Merrell news and archive

Wolverine Worldwide expects to report strong growth in Q2 sales

In an update on the second quarter results, Wolverine World Wide, Inc. has announced that its performance has accelerated in the quarter of the year, fuelled by the strength of its largest brands and compelling product innovation. “The Company continues to see strong momentum and better-than-expected trends across nearly all brands in the...

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Wolverine Worldwide Q4 sales drop by 16.1 percent

For the fourth quarter, Wolverine World Wide, Inc. said reported revenue was 509.6 million dollars, down 16.1 percent versus the prior year, while on a constant currency basis, revenue was down 16.4 percent versus the prior year. The company’s owned ecommerce reported revenue grew 31.7 percent versus the prior year. The company added that...

Business

Wolverine Worldwide Q3 revenues decline by 14.1 percent

Wolverine World Wide, Inc. reported revenue of 493.1 million dollars, down 14.1 percent, while on a constant currency basis, revenue was down 14.6 percent and company-owned ecommerce revenue grew 56.4 percent versus the prior year. “The Company’s third quarter results significantly exceeded our expectations, reaffirming the inherent strength of...

Business

Wolverine Worldwide Q2 sales drop but online revenues grow 96 percent

Wolverine World Wide, Inc. reported revenue of 349.1 million dollars, down 38.6 percent versus the prior year. On a constant currency basis, the company said in a statement, revenue was down 38.3 percent versus the prior year, while company-owned ecommerce revenue grew 96 percent versus the prior year. “The company’s second quarter results were...

Business

Wolverine Worldwide sees over 90 percent rise in online revenues

Through the first nine weeks of the second quarter of fiscal 2020, Wolverine World Wide, Inc. said company-owned ecommerce grew more than 90 percent, delivering more than 40 percent of the company’s revenue. The company said in a statement that performance brands Merrell and Saucony as well as work brands Wolverine and Cat Footwear led this...

Business

Wolverine Worldwide Q1 revenues fall by 16.1 percent

Wolverine World Wide, Inc., for its first quarter said reported revenue was 439.3 million dollars, down 16.1 percent versus the prior year. On a constant currency basis, revenue was down 15.6 percent versus the prior year, while company-owned ecommerce growth for the quarter was 17.5 percent. Reported gross margin was 41.4 percent, compared to...

BusinessFeatured

Wolverine Worldwide's Q4 adjusted earnings increase 13.5 percent

Wolverine World Wide, Inc. reported revenue of 607.4 million dollars, an increase of 4.8 percent, while adjusting for currency, revenues increased 5.1 percent. The company said in a statement, reported gross margin of 37.8 percent, decreased 140 basis points versus the prior year. Reported operating margin was negative 0.8 percent, and adjusted...