Wolverine World Wide, Inc. reported a strong first quarter for 2026, with revenue of $457.6 million, up 11.0% from $412.3 million a year earlier. Growth was led by the Active Group, where revenue rose 13.7%, and key brands Merrell and Saucony, which grew 12.7% and 20.1% respectively.
Gross margin held steady at 47.6%, while operating margin improved to 7.4% from 5.1%. Diluted earnings per share increased to $0.24 from $0.15, and adjusted diluted EPS rose to $0.25 from $0.19. Net debt declined to $519 million, a 14.1% reduction.
For full-year 2026, the Company guides revenue to about $1.960–$1.985 billion, implying mid-single-digit growth. It now expects gross margin of 46.4% and operating margin of 9.2%, with adjusted operating margin of 9.5%. Diluted EPS guidance has been raised to $1.39–$1.54, and adjusted diluted EPS to $1.43–$1.58.
Wolverine World Wide, Inc. reported results from its 2026 Annual Meeting of Shareholders held on May 7, 2026. Shareholders elected four directors—Cheryl Abel-Hodges, William K. Gerber, Nicholas T. Long, and Kathleen Wilson-Thompson—to three-year terms expiring at the 2029 annual meeting.
Shareholders also approved, on an advisory basis, the compensation of the company’s named executive officers, with 69,069,775 votes for and 2,434,949 against. They ratified the appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal year 2026, with 74,640,247 votes in favor.
A shareholder proposal regarding new climate change policies or practices was rejected, receiving 7,440,753 votes for and 62,995,443 against, with 1,262,366 abstentions and 5,300,474 broker non-votes.
Wolverine World Wide Chief Financial Officer Taryn L. Miller reported routine equity compensation transactions involving restricted stock units and related tax withholding. On May 10, 2026, she exercised RSU awards into common stock and had shares withheld at $16.70 per share to cover tax obligations, with no open‑market purchases or sales disclosed.
Wolverine World Wide director Kathleen Wilson-Thompson received an equity grant of 9,113 Restricted Stock Units on May 7, 2026. These units were granted at no cash price and convert into shares of Common Stock on a one-for-one basis.
The Restricted Stock Units vest on May 7, 2027, and Wilson-Thompson has elected to defer receipt of the underlying shares until May 7, 2031. Following this grant, she holds 9,113 Restricted Stock Units directly.
Wolverine World Wide director DeMonty Price received a grant of 9,113 Restricted Stock Units (RSUs). These RSUs convert into shares of common stock on a one-for-one basis. They vest on May 7, 2027, and Price has elected to defer receipt of the underlying shares until May 7, 2031.
Wolverine World Wide director Nicholas T. Long received a grant of 15,580 Restricted Stock Units that each convert into one share of Common Stock on a one-for-one basis. These RSUs vest on May 7, 2027, and Long has elected to defer receipt of the shares until May 7, 2031. Following this grant, his reported derivative holdings from this award total 15,580 RSUs.
Wolverine World Wide director Brenda J. Lauderback received a grant of 9,113 Restricted Stock Units as equity compensation. These units convert into shares of Common Stock on a one-for-one basis and will vest on May 7, 2027. Following this award, she holds 9,113 RSUs directly.
Wolverine World Wide director William K. Gerber received a grant of 9,113 Restricted Stock Units (RSUs). These RSUs were awarded at no cash cost per unit and each unit converts into one share of common stock.
The RSUs vest on May 7, 2027, meaning Gerber will receive the underlying common shares only if the vesting conditions are satisfied. Following this grant, his reported RSU holdings from this award total 9,113 units, reflecting a routine equity-based compensation grant rather than an open-market stock purchase or sale.
Boyle Jack reported acquisition or exercise transactions in this Form 4 filing.
Wolverine World Wide director Jack Boyle reported a compensation-related equity grant. He received 9,113 Restricted Stock Units, each convertible into one share of Common Stock on a one-for-one basis. These RSUs vest on May 7, 2027, and his reported direct holdings after the grant are 9,113 units.
Wolverine World Wide director Stacia J.P. Andersen received a grant of 9,113 Restricted Stock Units. Each unit converts into one share of Common Stock. The units vest on May 7, 2027, and she has elected to defer receipt of the underlying shares until May 7, 2031. Following this award, she holds 9,113 RSUs directly.