Wolverine World Wide | 10-Q: FY2025 Q3 Revenue Beats Estimate at USD 470.3 M

Revenue: As of FY2025 Q3, the actual value is USD 470.3 M, beating the estimate of USD 463.1 M.

EPS: As of FY2025 Q3, the actual value is USD 0.3, missing the estimate of USD 0.3379.

EBIT: As of FY2025 Q3, the actual value is USD 41.2 M.

Revenue: $352.8 million for Q3 2025, up 10.7% from $318.7 million in Q3 2024. Year-to-date revenue was $1,035.0 million, up 13.2% from $914.4 million in the same period in 2024.
Operating Profit: $65.4 million for Q3 2025, up 22.7% from $53.3 million in Q3 2024. Year-to-date operating profit was $188.2 million, up 43.0% from $131.6 million in the same period in 2024.

Revenue: $105.9 million for Q3 2025, down 2.9% from $109.1 million in Q3 2024. Year-to-date revenue was $288.2 million, down 5.3% from $304.2 million in the same period in 2024.
Operating Profit: $19.8 million for Q3 2025, up 21.5% from $16.3 million in Q3 2024. Year-to-date operating profit was $47.2 million, up 8.3% from $43.6 million in the same period in 2024.

Revenue: $11.6 million for Q3 2025, down 6.5% from $12.4 million in Q3 2024. Year-to-date revenue was $33.6 million, down 19.4% from $41.7 million in the same period in 2024.
Operating Profit: $7.7 million for Q3 2025, down 7.2% from $8.3 million in Q3 2024. Year-to-date operating profit was $23.3 million, up 12.6% from $20.7 million in the same period in 2024.

Operating Expenses: Increased by $10.1 million in Q3 2025 compared to Q3 2024, primarily due to higher incentive compensation costs and the absence of gains on the sale of businesses, trademarks, and intangible assets recorded in 2024.
Year-to-date Operating Expenses: Increased by $21.2 million in 2025 compared to 2024, primarily due to higher environmental and other related costs, higher incentive compensation costs, and the absence of gains on the sale of businesses, trademarks, and intangible assets recorded in 2024.

Operating Cash Flow: -$6.2 million for the first three quarters of 2025, compared to $97.7 million for the same period in 2024.
Investing Cash Flow: -$12.9 million for the first three quarters of 2025, compared to $95.1 million for the same period in 2024.
Financing Cash Flow: $1.7 million for the first three quarters of 2025, compared to -$238.6 million for the same period in 2024.

Core Business Focus: The company aims to continue growing its high-energy footwear, apparel, and accessories brands by offering innovative products, expanding its global direct-to-consumer footprint, and delivering supply chain excellence.
Non-Core Business: The company completed the sale of its equity interests in the Merrell® and Saucony® China joint venture entities and the Sperry® business in early 2024.