Wolverine World Wide Q4 revenue rises 4.6%, beats estimates on Active Group growth

Wolverine World Wide

26/02/2026 11:40

Overview

Footwear and apparel firm's Q4 revenue rose 4.6%, beating analyst expectations

Adjusted EPS for Q4 beat analyst expectations

Company repurchased 0.9 mln shares for $15 mln in Q4

Outlook

Company expects 2026 revenue between $1.960 bln and $1.985 bln

Wolverine forecasts 2026 gross margin at 46.0%, down 130 bps from 2025

Company anticipates 2026 diluted EPS between $1.31 and $1.46

Result Drivers

ACTIVE GROUP GROWTH - Revenue in the Active Group increased by 12.4% due to strong performance from brands like Saucony

GROSS MARGIN IMPROVEMENT - Gross margin rose to 47.0% due to product cost savings, a favorable mix shift toward full-price sales, and price increases

DIRECT-TO-CONSUMER CHANNEL - Direct-to-consumer revenue improved by 5.9%, contributing to overall revenue growth

Company press release: ID:nBw5mMrXza

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$517.50 mln
$510.72 mln (8 Analysts)
Q4 Adjusted EPS
Beat
$0.45
$0.44 (8 Analysts)
Q4 Gross Margin
47.00%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the footwear peer group is "buy"

Wall Street's median 12-month price target for Wolverine World Wide Inc is $23.00, about 27.5% above its February 25 closing price of $18.04

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 14 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)