Wolverine World Wide, Inc. reaffirmed earnings guidance for the full year 2024. For the year, the company expects revenue is expected to be approximately $1.68 billion to $1.73 billion, which is adjusted for the new licensing model recently announced on May 1 for Merrell and Saucony kids business. This range represents a decline compared to 2023 of approximately 15.7% to 13.2% and constant currency decline of approximately 15.5% and 13.0%.

Diluted earnings per share are expected to be between $0.43. These full-year EPS projections include an approximate $0.10 negative impact from foreign currency exchange rate fluctuations.