Wolverine World Wide

Wolverine makes shoes and clothes for work and play. These items help people stay comfortable and safe. The products serve hikers, workers, and athletes worldwide.

What Wolverine Makes

• Active Footwear: Hiking, trail running, and lifestyle shoes for outdoor enthusiasts.
• Work Boots: Rugged footwear for construction, core trades, and industrial environments.
• Athletic Apparel: Performance activewear, high-performance leggings, and lifestyle pieces for women.
• Uniform Footwear: Specialized boots and shoes for police, firefighters, and military personnel.

Strategic Shifts and Brand Sales

• Sold the global Sperry business to Authentic Brands Group LLC in January 2024.
• Divested the global Keds business to Designer Brands, Inc. in February 2023.
• Closed the sale of the Wolverine Leathers Division across two separate transactions in 2023.
• Licensed the Hush Puppies brand in North America during 2023.
• Transferred trademark rights for Hush Puppies in China to Beijing Jiaman Dress Co., Ltd. in September 2023.

A Global Footprint

Wolverine reaches consumers in approximately 170 countries and territories through a mix of owned operations and third-party partners. The company manages a diverse portfolio of brands by combining internal design expertise with global licensing and distribution networks.

Recovery by the Numbers

• Revenue reached $517.5 million in Q4 2025, up 4.6% from the previous year.
• Net income reached $32.8 million in Q4 2025, up 33.3% year-over-year.
• Operating income hit $50.2 million in Q4 2025, improving from a $186.9 million loss two years ago.
• Free cash flow hit $145.6 million in Q4 2025, up 95.7% year-over-year.

Focus on the Essentials

Wolverine has streamlined its operations by selling non-core brands to focus on its most profitable footwear and apparel groups. This transformation has helped the company return to profitability and significantly improve its cash flow position.