Overview
- Wolverine World Wide, which reported Thursday, posted revenue of $457.6 million up 11% year over year and adjusted EPS of $0.25, both above forecasts.
- The company raised its 2026 adjusted earnings outlook to $1.43–$1.58 and kept its full‑year revenue target near $1.96–$1.985 billion.
- Merrell sales rose 12.7% to $169.7 million and Saucony jumped 20.1% to $155.9 million, driving the Active Group’s 13.7% gain.
- International revenue grew 20.1% to $249.6 million, and the stock jumped in pre‑market trading after the release.
- Gross margin held at 47.6% as mix and pricing offset higher U.S. tariffs, operating margin improved to 7.4% (7.7% adjusted), and net debt fell to $519 million.