Wolverine World Wide Inc

WWW has broken above a multi-month consolidation with rising short- and intermediate-term EMAs, indicating bullish asymmetry. However, price is extended above EMAs and an extreme overbought Options Score warns of near-term fatigue. Execution should be deferred into pullbacks near EMAs or prior range highs-turned-support.

• ↑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