Wolverine World Wide Reports Q3 2026 Revenue Growth and Raises Full-Year Guidance
Wolverine World Wide (WWW) reported strong third-quarter results for fiscal year 2026, characterized by a revenue of $505.4 million, representing 7.7% constant currency growth. The performance was primarily driven by the Active Group, which saw double-digit gains led by Saucony's 19.7% revenue increase and Merrell's ninth consecutive quarter of growth. Adjusted EPS reached $0.79, significantly bolstered by a $0.31 benefit from International Emergency Economic Powers Act (IEEPA) tariff refunds. On the strength of year-to-date outperformance, management raised its full-year 2026 revenue guidance to a range of $2 billion to $2.01 billion and increased adjusted EPS guidance to $1.95–$1.99. While core brands like Saucony and Merrell showed strength, the company noted headwinds in the Sweaty Betty and Wolverine brands due to market resets and unseasonably warm weather. Despite these challenges, net debt decreased by 26.4% year-over-year as part of ongoing debt reduction efforts.
Tickers: $WWW
Topics: debt reduction eps beat guidance raise revenue growth
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