Wolverine World Wide Inc. Common Stock (WWW)

FairStock Score: 60/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Mr. Market is offering Wolverine World Wide at $19.05 as of 2026-10-13, and FairStock puts the P/E at 14.88, P/B at 3.48, and PEG at 0.22. The company is a consumer-cyclical footwear business with Active and Work segments. Footwear has low switching costs and intense competition, so I see only a modest moat at best. FairStock classifies it as a TURNAROUND after it returned to profit following a loss within the last three years. The filed record supports that: fiscal 2023, the year ended 2023-12-30, showed revenue of $2.2B, net loss of $38.5M, and diluted EPS of -$0.49. By fiscal 2024, the year ended 2024-12-28, revenue was $1.8B, net income $45.2M, and diluted EPS $0.55. In fiscal 2025, the year ended 2026-01-03, revenue was $1.9B, net income $95.8M, and diluted EPS $1.14. In fiscal Q2 2026, the quarter ended 2026-07-04, revenue was $506.4M and net income $31.2M, versus fiscal Q2 2025, the quarter ended 2025-06-28, with revenue of $474.2M and net income of $26.8M. That is real improvement, and trailing free cash flow of $175.0M gives an 11.2% FCF yield at the current price, which is attractive. But the quality is mixed. ROE is high at 27.65%, yet ROCE is only 6.19%, and D/E of 1.59 with an Altman Z-Score of 2.11 suggests leverage and credit risk. The Graham Number is $12.55, so at $19.05 the margin of safety is -51.79%; the price is well above a conservative asset-and-earnings value. The Piotroski F-Score of 7/9 is supportive, and EV/EBITDA of 10.99 is not extreme. My conclusion: a credible turnaround with decent cash generation, but not a Graham bargain; I would watch debt reduction, ROCE, and whether recent profit growth persists.

In plain English: Wolverine World Wide makes shoes and clothing for outdoor, work, and casual use. The business looks better than a few years ago: it lost money in fiscal 2023 but made profits in fiscal 2024 and fiscal 2025, and the latest quarter was profitable. At $19.05, the stock does not look like a clear bargain versus the company's profits and the value of its assets minus debts, and the company carries a lot of debt, so it looks more like a recovering business than a safe one.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-07-04) · fiscal Q1 2026 10-Q (period ended 2026-04-04) · fiscal Q3 2025 10-Q (period ended 2025-09-27) · fiscal Q2 2025 10-Q (period ended 2025-06-28) · FY2025 10-K (period ended 2026-01-03) · FY2024 10-K (period ended 2024-12-28) · FY2023 10-K (period ended 2023-12-30)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer