Wolverine Worldwide reports first quarter 2026 financial results exceeding expectations
Revenue grew 11%, gross margin held steady at 47.6%, and EPS rose 60% to $0.24, with raised full-year outlook.
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Multibrand global footwear and apparel company
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In short: Wolverine Worldwide reported strong fiscal growth, raised its earnings guidance, and implemented several strategic leadership and brand initiatives.
Revenue grew 11%, gross margin held steady at 47.6%, and EPS rose 60% to $0.24, with raised full-year outlook.
Mike Maloney becomes Global General Manager of Wolverine brand. Ryan Drew joins as Chief Product Officer. Ben Harrison appointed General Manager of Cat Footwear International.
The report highlights $1.87 billion revenue, up 7%, driven by Merrell and Saucony. It emphasizes transformation, growth, and future brand expansion.
Revenue grows 4.6% in Q4 and 6.8% annually. Gross margin improves to 47.0% and 47.3%. EPS rises to $0.38 and $1.14. Provides 2026 outlook with revenue growth and EPS $1.35-$1.50.
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