Wolverine Worldwide reported Q4 FY2025 results for the period ended January 3, 2026, with revenue of USD 517.5 million (up 4.6%) and gross margin of 47.0% (up 340 basis points). Operating margin was 9.4% (up 180 basis points) and diluted EPS was USD 0.38 (up 35.7%); adjusted diluted EPS was USD 0.45 (up 12.5%). Q4 segment revenue included Active Group USD 372.7 million (up 12.4%) and Work Group USD 134.0 million (down 11.3%). By brand in Q4, Saucony revenue was USD 125.9 million (up 26.4%), Merrell USD 173.1 million (up 5.9%), Sweaty Betty USD 68.9 million (up 8.8%), and Wolverine USD 55.8 million (down 10.5%). The company cited product cost savings, a shift toward more full-price sales and recent price increases as drivers of gross margin, partially offset by higher U.S. tariffs. For FY2025, Wolverine Worldwide posted revenue of USD 1.874 billion (up 6.8%), gross margin of 47.3% (up 300 basis points), operating margin of 8.0% (up 240 basis points), and diluted EPS of USD 1.14 (up 107.3%). Cash and cash equivalents were USD 206 million, net debt was USD 415 million, and inventory was USD 274 million as of January 3, 2026. In Q4, Wolverine Worldwide repurchased about 0.9 million shares for about USD 15 million at a weighted average price of USD 16.13, with about USD 135 million remaining under its authorization. CEO Chris Hufnagel said the company exceeded expectations in Q4, noted growth in its biggest brands globally and improvement in direct-to-consumer, and said the company is focused on executing its brand-building model.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wolverine World Wide Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260226067622) on February 26, 2026, and is solely responsible for the information contained therein.
Comments