Earnings Releases·Nov 12, 2026, 6:31 AM ET

Wolverine World Wide — Third Quarter 2026 Earnings Summary

Q3 2026 revenue reached $505.4 million, a 7.5% year-over-year increase, while diluted EPS surged 160.0% to $0.78; gross and operating margins expanded significantly to 54.6% and 17.7%, respectively, driven largely by $35.3 million in IEEPA tariff refunds.
The company raised its full-year 2026 outlook, projecting revenue of $2.000 billion to $2.010 billion (6.7%–7.2% growth) and diluted EPS of $1.88 to $1.92, with margins expected to benefit from the aforementioned tariff refunds.
Strategic momentum is evident with eight consecutive quarters of growth, led by the Active Group (+9.9%) and Saucony (+19.4%), alongside a strengthened balance sheet featuring a 26.4% reduction in net debt to $399 million.
Management cited a "growth story" transformation with improved earnings and a healthier balance sheet, though the outlook remains subject to risks including geopolitical conditions, tariff changes, and supply chain disruptions.