Home Street Fashion US’ Wolverine Worldwide Q1 EPS rises 60% on brand momentum

US’ Wolverine Worldwide Q1 EPS rises 60% on brand momentum

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Wolverine Worldwide’s Q1 FY26 revenue rose 11 per cent YoY to $457.6 million, led by strong growth at Merrell and Saucony.
Gross margin stayed flat at 47.6 per cent, while operating margin improved to 7.4 per cent.
Net earnings increased to $20.2 million, and diluted EPS rose to $0.24.
The company maintained its FY26 revenue outlook of $1.96-1.98 billion.Wolverine Worldwide’s Q1 FY26 revenue rose 11 per cent YoY to $457.6 million, led by strong growth at Merrell and Saucony.
Gross margin stayed flat at 47.6 per cent, while operating margin improved to 7.4 per cent.
Net earnings increased to $20.2 million, and diluted EPS rose to $0.24.
The company maintained its FY26 revenue outlook of $1.96-1.98 billion.