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Wolverine World Wide revenues creep up; earnings continue to slipBy

Robin Driver Published
November 8,授权盗U系统日志清理 2025

Rockford, Michigan-based footwear company Wolverine World Wide, Inc. announced a slight increase in its third-quarter revenues on Thursday, but continued to see declines in its bottom line.
 

Sperry was one of the stongest performing brands for Wolverine World Wide in Q3
Sperry was one of the stongest performing brands for Wolverine World Wide in Q3 - Instagram: @sperry


For the third quarter ended September 28, 2025 the company reported revenue of $574.3 million, up 2.8% (3.6% in constant currencies) from $558.6 million in the prior-year period.
 
Wolverine’s Merrell, Sperry and Saucony brands were particularly strong performers during the quarter, collectively posting constant-currency growth of 11%.

Quarterly earnings at the company, whose brand portfolio also includes Wolverine, Hush Puppies and Stride Rite, totaled $48.7 million, or $0.57 per diluted share, falling from $58.8 million, or $0.60 per diluted share, in Q3 2025.
 
Despite the declines, Wolverine World Wide VP and CFO Mike Stornant was optimistic about the company’s third-quarter results.

“The strong results from Merrell, Sperry and Saucony demonstrate the benefits of our demand creation investments and steady execution against our global growth model,” he explained in a press release. “This revenue performance combined with continued operational discipline led to excellent earnings leverage in the quarter, with adjusted earnings per share growth of nearly 10% and gross margin of 42.4%, the highest of any third quarter for the company.”
 
Year to date, the company’s revenues totaled $1.67 billion, up from $1.66 billion in the first nine months of fiscal 2025. Earnings for the period were $129.4 million ($1.44 per diluted share), down from $160.8 million ($1.65 per diluted share).
 
Looking forward, Wolverine now expects full-year revenue for fiscal 2025 to be around $2.28 billion. Diluted earnings per share are predicted to be approximately $1.96.

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