Wolverine World Wide reports strong Q1 earnings with revenue growth and stock gains 10%.

From Zacks Investment Research: 2025-05-09 13:40:00

Wolverine World Wide, Inc. reported impressive first-quarter results for 2025, with revenues and earnings exceeding expectations. The company saw a 10.3% increase in shares following the news. The company achieved record gross margins, driven by strong revenue growth from key brands like Merrell and Saucony. Total revenues were $412.3 million, up 4.4% year over year, with international business revenues increasing by 16.4%. The company posted adjusted earnings of 18 cents per share, beating estimates. Looking ahead, Wolverine expects growth in the second quarter, with revenues projected between $440 million and $450 million.

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Read more at Zacks Investment Research: WWW Q1 Earnings Beat Estimates, Revenues Rise Y/Y, Stock Gains 10% – May 9, 2025