StockWatch
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Shoe Manufacturing
Quarterly ResultAug 13, 2026, 06:37 AM

Wolverine World Wide Q2 Revenue $506.4M, EPS $0.37; Raises FY26 Outlook

AI Summary

Wolverine World Wide reported strong second-quarter 2026 financial results, exceeding expectations with revenue up 6.8% to $506.4 million and diluted EPS increasing 15.6% to $0.37. The performance was driven by key brands Merrell and Saucony. Based on this strong start, the company has raised its full-year 2026 outlook for both revenue and adjusted diluted earnings per share.

Key Highlights

  • Q2 2026 revenue increased 6.8% to $506.4 million.
  • Q2 2026 diluted EPS rose 15.6% to $0.37.
  • Merrell revenue grew 11.1% to $175.5 million in Q2.
  • Saucony revenue increased 9.9% to $158.6 million in Q2.
  • Inventory decreased 17.0% to $269 million.
  • Net Debt decreased 22.0% to $443 million.
  • Full-year 2026 revenue outlook raised to $1.980B-$2.000B.
  • Full-year 2026 adjusted diluted EPS outlook raised to $1.55-$1.65.