Wolverine Worldwide implemented $ 412.3 million in the first quarter of 2025 (end: March 29, 2025). This is an increase of 4.4% of the previous year, when sales were $ 394.9 million (EUR 357.78 million). Current -adjusted the plus is 5.6%. Merrell and Saucony in particular were able to drive sales up. Sales with the Merell brand rose by 13.2% (currency -adjusted 14.4%) to $ 150.6 million. (EUR 135.3 million) Sales with Saucony even rose by 29.6% (currency -adjusted 31.3%) to $ 129.8 million (EUR 116.6 million). A falling sales, on the other hand, had to be accepted by the Wolverine and Sweaty Betty brands. The Wolverine turnover fell by 9.2% (currency adjusted 9.2%) to $ 37.4 million. (33.6 million euros). The Sweaty Betty turnover fell by 15.9% (currency-adjusted 15.5%) to $ 38.0 million (EUR 34.1 million).
The gross margin was increased by 140 basis points to 47.3%. In the first quarter of 2024 it was still 45.9%. The operational margin is again in the positive area and is 4.8%. In the comparison period it was -0.8%. The diluted result per share has increased to +0.13 dollars and was previously at -0.19 dollars.
For the second quarter, Wolverine Worldwide predicts a umbrella of $ 440 to $ 450 million (395.2 to 404.3 million euros). That would be 3.7% to 6.0% more than in the second quarter of 2024. The diluted result per share would therefore be $ 0.17 to $ 0.22.
