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Posted by
Two Blokes Jul 29 -
Filed in
Stock
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3 views
Wolverine World Wide should show great sales momentum in Q2. Merrell and Saucony have continued to gain brand relevance. Tariff uncertainty continues to add margin pressure especially over the short term. Wolverine's tariff mitigation efforts still stand on uncertain ground with a rapidly evolving tariff landscape. An expensive valuation makes WWW unattractive. I estimate 26% downside to $17.4.