The total turnover rose by 11.5 % to $ 474.2 million (approx. EUR 436.06 million) compared to the previous year. The Active Group division developed particularly strongly with sales growth of 16.2 %.
The gross margin improved significantly by 4.1 percentage points to 47.2 %, which is primarily due to a cheaper product mix development, lower advertising activities and efficiency increases in the supply chain. The operational margin also increased from 6.8 % to 8.6 %. The adjusted result per share more than doubled to $ 0.35.
In the area of direct-to-consumers, the company recorded a slight drop in sales of 1.6 %. In the quarterly comparison, the inventory rose moderately by 6.4 % to $ 316 million (approx. 290.72 million euros). Net debt was reduced by almost 15 % in the year.
For the third quarter of 2025, Wolverine Worldwide continues to expect growth in sales and gross margin, whereby the operational result is easily forecast.
Wolverine Worldwide is a global manufacturer and distributor of shoe and sportswear with well-known brands such as Merrell and Saucony.
