Wolverine Worldwide Reports First Quarter 2026 Results
Wolverine Worldwide reported Q1 2026 revenue of $457.6 million, up 11.0% year-over-year, with all key metrics exceeding expectations. The Active Group, which includes Merrell and Saucony, saw a 13.7% revenue increase to $371.6 million, driven by strong brand performance and favorable mix shifts. The company updated its FY26 guidance, maintaining revenue expectations of $1.960 billion to $1.985 billion and raising EPS guidance to $1.39 to $1.54, up from $1.31 to $1.46.
Key figures
- Eps
- 0.24
- Guidance
- FY26 revenue $1.960B-$1.985B, unchanged; EPS $1.39-$1.54, up from $1.31-$1.46; adjusted EPS $1.43-$1.58, up from $1.35-$1.50; operating margin 9.2%, up from 8.8%; adjusted operating margin 9.5%, up from 9.1%
- Revenue Yoy
- 11.0%
- Net debt
- 519000000
- Inventory
- 280300000
- Adjusted eps
- 0.25
- Gross profit
- 217800000
- Revenue other
- 10300000
- Revenue merrell
- 169700000
- Revenue saucony
- 155900000
- Operating income
- 33900000
- Operating margin
- 7.4%
- Revenue wolverine
- 36400000
- Revenue work group
- 75700000
- Revenue active group
- 371600000
- Revenue sweaty betty
- 38600000
- Constant currency eps
- 0.22
- Revenue international
- 249600000
- Adjusted operating margin
- 7.7%
- Cash and cash equivalents
- 119600000
- Revenue direct to consumer
- 99300000
AI analysis
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