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Wolverine World Wide Inc., based in Rockford, Michigan, designs, manufactures and markets footwear and slippers in the branded casual, active lifestyle, work, outdoor sport and uniform categories. The company's brands include Bates, Cat Footwear, Chaco, Harley-Davidson Footwear, Hush Puppies, HYTEST, Merrell, Saucony, Stride Rite, Sweaty Betty, and the eponymous Wolverine. It does business in about 180 countries and employs approximately 3,000 people. The shares are a component of the S&P 600 Small-Cap Index.

The major indices are broadly lower at midday on Monday. There's not much good news out there to celebrate. Renewed strikes between the U.S. and Iran have increased tensions in the Middle East. Oil prices are climbing again. Add to that, Fed Chairman Kevin Warsh hinted last week that rates might be heading higher as inflation stays stubbornly elevated. Crude oil is at $85 per barrel. The yield on the 10-year note is at 4.76%.

Earnings season is almost over, with about 97% of S&P 500 companies having reported as of Friday. Many knocked it out of the park, delivering earnings and revenue numbers that were well ahead of expectations. We always look at trends and, as usual, there are companies increasing guidance. Raising guidance is one of our Investing Themes for the second half of 2026. We view management's ability to raise guidance consistently as a catalyst for possible market-beating returns in the quarters ahead. It's even harder for companies to lift guidance during uncertain economic times, as vision is murky. This is true now, as the war in the Middle East drags on. As well, Wall Street has a new chairman of the Federal Reserve, one with a different view about forward-looking guidance (or in this case, a lack thereof). As many companies increased guidance during this earnings cycle, we put out two lists. The first was back on August 3 -- and now we offer up our second list, made up of companies in Argus' fundamental Universe of Coverage. Many of the names in this latest list are in the consumer space, as these companies tend to report at the end of earnings season.

Abercrombie & Fitch is a global mall-based clothing retailer. The company has two brands: Abercrombie, which also includes Abercrombie Kids, and Hollister, which includes the Gilly Hicks brand. The company is based in Ohio and has about 7,000 full-time employees.