Wolverine World Wide

Q2 FY2026 EarningsQ2 FY26 beat consensus across the board, with revenue of $506.4M vs. $501.3M expected and adjusted EPS of $0.40 vs. $0.38 consensus. Growth was driven by the Active Group (+9.3% YoY), led by Merrell and Saucony, despite a 70 bps YoY decline in gross margin to 46.5% due to higher tariffs. Management raised FY26 revenue guidance to $1.98B-$2.00B and adjusted EPS to $1.55-$1.65, reflecting strong brand momentum and operational efficiency.