Wolverine Worldwide reports first quarter 2026 financial results exceeding expectations
Revenue grew 11%, gross margin held steady at 47.6%, and EPS rose 60% to $0.24, with raised full-year outlook.
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Multibrand global footwear and apparel company
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In short: Wolverine Worldwide reported strong fiscal growth, raised its earnings guidance, and implemented several strategic leadership and brand initiatives.
Revenue grew 11%, gross margin held steady at 47.6%, and EPS rose 60% to $0.24, with raised full-year outlook.
The dividend is payable on August 3 to stockholders of record on July 1, reflecting an annual dividend of $0.40 per share.
Mike Maloney becomes Global General Manager of Wolverine brand. Ryan Drew joins as Chief Product Officer. Ben Harrison appointed General Manager of Cat Footwear International.
The report highlights $1.87 billion revenue, up 7%, driven by Merrell and Saucony. It emphasizes transformation, growth, and future brand expansion.
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