Key Takeaways Saucony's revenues rose 29.6% to $129.8M, with the Asia-Pacific sales more than doubling y/y. Merrell's revenues climbed 13.2% to $150.6M, marking nine U.S. hiking share gains in 10 quarters. The gross margin grew nearly 400 bps at Saucony and above 200 bps at Merrell on pricing and mix.Wolverine World Wide, Inc. (WWW) delivered a strong performance in the first quarter of 2025, led by the continued momentum of its two flagship brands, Saucony and Merrell. These brands, which anchor the comp ...

Core Insights - Deckers Outdoor Corporation's performance is primarily driven by strong consumer demand for its flagship brands, HOKA and UGG, with year-over-year sales growth of 10% and 3.6% respectively in Q4 FY25 [1][9] Brand Performance - HOKA's sales reached $2.2 billion in FY25, reflecting a 23.6% year-over-year increase, supported by new product launches and international expansion, particularly in EMEA and China [4][2] - UGG generated $2.5 billion in sales for FY25, marking a 13.1% year-over-year growth, with a focus on expanding its product line beyond cold-weather offerings [4][3] International Growth - HOKA's international revenues grew by 39% year-over-year, now accounting for 34% of total brand sales, while UGG's international revenues increased by 20%, representing 39% of total sales [4][2] Competitive Landscape - Key competitors in brand innovation include Wolverine World Wide, Inc. and Urban Outfitters Inc., with Wolverine's Saucony and Merrell brands showing strong revenue growth [5][6] - Urban Outfitters' brand portfolio also demonstrated positive performance, with notable increases in net sales for its brands [7] Financial Performance and Valuation - Deckers' shares have declined by 50% year-to-date, compared to a 17.6% decline in the industry [8] - The company trades at a forward price-to-earnings ratio of 16.45X, slightly below the industry's average of 17.01X [10] - Zacks Consensus Estimate indicates a projected earnings decline of 4.4% for FY26, with a potential recovery of 9.1% in FY27 [11]

Key Takeaways NIKE is refocusing on digital, innovation and premium full-price selling to regain growth and profitability. Wolverine is driving brand heat through targeted storytelling, selective distribution and pricing discipline. WWW's diversified portfolio and leaner model position it to navigate macro headwinds better than NKE.In the world of athletic and lifestyle footwear, few rivalries are as compelling as NIKE Inc. (NKE) and Wolverine World Wide, Inc. (WWW) . On one side stands NIKE — the global ...

Core Insights - Saucony has launched the Saucony SILO collection, which merges high-fashion influences with the brand's heritage and technology, aiming to redefine luxury sneakers [1][2] - The collection features five key silhouettes, emphasizing modern innovation and comfort alongside sophisticated styling [2][3] - The official global launch date for the SS25 collection is April 17, 2025, available at select retailers and online [3] Company Overview - Saucony is recognized as a leading global performance running brand, part of Wolverine World Wide, Inc., and has a history dating back to 1898 [4] - The brand is known for its innovative technologies, including PWRRUN™ PB, PWRRUN+™, and SPEEDROLL™, which enhance both technical and lifestyle footwear [4] - Saucony aims to inspire individuals through running culture and self-expression, highlighting its commitment to innovation and style [4]