Wolverine Worldwide Beats Q2, Raises 2026 Guidance on Strong Merrell and Saucony Growth
WWW sits 43% above its 52-week low of $13.47.
Summary
Wolverine Worldwide reported Q2 2026 results ahead of expectations and raised full-year guidance, driven by strong growth in Merrell and Saucony.
Key Events · Earnings and Guidance · WWW
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Q2 Revenue Beats Expectations
Total revenue of $506.4 million, up 6.8% year-over-year, led by Active Group growth of 9.3%.
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EPS Growth Accelerates
Diluted EPS of $0.37, up 15.6% from $0.32 in Q2 2025; adjusted diluted EPS of $0.40, up 14.3%.
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Full-Year Guidance Raised
Revenue guidance increased to $1.980-$2.000 billion (from $1.960-$1.985B) and diluted EPS guidance to $1.48-$1.58 (from $1.39-$1.54).
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Balance Sheet Strengthens
Net debt reduced by $125 million to $443 million, down 22% year-over-year; cash increased to $159 million.
Analysis · WWW · Manufacturing
Wolverine Worldwide delivered Q2 revenue of $506.4 million, up 6.8% year-over-year, and diluted EPS of $0.37, up 15.6%. The company raised its full-year 2026 revenue guidance to $1.980-$2.000 billion and diluted EPS guidance to $1.48-$1.58, reflecting momentum in its Active Group led by Merrell and Saucony. Net debt fell 22% to $443 million, strengthening the balance sheet. The results and raised outlook are a positive signal for the stock, though gross margin dipped 70 basis points due to higher tariffs.
At the time of this filing, WWW was trading at $19.25 on NYSE in the Manufacturing sector, with a market capitalization of approximately $1.5B. The 52-week trading range was $13.47 to $32.80. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.