Wolverine Worldwide continued to see its turnaround efforts bear fruit in the third quarter.

The Rockford, Mich.-based footwear company said total revenue in the third quarter of 2025 was $470.3 million, up 6.8 percent from $440.2 million the same time last year. Ongoing total revenue in Q3 – which excludes the results of the Sperry business, which was sold in January 2024 – was also $470.3 million, an increase of 6.9 percent from $440.1 million the prior year period.

Net earnings in the quarter were $25.1 million, up from $23.2 million the same time last year. Diluted earnings per share in Q3 were 30 cents, up from 28 cents the prior year’s period.

These results were above the guidance Wolverine Worldwide , FN’s 2025 Company of the Year, laid out last quarter, which called for n

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