| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 470.30 | 0.8% | 6.8% |
| Total Income | 470.30 | 0.8% | 6.8% |
| Expenditure | 430.70 | 0.7% | 6.3% |
| PBT | 33.10 | 1.5% | 12.6% |
| Net Profit | 25.10 | 6.3% | 6.4% |
| OPM | 8.42% | 0.16pp | 0.42pp |
| NPM | 5.34% | 0.32pp | 0.02pp |
| EPS | 0.30 | 6.3% | 7.1% |
Wolverine Worldwide Reports Q3 2025 Results
04 May 2026 · 4 May, 8:01 am
Summary
Wolverine World Wide, Inc. reported financial results for the third quarter ended September 27, 2025. Total revenue increased by 6.8% to $470.3 million, driven by strong performance in the Active Group and Saucony brand. Gross margin improved to 47.5%, primarily due to supply chain cost initiatives and lower promotional activity. The company's outlook for fiscal year 2025 includes revenue between $1.855 billion and $1.870 billion, representing growth of approximately 6.0% to 6.8% compared to the 2024 ongoing business.
Key Highlights
- 1
Wolverine Worldwide's total revenue increased by 6.8% to $470.3 million in the third quarter of 2025.
- 2
The Active Group's revenue rose by 10.7% to $352.8 million.
- 3
Saucony's revenue experienced a significant increase of 27.0% to $133.1 million.
- 4
The company's gross margin improved to 47.5%, a 240 bps increase compared to the prior year.
- 5
Adjusted diluted earnings per share increased by 28.6% to $0.36.
- 6
The company expects full-year revenue to be approximately $1.855 billion to $1.870 billion, representing growth of approximately 6.0% to 6.8% compared to the 2024 ongoing business.
- 7
Inventory decreased slightly to $293 million, a 0.7% decrease compared to the prior year.
Management Comments
Chris Hufnagel
"We delivered a solid quarter with Merrell, Saucony, and Sweaty Betty all exceeding expectations. Our disciplined execution, coupled with another record gross margin quarter, delivered better-than-anticipated earnings per share." "While we are pleased with our progress, we recognize there is still more work to do. Our teams remain focused on executing our brand-building model at pace while navigating a dynamic environment. As we approach the end of a pivotal year for Wolverine Worldwide, I'm encouraged by the improvements we've made across the enterprise – new strategies, new talent, new capabilities, new processes, new culture – all aimed to help us build awesome products, tell amazing stories, and drive the business in the relentless pursuit to make every day better and deliver value to our shareholders.”
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