Wolverine World Wide Raises 2026 Outlook on Saucony and Merrell Growth

Earnings
โดย Zacks Investment Research·US·Read original
Summary · why it matters

Wolverine World Wide lifted its fiscal 2026 guidance for revenues, margins, earnings and cash flow after second-quarter results beat expectations. Revenue guidance increased to $1.98-$2 billion from $1.96-$1.985 billion, while adjusted earnings guidance rose to $1.55-$1.65 per share from $1.43-$1.58. The company cited stronger marketplace execution, supply-chain efficiencies and operating leverage, with Saucony revenues up 9% in constant currency to $158.6 million and its full-year outlook raised to mid-teens growth. Full-year gross margin guidance increased to approximately 46.9% from 46.4%, and adjusted operating margin guidance moved to about 9.9% from 9.5%. Operating free cash flow guidance increased to $115-$130 million from $105-$120 million.

Impact on stocks 3

Consumer Discretionary · 3 stocks