Wolverine World Wide Inc income statement
In fiscal 2025, Wolverine World Wide Inc reported revenue of $1.87bn, up 6.8% on the year before, operating income of $150m (a 8.0% margin) and net income of $95.8m, or $1.14 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Jan 2010 | 2010Jan 2011 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Jan 2015 | 2015Jan 2016 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Jan 2021 | 2021Jan 2022 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Jan 2026 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,101 | 1,249 | 1,409 | 1,641 | 2,691 | 2,761 | 2,692 | 2,495 | 2,350 | 2,239 | 2,274 | 1,791 | 2,415 | 2,685 | 2,243 | 1,755 | 1,874 | 1,952 |
| Cost of revenue | — | — | — | — | — | — | — | 1,526 | 1,427 | 1,318 | 1,350 | 1,056 | 1,385 | 1,614 | 1,369 | 977 | 988 | 1,032 |
| Gross profit | 432 | 493 | 557 | 628 | 1,065 | 1,086 | 1,052 | 960 | 914 | 921 | 924 | 736 | 1,030 | 1,070 | 874 | 778 | 887 | 920 |
| Selling, general and administrative | 316 | 347 | 387 | 482 | 830 | 815 | 816 | 754 | 706 | 654 | 669 | 639 | 818 | 906 | 856 | 690 | 730 | 746 |
| Operating income | 86 | 142 | 170 | 114 | 192 | 230 | 201 | 164 | 32 | 252 | 171 | −137 | 156 | −208 | −67 | 98 | 150 | 170 |
| Interest expense | 0 | 1 | 1 | 15 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net interest income | — | — | −1 | −14 | −52 | −45 | −38 | −35 | −32 | −25 | −30 | −44 | −37 | −47 | −64 | −43 | −33 | −30 |
| Income before tax | 86 | 143 | 169 | 94 | 128 | 182 | 165 | 111 | −11 | 227 | 146 | −184 | 80 | −253 | −133 | 58 | 122 | 142 |
| Income tax | 24 | 39 | 46 | 13 | 27 | 48 | 41 | 23 | −10 | 27 | 17 | −46 | 13 | −64 | −95 | 9 | 21 | 28 |
| Net income | 62 | 104 | 123 | 81 | 100 | 133 | 123 | 88 | 0 | 200 | 129 | −137 | 69 | −188 | −39 | 45 | 96 | 108 |
| Diluted EPS | $0.62 | $1.05 | $1.24 | $0.81 | $0.99 | $1.30 | $1.20 | $0.89 | $0.00 | $2.05 | $1.44 | −$1.70 | $0.81 | −$2.37 | −$0.49 | $0.55 | $1.14 | $1.32 |
| Diluted shares (average) | 98m | 98m | 97m | 97m | 99m | 100m | 100m | 96m | 95m | 95m | 87m | 81m | 83m | 80m | 79m | 80m | 82m | 82m |
| EBITDA | 102 | 157 | 186 | 141 | 249 | 283 | 250 | 207 | 69 | 283 | 204 | −104 | 189 | −174 | −32 | 124 | 176 | 194 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Jan 2026 | 2026 Q1Apr 2026 | 2026 Q2Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 440 | 495 | 412 | 474 | 470 | 518 | 458 | 506 |
| Cost of revenue | 242 | 279 | 216 | 250 | 247 | 274 | 240 | 271 |
| Gross profit | 199 | 216 | 196 | 224 | 223 | 243 | 218 | 235 |
| Selling, general and administrative | 171 | 175 | 172 | 182 | 183 | 192 | 183 | 187 |
| Operating income | 35 | 38 | 21 | 41 | 40 | 49 | 34 | 47 |
| Net interest income | −10 | −9 | −8 | −9 | −8 | −8 | −7 | −7 |
| Income before tax | 29 | 27 | 15 | 34 | 33 | 40 | 28 | 41 |
| Income tax | 5 | 3 | 1 | 5 | 7 | 8 | 5 | 8 |
| Net income | 23 | 23 | 12 | 27 | 25 | 32 | 20 | 31 |
| Diluted EPS | $0.28 | $0.28 | $0.15 | $0.32 | $0.30 | $0.38 | $0.24 | $0.37 |
| EBITDA | 41 | 45 | 27 | 47 | 47 | 55 | 39 | 53 |
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