American footwear and apparel manufacturer Wolverine Worldwide Inc. (NYSE:WWW) is navigating a challenging landscape marked by tariffs and cautious consumer spending, yet the company is finding ways to thrive. Wolverine reported on Wednesday that its second-quarter 2025 revenue rose 11.5% year-over-year to $474.2 million, beating the consensus estimate of $447.4 million.
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The increase was driven by growth across its Active and Work Groups.
The Active Group led the performance with revenue increasing 16.2% (+14.3% at constant currency) to $355.5 million. The Work Group saw a modest 2.4% growth to $107.5 million.
“Our second quarter results exceeded our expectations, which led to the strongest revenue growth we’ve seen in several years. This growth, coupled with another quarter of record gross margin, helped more than double our earnings per share year-over-year,” said Chris Hufnagel, president and CEO of Wolverine Worldwide.
Merrell brand sales increased by 10.7% to $157.9 million. Saucony brand sales jumped 41.5% to $144.3 million. Wolverine brand sales declined 7.5% to $37.1 million. Sweaty Betty …