Wolverine World Wide ( (WWW) ) has released its Q2 earnings. Here is a breakdown of the information Wolverine World Wide presented to its investors.
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Wolverine World Wide, Inc., founded in 1883 and based in Rockford, Michigan, is a leading designer, marketer, and licensor of branded footwear and apparel, known for its diverse portfolio including Merrell, Saucony, and Sweaty Betty, among others.
In its second quarter of 2025, Wolverine World Wide reported robust financial results, surpassing expectations with significant revenue growth and record gross margins, which contributed to more than doubling its earnings per share compared to the previous year. The company attributes its success to the effective execution of its new brand-building model and improvements in business profitability.
Key financial highlights for the quarter include a total revenue increase of 11.5% year-over-year, with notable performances from the Saucony and Merrell brands, which saw revenue growth of 41.5% and 10.7%, respectively. The company also achieved a gross margin improvement of 410 basis points to 47.2%, and a significant reduction in net debt by approximately 14.8% compared to the prior year.
Looking ahead, Wolverine World Wide remains optimistic about maintaining its growth momentum into the third quarter of 2025, with expected revenue growth of up to 4.4% and a gross margin of approximately 47.0%. Despite uncertainties in the global trade and consumer environment, the company is focused on delivering value to its shareholders and enhancing consumer experiences.
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