The earnings call highlighted strong revenue and earnings growth driven by key brands Saucony and Merrell, along with record gross margins. However, significant challenges such as the decline in Work Group and Sweaty Betty revenues, and uncertainties related to tariffs warrant caution. The withdrawal of full-year guidance further underscores the cautious outlook despite the strong start to the year.

Company Guidance

During the Wolverine Worldwide First Quarter Fiscal 2025 Earnings Call, the company provided guidance for the second quarter of 2025. They expect revenue to be between $440 million to $450 million, representing a year-over-year increase of approximately 5% at the midpoint, or 4.6% on a constant currency basis. The Active Group is anticipated to grow by a high single-digit percentage, while the Work Group is expected to decline by a low single-digit percentage. The company also projects second quarter adjusted operating margins of approximately 7.2%, with adjusted diluted earnings per share in the range of $0.19 to $0.24. Wolverine Worldwide highlighted several actions to mitigate the impact of tariffs, including strategic price adjustments and efforts to reduce U.S. sourcing from China to less than 10% of their volume by year-end, with a target to push this down to near zero in 2026.

Revenue and Earnings Growth

Wolverine Worldwide reported a revenue growth of over 5% on an ongoing basis and nearly 7% on a constant currency basis in the first quarter. Earnings increased by more than 3 times compared to last year.

Record Q1 Gross Margin

Achieved record Q1 gross margin, marking the fourth time in the last five quarters the company posted record gross margins.

Saucony Brand Performance

Saucony delivered 30% year-over-year revenue growth in Q1 with strong double-digit growth in North America and more than doubling the Asia-Pacific business. Gross margin improved by nearly 400 basis points.

Merrell Brand Performance

Merrell grew revenue by 13% compared to Q1 last year, with largest contributions coming from Asia Pacific and EMEA. Gross margin improved by more than 200 basis points.

International Business Growth

Reported mid-teens year-over-year growth in international markets, with a strong outlook for the balance of the year.

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Wolverine World Wide (WWW) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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WWW Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 06, 2025	2025 (Q2)	0.23 / -	0.15	―	―	―
May 08, 2025	2025 (Q1)	0.11 / 0.18	0.05	260.00% (+0.13)
Feb 19, 2025	2024 (Q4)	0.42 / 0.42	-0.3	240.00% (+0.72)
Nov 07, 2024	2024 (Q3)	0.22 / 0.29	0.07	314.29% (+0.22)
Aug 07, 2024	2024 (Q2)	0.11 / 0.15	0.19	-21.05% (-0.04)
May 08, 2024	2024 (Q1)	<0.01 / 0.05	0.09	-44.44% (-0.04)
Feb 21, 2024	2023 (Q4)	-0.27 / -0.30	-0.15	-100.00% (-0.15)
Nov 09, 2023	2023 (Q3)	0.07 / 0.07	0.48	-85.42% (-0.41)
Aug 10, 2023	2023 (Q2)	0.19 / 0.19	0.66	-71.21% (-0.47)
May 10, 2023	2023 (Q1)	0.04 / 0.09	0.41	-78.05% (-0.32)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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WWW Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 08, 2025	$14.80	$16.32	+10.27%
Feb 19, 2025	$18.60	$15.51	-16.61%
Nov 07, 2024	$15.86	$21.54	+35.81%
Aug 07, 2024	$13.58	$12.66	-6.77%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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