Wolverine Worldwide reported Q2 FY24 revenue of $425.2 million, down 27.8 per cent YoY.
The active group segment fell 20.2 per cent, work group dropped 10.9 per cent, and the other segment plummeted 83.8 per cent.
Key brands Merrell and Saucony saw declines of 19.2 per cent and 28 per cent, respectively.
Gross margin improved to 43.1 per cent.
The active group segment fell 20.2 per cent, work group dropped 10.9 per cent, and the other segment plummeted 83.8 per cent.
Key brands Merrell and Saucony saw declines of 19.2 per cent and 28 per cent, respectively.
Gross margin improved to 43.1 per cent.
