Loading...
•
Jun 28, 2025
Wolverine Q2 2025 Earnings Report
Wolverine Worldwide reported strong second quarter 2025 results, exceeding expectations with significant revenue growth and record gross margin, leading to more than double earnings per share year-over-year.
Key Takeaways
Wolverine Worldwide delivered a strong second quarter in 2025, surpassing expectations with robust revenue growth and achieving a record gross margin. This performance significantly boosted earnings per share, which more than doubled compared to the previous year. The company highlighted successful execution of its brand-building model, improved profitability, and a strengthened balance sheet.
Second quarter revenue reached $474.2 million, an 11.5% increase year-over-year, exceeding expectations.
Gross margin hit a record 47.2%, a 410 basis point improvement from the prior year, driven by a healthier sales mix and lower promotional activity.
Diluted earnings per share more than doubled to $0.32, up 88.2% year-over-year, while adjusted diluted earnings per share increased by 133.3% to $0.35.
The company significantly reduced net debt by 14.8% to $568 million compared to the prior year, strengthening its balance sheet.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
For the third quarter of 2025, Wolverine Worldwide anticipates continued business momentum, with revenue projected between $450 million and $460 million, and gross margin expected to be approximately 47.0%. Diluted earnings per share are forecasted to be in the range of $0.24 to $0.28.
Positive Outlook
- Revenue projected to be approximately $450 million to $460 million, indicating continued growth.
- Expected revenue growth of approximately 2.1% to 4.4% compared to Q3 2024 ongoing business revenue.
- Constant currency revenue growth anticipated at approximately 1.5% to 3.8%.
- Gross margin expected to be approximately 47.0%, an increase of 170 basis points year-over-year.
- Adjusted operating margin projected to be approximately 8.3%, up 60 basis points compared to Q3 2024.
Challenges Ahead
- Operating margin is expected to be approximately 7.3%, a decrease of 70 basis points compared to Q3 2024.
- The company is not providing a full-year 2025 outlook due to uncertainty around tariffs and related macro-economic conditions.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...