earnings
confidence high
sentiment neutral
materiality 0.80
Wolverine Q1 EPS $0.13 vs ($0.19) YoY; revenue up 5.5% ongoing; Saucony +30%; full-year guidance withdrawn
WOLVERINE WORLD WIDE INC /DE/
2025-Q1 EPS reported
$0.13
revenue$412,300,000
- Q1 revenue $412.3M (up 4.4% reported, 5.5% ongoing); gross margin 47.3% (record, +140bps); operating margin 4.8%.
- Adjusted EPS $0.18 (+260% YoY); Merrell +13.2%, Saucony +29.6% drove growth; Sweaty Betty -15.9%.
- Inventory down 23.6% to $271M; net debt down 12.1% to $604M YoY.
- Q2 outlook: rev $440-450M (3.7-6.0% growth); adjusted EPS $0.19-$0.24.
- Full-year 2025 guidance withdrawn citing tariff/macro uncertainty; last issued Feb 19, 2025.