| Metric | Value ($ M) | Q2 FY25 |
|---|---|---|
| Revenue | 457.60 | 3.5% |
| Total Income | 457.60 | 3.5% |
| Expenditure | 423.70 | 2.3% |
| PBT | 27.60 | 17.9% |
| Net Profit | 20.20 | 24.6% |
| OPM | 7.41% | 1.17pp |
| NPM | 4.41% | 1.24pp |
| EPS | 0.24 | 25.0% |
Wolverine World Wide Reports Q2 2026 Results
13 Aug 2026 · 13 Aug, 4:07 pm
Summary
Wolverine World Wide reported a 6.8% increase in total revenue to $506.4 million for the second quarter of 2026, with the Active Group segment showing a 9.3% rise. Diluted EPS grew by 15.6% to $0.37. Despite a slight decrease in gross margin to 46.5% due to tariffs, the company is optimistic, raising its full-year 2026 revenue outlook to $1.980 billion - $2.000 billion. Management highlighted strong brand performance and strategic execution as key drivers.
Key Highlights
- 1
Wolverine World Wide reported total revenue of $506.4 million for the second quarter of 2026, an increase of 6.8% year-over-year.
- 2
The Active Group segment revenue grew by 9.3% to $388.4 million, driven by strong performance in Merrell and Saucony.
- 3
Diluted Earnings Per Share (EPS) for the second quarter of 2026 was $0.37, a 15.6% increase compared to $0.32 in the prior year.
- 4
Gross margin for the quarter was 46.5%, a decrease of 70 basis points compared to 47.2% in the prior year, primarily due to higher U.S. tariffs.
- 5
The company is raising its outlook for fiscal year 2026, now expecting revenue between $1.980 billion and $2.000 billion.
- 6
Inventory decreased by 17.0% to $269 million, and Net Debt decreased by 22.0% to $443 million compared to the prior year.
Management Comments
Chris Hufnagel
Our team delivered another good quarter, ahead of our expectations — led again by Merrell and Saucony — along with more progress in Sweaty Betty and Wolverine. We're executing our strategies, elevating our brands, and driving consistent, profitable growth. Based on our strong start to the year and the progress we're seeing across the business, we're raising our outlook for 2026.
Informational and educational content only. Not investment advice.