Wolverine World Wide (WWW) reported first quarter net income attributable to company of $11.1 million or $0.13 per share, compared to a loss of $14.5 million or $0.19 per share, prior year. Adjusted earnings per share was $0.18 compared to $0.05. Analysts on average expected the company to report profit per share of $0.11, for the quarter. Analysts' estimates typically exclude special items. Revenue increased to $412.3 million from $394.9 million, prior year.
The company said, due to uncertainty around tariffs and related macro-economic conditions, it is not providing a full-year 2025 outlook, and is withdrawing 2025 guidance issued on February 19, 2025.
For the second quarter, the company expects earnings per share in the range of $0.17 to $0.22 and adjusted earnings per share in the range of $0.19 to $0.24. Revenue is projected to be approximately $440 million to $450 million, representing growth of approximately 3.7% to 6.0%.
Shares of Wolverine World Wide are up 4% in pre-market trade on Thursday.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.