Slide 1: Investor Presentation
2Q26 INVESTOR PRESENTATION SECOND QUARTER 2026 Investor Presentation
Slide 2: Forward-Looking Statements
2Q26 INVESTOR PRESENTATION Forward-Looking This presentation contains forward-looking statements, including statements regarding the Company's outlook for the third quarter of 2026 and the 2026 fiscal year including, among others: reported and constant currency revenue; reported gross margin; report
Slide 3: Company Overview
01 2Q26 INVESTOR PRESENTATION Company Overview
Slide 4: A Portfolio of Global Performance Brands
2Q26 INVESTOR PRESENTATION A Portfolio of Global VISION: Performance Brands Make. Every Day. Better. 2025 Revenue Brands Performance footwear and apparel 2025 Adj. Operating Margin1 Our Brands brands with significant opportunity for lifestyle wearing occasions. 75% 23% 2% 9.0% $1.87B ACTIVE WORK GRO
Slide 5: Brand-Building Model
2Q26 INVESTOR PRESENTATION Brand-Building Build Awesome Model SAUCONY MERRELL SWEATY Products BETTY Our Brand-Building Model is focused on product, storytelling, and driving the business to deliver profitable growth in ENDORPHIN ELITE 3 AGILITY PEAK 6 POWER 6” SHORTS line with our value creation str
Slide 6: Key Strategic Advantages
2Q26 INVESTOR PRESENTATION Key Strategic Advantages 1. Authentic, Innovative Brands Our brands possess deep authenticity and product design and innovation credibility. 2. Attractive Markets Our brands are positioned in attractive performance categories aligned with consumer macro trends with signifi
Slide 7: Strategic Advantages: Authentic, Innovative Brands
2Q26 INVESTOR PRESENTATION 1. Strategic Advantages: Authentic, Innovative Brands ADDITIONAL BRANDS EST. 1981 EST. 1898 EST. 1998 EST. 1883 Global outdoor performance Original running brand with Premium women’s Original work brand with and lifestyle brand. renowned innovation. activewear brand. trust
Slide 8: Strategic Advantages: Attractive Markets
2Q26 INVESTOR PRESENTATION 2. Strategic Advantages: Attractive Markets Market Opportunity Our brands possess authenticity in SIZE OF CIRCLES REPRESENTS ESTIMATED RESPECTIVE GLOBAL MARKET SIZE1 attractive performance categories with significant opportunity to expand into broader lifestyle wearing occ
Slide 9: Strategic Advantages: Extensive Global Distribution Network
2Q26 INVESTOR PRESENTATION 3. Strategic Advantages: Extensive Global Distribution Network 48% REVENUE 32% REVENUE 10% REVENUE 6% REVENUE 4% REVENUE Our brands are marketed in approximately 170 46% 33% 11% 6% 4% countries and territories around the world via UNITS UNITS UNITS UNITS UNITS a network of
Slide 10: Strategic Advantages: Centers of Excellence
2Q26 INVESTOR PRESENTATION 4. Strategic Advantages: Centers of Excellence The Collective Insights and creative talent to fuel innovation and storytelling. International In-market expertise and partnerships to build brands globally. Licensing Model and category knowledge to capture new, efficient bus
Slide 11: Shareholder Value Creation Model
2Q26 INVESTOR PRESENTATION Shareholder Value Creation Model We aspire to deliver top-quartile total shareholder return as follows: Financial Aspiration Capital Allocation Resulting Shareholder Return ORGANIC REVENUE GROWTH Invest in the Business Mid-to-high-single-digit growth EPS GROWTH Resulting f
Slide 12: Financial Results & Outlook
02 2Q26 INVESTOR PRESENTATION Financial Results & Outlook
Slide 13: 2Q26 Financial Results
2Q26 INVESTOR PRESENTATION 2Q26 Financial Results 2Q26 Results 2Q26 Guidance1 Revenue $506M $495M TO $500M Y/Y: +6.8% // C$2 +6.1% Gross Margin 46.5% APPROXIMATELY Y/Y: -70 bps 46.4% Adjusted 10.0% APPROXIMATELY Operating Margin3 Y/Y: +80 bps 9.5% Adjusted EPS3 $0.40 $0.35 TO $0.38 Y/Y: +14.3% // C$
Slide 14: 2Q26 Performance
2Q26 INVESTOR PRESENTATION 2Q26 Performance Constant $M, except per share values 2Q26 2Q25 Y/Y Change Currency Change1 Reported Segment Revenue Results: ACTIVE GROUP $388.4 $355.5 9.3% 8.5% WORK GROUP $105.8 $107.5 (1.6%) (2.1%) OTHER $12.2 $11.2 8.9% 10.7% TOTAL REVENUE $506.4 $474.2 6.8% 6.1% Repo
Slide 15: Multi-Year Improvement in Financial Performance
2Q26 INVESTOR PRESENTATION Multi-Year Improvement in Ongoing Revenue1 ($M) Adjusted Operating Margin2 Financial $1,992 $1,874 9.0% Performance $1,750 7.3% 4.0% In 2025, successful execution of our Brand- Building Model delivered strong results while further strengthening our balance sheet. This mome
Slide 16: 3Q26 & FY26 Guidance
2Q26 INVESTOR PRESENTATION 3Q26 & FY26 Guidance 3Q26 FY26 Revenue % Growth rates at the midpoint of the range $495M TO $500M $1.98B TO $2.0B Y/Y: +5.8% // C$1 +6.5% Y/Y: +6.2% // C$1 +5.4% // C$1 & EX-53RD WEEK2 +6.1% Gross Margin APPROXIMATELY APPROXIMATELY 47.4% 46.9% Adjusted APPROXIMATELY APPROX
Slide 17: Revenue Performance & Guidance
2Q26 INVESTOR PRESENTATION Revenue Performance & Guidance Active Group Work Group FY25 RESULTS $1,408M (+13.0% Y/Y) FY25 RESULTS $422M (-7.3% Y/Y) 2Q26 RESULTS $388M (+9.3% Y/Y) 2Q26 RESULTS $106M (-1.6% Y/Y) FY26 GUIDANCE1 Grow high-single digits Y/Y FY26 GUIDANCE1 Approximately flat Y/Y Grow high-
Slide 18: Appendix
03 2Q26 INVESTOR PRESENTATION Appendix
Slide 19: Non-GAAP Information
2Q26 INVESTOR PRESENTATION Non-GAAP Information Measures referred to in this release as “adjusted” financial results and the financial results of the "ongoing business" are non-GAAP measures. Adjusted financial results exclude litigation, environmental and other related costs net of recoveries, non-
Slide 20: Reconciliation of Reported Revenue to Adjusted Revenue on a Constant Currency Basis
2Q26 INVESTOR PRESENTATION RECONCILIATION OF REPORTED REVENUE TO ADJUSTED REVENUE ON A CONSTANT CURRENCY BASIS (Unaudited) (In millions) Constant GAAP Basis Foreign Exchange Currency Basis GAAP Basis Reported Constant Currency 2026-Q2 Impact 2026-Q2 2025-Q2 Change Change Active Group $388.4 ($2.7) $
Slide 21: Reconciliation of Reported Revenue to Adjusted Revenue (Ongoing Revenue)
2Q26 INVESTOR PRESENTATION RECONCILIATION OF REPORTED REVENUE TO ADJUSTED REVENUE (ONGOING REVENUE) (Unaudited) (In millions) (1) GAAP Basis Divestiture As Adjusted Revenue - Fiscal 2025 $1,874.3 $0.0 $1,874.3 Revenue - Fiscal 2024 $1,755.0 $4.6 $1,750.4 Revenue - Fiscal 2023 $2,242.9 $250.8 $1,992.
Slide 22: Reconciliation of Revenue Excluding the 53rd Week of Fiscal 2025
2Q26 INVESTOR PRESENTATION RECONCILIATION OF REPORTED REVENUE TO ADJUSTED REVENUE (ONGOING REVENUE) EXCLUDING THE 53RD WEEK OF FISCAL 2025 (Unaudited) (In millions) (1) Adjusted Revenue GAAP Basis Adjustment Excluding 53rd Week Revenue - Fiscal 2025 $1,874.3 $12.5 $1,861.8 Revenue Growth 6.8% 6.1% 1
Slide 23: Reconciliation of Reported Operating Margin to Adjusted Operating Margin
2Q26 INVESTOR PRESENTATION RECONCILIATION OF REPORTED OPERATING MARGIN TO ADJUSTED OPERATING MARGIN (Unaudited) (In millions) GAAP Basis Adjustments (1) As Adjusted Operating Profit - Fiscal 2026 Q2 $47.3 $3.1 $50.4 Operating margin 9.3% 10.0% Operating Profit - Fiscal 2025 Q2 $40.7 $2.7 $43.4 Opera
Slide 24: Reconciliation of Reported Operating Margin to Adjusted Operating Margin
2Q26 INVESTOR PRESENTATION RECONCILIATION OF REPORTED OPERATING MARGIN TO ADJUSTED OPERATING MARGIN (Unaudited) (In millions) GAAP Basis Adjustments (1) Divestitures (2) As Adjusted Operating Profit - Fiscal 2025 $150.2 $18.9 $0.0 $169.1 Operating margin 8.0% 9.0% Operating Profit - Fiscal 2024 $97.
Slide 25: Reconciliation of Reported Diluted EPS to Adjusted Diluted EPS, Constant Currency
2Q26 INVESTOR PRESENTATION RECONCILIATION OF REPORTED DILUTED EPS TO ADJUSTED DILUTED EPS ON A CONSTANT CURRENCY BASIS (Unaudited) As Adjusted EPS Foreign Exchange On a Constant (1) GAAP Basis Adjustments As Adjusted Impact Currency Basis EPS - Fiscal 2026 Q2 $0.37 $0.03 $0.40 ($0.02) $0.38 EPS - Fi
Slide 26: Reconciliation of Reported Diluted EPS to Adjusted Diluted EPS, Constant Currency
2Q26 INVESTOR PRESENTATION RECONCILIATION OF REPORTED DILUTED EPS TO ADJUSTED DILUTED EPS ON A CONSTANT CURRENCY BASIS (Unaudited) As Adjusted EPS Foreign Exchange On a Constant (1) (2) GAAP Basis Adjustments Divestitures As Adjusted Impact Currency Basis EPS - Fiscal 2025 $1.14 $0.21 $0.00 $1.35 ($
Slide 27: 2026 Guidance Reconciliation Tables
2Q26 INVESTOR PRESENTATION 2026 GUIDANCE RECONCILIATION TABLES RECONCILIATION OF REPORTED GUIDANCE TO ADJUSTED GUIDANCE, REPORTED DILUTED EPS GUIDANCE TO ADJUSTED DILUTED EPS GUIDANCE AND SUPPLEMENTAL INFORMATION (Unaudited) (In millions, except earnings per share) (1) GAAP Basis Adjustments As Adju
Slide 28: 2026 Third Quarter Guidance Reconciliation Tables
2Q26 INVESTOR PRESENTATION 2026 THIRD QUARTER GUIDANCE RECONCILIATION TABLES RECONCILIATION OF REPORTED GUIDANCE TO ADJUSTED GUIDANCE, REPORTED DILUTED EPS GUIDANCE TO ADJUSTED DILUTED EPS GUIDANCE AND SUPPLEMENTAL INFORMATION (Unaudited) (In millions, except earnings per share) (1) GAAP Basis Adjus
Slide 29: investor.relations@wwwinc.com
2Q26 INVESTOR PRESENTATION INVESTOR.RELATIONS@WWWINC.COM