Wall Street has set ambitious price targets for the stocks in this article.
While this suggests attractive upside potential, it’s important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts.
The stocks featured in this article are seeing some big returns.
Over the past month, they’ve outpaced the market due to new product launches, positive news, or even a dedicated social media following.
A company with profits isn’t always a great investment.
Some struggle to maintain growth, face looming threats, or fail to reinvest wisely, limiting their future potential.
Footwear conglomerate Wolverine Worldwide (NYSE:WWW) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 4.4% year on year to $412.3 million. The company expects next quarter’s revenue to be around $445 million, close to analysts’ estimates. Its non-GAAP profit of $0.18 per share was 64.2% above analysts’ consensus estimates.
While profitability is essential, it doesn’t guarantee long-term success.
Some companies that rest on their margins will lose ground as competition intensifies - as Jeff Bezos said, "Your margin is my opportunity".
A company that generates cash isn’t automatically a winner.
Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.
What a brutal six months it’s been for Wolverine Worldwide. The stock has dropped 27.2% and now trades at $12.09, rattling many shareholders. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how footwear stocks fared in Q4, starting with Genesco (NYSE:GCO).
Looking back on footwear stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Steven Madden (NASDAQ:SHOO) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Nike (NYSE:NKE) and its peers.
Footwear conglomerate Wolverine Worldwide (NYSE:WWW) announced better-than-expected revenue in Q4 CY2024, with sales up 3% year on year to $494.7 million. On the other hand, the company’s full-year revenue guidance of $1.81 billion at the midpoint came in 2.2% below analysts’ estimates. Its non-GAAP profit of $0.42 per share was in line with analysts’ consensus estimates.
