Shares of Wolverine World Wide (NYSE: WWW) are surging 6.08% in pre-market trading on Thursday following the release of its impressive first-quarter 2025 financial results. The footwear and apparel company significantly outperformed analyst expectations, demonstrating resilience in a challenging economic environment.
For the first quarter, Wolverine World Wide reported adjusted earnings per share of $0.18, surpassing the analyst consensus estimate of $0.11 by 63.64%. This represents a substantial 260% increase from the $0.05 per share earned in the same period last year. Revenue for the quarter came in at $412.3 million, beating the analyst estimate of $395.7 million by 4.20% and showing a 4.41% year-over-year growth from $394.9 million.
Looking ahead, the company provided guidance for the second quarter, projecting adjusted earnings per share between $0.19 and $0.24, and revenue in the range of $440 million to $450 million. However, due to uncertainties surrounding tariffs, Wolverine World Wide has withdrawn its previously issued 2025 guidance and stated it would not be providing a full-year outlook at this time. Despite this cautious approach, investors appear to be focusing on the strong Q1 results and positive Q2 outlook, driving the stock's pre-market rally.
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