US’ Wolverine’s Q1 earnings rebound with record gross margin of 47.3%
Wolverine Worldwide has reported revenue of $412.3 million in Q1 2025, up 4.4 per cent YoY, driven by strong growth in Merrell and Saucony. The gross margin rose to a record 47.3 per cent, and EPS improved to $0.13. For Q2, revenue is expected between $440–$450 million, with EPS of $0.17–$0.22. Due to tariff-related uncertainty, full-year guidance has been withdrawn.
Wolverine Worldwide has reported revenue of $412.3 million in Q1 2025, up 4.4 per cent YoY, driven by strong growth in Merrell and Saucony.
The gross margin rose to a record 47.3 per cent, and EPS improved to $0.13.
For Q2, revenue is expected between $440–$450 million, with EPS of $0.17–$0.22.
Due to tariff-related uncertainty, full-year guidance has been withdrawn.
