Wolverine Worldwide lifts profit outlook after Q1 beat

MSN
2026.05.15 12:13
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Wolverine Worldwide reported Q1 earnings that surpassed Wall Street expectations, with adjusted EPS rising over 30% year-on-year. The brands Merrell and Saucony experienced significant growth due to new products and marketing efforts. Management has reaffirmed revenue guidance and raised profit forecasts, despite challenges from tariffs and rising freight costs.