Wolverine World Wide Raises Earnings Guidance as International Sales Rise

Dow Jones05-14

By Nicholas G. Miller

Wolverine World Wide raised its full-year earnings guidance and reported higher first-quarter profit, boosted by revenue growth in its international business.

The owner of the Merrell and Saucony brands posted net income of $20.2 million, or 24 cents a share, up from $12.1 million, or 15 cents a share, the year prior.

Adjusted earnings were 25 cents a share. Analysts polled by FactSet had expected 22 cents a share.

Revenue rose 11% to $457.6 million. Wall Street had expected $448.4 million. International revenue rose 20% to $249.6 million.

The company raised its full-year adjusted earnings guidance to $1.43 to $1.58 a share, up from its previous forecast of $1.35 to $1.50 a share.

It reiterated its full-year guidance for revenue of $1.96 billion to $1.99 billion.

Analysts see full-year adjusted earnings of $1.46 a share and revenue of $1.98 billion.

Write to Nicholas G. Miller at nicholas.miller@wsj.com

(END) Dow Jones Newswires

May 14, 2026 06:44 ET (10:44 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Miller \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Wolverine World Wide raised its full-year earnings guidance and reported higher first-quarter profit, boosted by revenue growth in its international business. \n</p>\n<p>\n  The owner of the Merrell and Saucony brands posted net income of $20.2 million, or 24 cents a share, up from $12.1 million, or 15 cents a share, the year prior. \n</p>\n<p>\n  Adjusted earnings were 25 cents a share. Analysts polled by FactSet had expected 22 cents a share. \n</p>\n<p>\n  Revenue rose 11% to $457.6 million. Wall Street had expected $448.4 million. International revenue rose 20% to $249.6 million. \n</p>\n<p>\n  The company raised its full-year adjusted earnings guidance to $1.43 to $1.58 a share, up from its previous forecast of $1.35 to $1.50 a share. \n</p>\n<p>\n  It reiterated its full-year guidance for revenue of $1.96 billion to $1.99 billion. \n</p>\n<p>\n  Analysts see full-year adjusted earnings of $1.46 a share and revenue of $1.98 billion. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Nicholas G. 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Miller \n\n\n \n\n\n  Wolverine World Wide raised its full-year earnings guidance and reported higher first-quarter profit, boosted by revenue growth in its international business. \n\n\n  The owner of the Merrell and Saucony brands posted net income of $20.2 million, or 24 cents a share, up from $12.1 million, or 15 cents a share, the year prior. \n\n\n  Adjusted earnings were 25 cents a share. Analysts polled by FactSet had expected 22 cents a share. \n\n\n  Revenue rose 11% to $457.6 million. Wall Street had expected $448.4 million. International revenue rose 20% to $249.6 million. \n\n\n  The company raised its full-year adjusted earnings guidance to $1.43 to $1.58 a share, up from its previous forecast of $1.35 to $1.50 a share. \n\n\n  It reiterated its full-year guidance for revenue of $1.96 billion to $1.99 billion. \n\n\n  Analysts see full-year adjusted earnings of $1.46 a share and revenue of $1.98 billion. \n\n\n \n\n\n  Write to Nicholas G. 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