Wolverine World Wide Guides $1.96B–$1.985B Revenue, 5.2% Growth in 2026
Wolverine World Wide reported Q4 2025 Active segment momentum driving margin expansion and balance-sheet strength, led by Saucony’s 24.2% revenue growth. For fiscal 2026, management guide calls for $1.96-$1.985 billion in revenue (5.2% growth) and $1.35-$1.50 adjusted EPS, backed by pricing and cost efficiencies.
1. Q4 2025 Performance
Wolverine World Wide’s Active portfolio delivered solid fourth-quarter momentum, with improved full-price selling and disciplined cost management driving margin expansion. The company also strengthened its balance sheet through strategic debt reduction and cash generation.
2. Saucony Growth
Saucony led brand performance with a 24.2% year-over-year revenue increase at constant currency in Q4 and 30.1% growth for full-year 2025. Broad-based demand across performance and lifestyle categories was fueled by the Endorphin franchise and core styles Ride and Triumph.
3. Merrell, Sweaty Betty and Wolverine Brands
Merrell grew revenues 4.6% in the quarter, driven by trail-running innovations Moab Speed 2 and Agility Peak 5; Sweaty Betty rose 4.6% following its reset, led by U.K. improvement and product newness. Wolverine brand revenues declined 10.5% but saw improved sell-through and market share gains.
4. Fiscal 2026 Guidance
Management forecasts fiscal 2026 revenues of $1.96 billion to $1.985 billion (midpoint up 5.2%) and adjusted EPS of $1.35 to $1.50, with mid-single-digit Active Group growth. Pricing actions and cost efficiencies are expected to mitigate tariff pressures.