Stock Track | Wolverine World Wide Soars 8.31% in Pre-Market on Strong Q1 Earnings Beat and Raised 2026 Guidance

Stock Track05-14

Wolverine World Wide's stock soared 8.31% in pre-market trading on Thursday, following the release of its first-quarter 2026 financial results that exceeded analyst expectations.

The footwear and apparel company reported adjusted earnings per share of $0.25, beating the consensus estimate of $0.22. Revenue for the quarter reached $457.6 million, also surpassing expectations of $448.93 million. The strong performance was driven by a 20.1% year-over-year increase in international sales, with brands like Merrell and Saucony posting double-digit revenue growth.

Adding to the positive sentiment, the company raised its full-year 2026 adjusted earnings guidance to a range of $1.43 to $1.58 per share, up from its previous forecast of $1.35 to $1.50. The company maintained its revenue outlook for the year while increasing its gross margin expectation.

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