Wolverine’s stock heads for worst selloff in almost 2 years as guidance disappoints - MarketWatch
1. Wolverine stock fell nearly 21%, its largest drop in two years. 2. Company's soft 2025 guidance doesn't meet analyst expectations. 3. Net income increased to $24.6 million, improving from last year's loss. 4. Gross margins improved significantly to 44% despite revenue decline. 5. Stock has dropped 33% year-to-date, underperforming S&P 500.