Wolverine World Wide Shares Jump 8% as Q2 Beat Prompts Higher 2026 Outlook
Fiona Craig
Thu, August 13, 2026 at 5:19 PM GMT+5:30
3 min read
- WWW
-0.77%
Wolverine World Wide Inc. (NYSE:WWW) shares climbed 8% in Thursday premarket trading after the footwear and apparel company reported second-quarter earnings and revenue above Wall Street expectations and raised its full-year 2026 guidance. Strong performances from Merrell and Saucony helped drive growth, while improvements in operating margin, inventory and debt provided further support
Wolverine beats Q2 earnings and revenue forecasts
Wolverine World Wide reported adjusted earnings of $0.40 per share for the second quarter, exceeding the analyst consensus of $0.38
Revenue reached $506.4 million, ahead of expectations of $501.69 million and representing a 6.8% increase from $474.2 million in the same quarter last year
The stronger-than-expected performance continued the company’s positive start to 2026 and encouraged management to increase its expectations for the full year
“Our team delivered another good quarter, ahead of our expectations — led again by Merrell and Saucony — along with more progress in Sweaty Betty and Wolverine,” said Chris Hufnagel, President and Chief Executive Officer. “Based on our strong start to the year and the progress we’re seeing across the business, we’re raising our outlook for 2026.”
Merrell and Saucony lead revenue growth
Wolverine’s Active Group remained the primary engine of growth during the quarter, generating revenue of $388.4 million, up 9.3% from the previous year
Merrell revenue increased 11.1% to $175.5 million, while Saucony delivered growth of 9.9% to $158.6 million
International operations also performed strongly, with revenue climbing 10.9% year over year to $277.2 million
Performance in the Work Group was softer, with revenue declining 1.6% to $105.8 million, partially offsetting the stronger momentum across the company’s active <a href="https://todaytrendnews7.com/samsonite-group-to-acquire-beis-in-210-million-lifestyle-brand-deal/” title=”Samsonite Group to Acquire BÉIS in $210 Million Lifestyle Brand Deal”>lifestyle brands
Wolverine raises full-year 2026 guidance
Following the Q2 beat, Wolverine World Wide increased its financial outlook for 2026
The company now expects adjusted earnings of between $1.55 and $1.65 per share. At $1.60, the midpoint of the range stands above the analyst consensus estimate of $1.56
Full-year revenue is projected at between $1.98 billion and $2 billion, implying a midpoint of approximately $1.99 billion
That compares with Wall Street’s consensus forecast of $1.988 billion, leaving the midpoint modestly ahead of current expectations
The higher guidance reflects management’s confidence that momentum across Merrell, Saucony and other areas of the business can continue during the remainder of the year
