Total revenue in the third quarter of 2026 was $505.4 million, up 7.5 percent from the same time last year.
Wolverine Worldwide is raising its outlook for the year while touting its eighth consecutive quarter of growth.
The Rockford, Mich.-based footwear company said total revenue in the third quarter of 2026 was $505.4 million, up 7.5 percent from $470.3 million the same time last year.
Net earnings in the quarter were $67.1 million, up from $26.3 million a year ago. Diluted earnings per share in Q3 were 78 cents, up from 30 cents in the same year-ago quarter.
These results beat analysts’ expectations, which called for net sales in Q3 at between $495.3 million to $505 million and earnings per share between 45 cents and 48 cents, according to Yahoo Finance.
By brand, Merrell and Saucony continued to lead the way in Q3 in terms of growth. At Merrell, net sales in the period were $178.2 million, a 6.5 percent increase from $167.3 million last year. At Saucony, net sales were $158.9 million, a 19.4 percent increase from $133.1 million just a year ago.
At the company’s namesake Wolverine brand, net sales declined 4.1 percent to $43.5 million in the first quarter from $45.3 million a year ago. And at Sweaty Betty, net sales decreased 7 percent in Q3 to $41.4 million from $44.5 million.
1 million. 4 percent, compared to the prior year.
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