Wolverine World Wide's stock surged 7.87% in pre-market trading on Thursday, following the release of its fourth-quarter and full-year 2025 financial results.

The footwear and apparel company reported Q4 revenue of $517.5 million, beating analyst estimates of $510.7 million, and adjusted earnings per share of $0.45, surpassing the consensus estimate of $0.44. The company's Q4 gross margin improved to 47%, driven by product cost savings, a favorable shift toward full-price sales, and recent price increases. Revenue growth was led by a 12.4% increase in the Active Group, with strong performances from brands like Saucony.

For fiscal year 2026, Wolverine World Wide provided optimistic guidance, expecting revenue in the range of $1.96 billion to $1.985 billion and adjusted diluted earnings per share between $1.35 and $1.50. The company also reported that it repurchased approximately 0.9 million shares for about $15 million during the fourth quarter.