Wolverine World Wide Inc

WWW remains in a Stage 2 advancing environment with higher lows and higher highs supported by rising EMAs, confirming bullish medium-term structure. However, price is currently extended above the 9/20/50 EMAs and flagged as extreme overbought, indicating potential near-term fatigue. Execution should be deferred, targeting pullbacks into rising EMAs or prior consolidation highs-turned-support for optimal entries.

• ↑Revenue $458 M up 11% YoY; Saucony +30% and Merrell +5%
• ↑Adjusted gross margin steady at 47.6%; operating margin expanded 140 bp
• ↓Expected $60 M tariff headwind in 2026 to pressure profit margins