Wolverine World Wide tops Q2 expectations as sales rise 11.6%

Published 06/08/2025, 11:46
 Wolverine World Wide tops Q2 expectations as sales rise 11.6%

Investing.com - Wolverine World Wide, Inc. (NYSE:WWW) reported second quarter earnings that significantly exceeded analyst expectations, driven by strong revenue growth and record gross margins that helped more than double its adjusted earnings per share YoY.

The footwear and apparel company posted adjusted earnings per share of $0.35 for the quarter ended June 28, 2025, surpassing the analyst estimate of $0.23 by $0.12.

Revenue came in at $474.2 million, well above the consensus estimate of $444 million and representing an 11.6% increase from the same period last year for the company’s ongoing business.

Wolverine’s Active Group led the growth with a 16.2% revenue increase to $355.5 million, with Saucony brand sales surging 41.5% to $144.3 million. The company’s gross margin improved significantly to 47.2%, up 410 basis points from the prior year.

"Our second quarter results exceeded our expectations, which led to the strongest revenue growth we’ve seen in several years," said Chris Hufnagel, President and Chief Executive Officer. "This growth, coupled with another quarter of record gross margin, helped more than double our earnings per share year-over-year."

For the third quarter of 2025, Wolverine expects revenue between $450 million and $460 million, representing growth of approximately 2.1% to 4.4% compared to the third quarter of 2024.

This guidance falls slightly below the analyst consensus of $461.4 million. The company forecasts adjusted earnings per share between $0.28 and $0.32, compared to the consensus estimate of $0.29.

The company noted that it is not providing full-year 2025 guidance due to uncertainty around tariffs and related macroeconomic conditions.

Wolverine has made progress strengthening its balance sheet, reducing net debt by $99 million, or 14.8%, compared to the prior year.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.