverine World Wide (WWW) reported quarterly earnings of $0.18 per share, exceeding the Zacks Consensus Estimate of $0.11 per share, and showing an increase from $0.05 per share a year ago, representing an earnings surprise of 63.64% [1] - The company posted revenues of $412.3 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 4.29% and increasing from $394.9 million year-over-year [2] - Over the last four quarters, Wolverine has consistently surpassed consensus EPS estimates and revenue estimates [2] Stock Outlook - Wolverine shares have declined approximately 33.3% since the beginning of the year, in contrast to the S&P 500's decline of 4.3% [3] - The current consensus EPS estimate for the upcoming quarter is $0.24 on revenues of $443.98 million, and for the current fiscal year, it is $1.09 on revenues of $1.81 billion [7] Industry Context - The Shoes and Retail Apparel industry, to which Wolverine belongs, is currently ranked in the bottom 16% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Wolverine's stock performance [5]