Wolverine World Wide sees FY25 adjusted EPS $1.05-$1.20, consensus $1.34

Sees FY25 revenue $1.795B-$1.825B, consensus $1.85B. FY25 revenue guidance represents a growth of approximately 2.5%-4.3% compared to the 2024 ongoing business and constant currency growth of approximately 4.7%-6.5%. Sees FY25 gross margin 45.5%, up 100 basis points compared to 2024; operating margin 7.7%, up 190 basis points compared to 2024 operating margin, and adjusted operating margin 8.3%, up 80 basis points compared to 2024 adjusted operating margin for our ongoing business; effective tax rate 18.0%; “2024 was a pivotal year for our 142-year-old Company. While we haven’t yet reached our full potential, I’m encouraged by the progress we’ve made and thankful for our teams and partners around the world,” said Hufnagel CEO. “The most important chapter is the next one, as we drive together to deliver better, more consistent returns for our shareholders.”