Business
Wolverine Worldwide Reports First Quarter 2025 Results
ROCKFORD, Mich., May 08, 2025--Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for the first quarter ended March 29, 2025.
About this update from Wolverine World Wide, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":251,"url":"https://media.zenfs.com/en/business-wire.com/f5d739f51e2a59160e3aae0ddb7c5296"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/w7hAp2JGmKr73.oVwu4vww--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTUwMjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/f5d739f51e2a59160e3aae0ddb7c5296","width":480,"height":251}},"lazy":false},{"type":"text","content":"ROCKFORD, Mich., May 08, 2025--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for the first quarter ended March 29, 2025.","length":163,"tagName":"p"},{"type":"text","content":""Our results in the first quarter are further proof of the effectiveness of our strategy and the team's execution," said Chris Hufnagel, President and Chief Executive Officer of Wolverine Worldwide. "Merrell and Saucony fueled our growth with double-digit revenue increases, and we more than tripled our earnings year-over-year, again delivering a record gross margin performance. We've worked to reinvent Wolverine Worldwide for the future – focusing squarely on awesome product, amazing stories, and driving the business. While there's uncertainty in the marketplace today, I'm excited by the momentum we've generated, and I believe we're well positioned with great global brands, a variety of strategic and operational advantages, and most importantly, a talented and resilient team to navigate the near-term challenges and emerge an even better company."","length":902,"tagName":"p"},{"type":"text","content":"FINANCIAL HIGHLIGHTS","length":20,"tagName":"p"},{"type":"text","content":"Financial results for 2025, and comparable results from 2024, in each case, for our ongoing business exclude the results of the Sperry business, which was sold in January 2024. Tables have been provided in the back of this release showing the impact of these adjustments our financial results.","length":293,"tagName":"p"},{"type":"text","content":"FIRST QUARTER 2025 FINANCIAL HIGHLIGHTS","length":39,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"2","rowspan":"1","style":"vertical-align:bottom;border-bottom:solid black 1.0pt;padding-left:0.0px;","val":[{"type":"text","content":...