Piper Jaffray Remains Neutral as Wolverine World Wide's (WWW) 3Q Results Brings Muted Visibility

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Wolverine Worldwide Reports Third-Quarter 2015 Earnings In Line With Guidance

October 20, 2015 6:31 AM EDT

ROCKFORD, Mich., Oct. 20, 2015 /PRNewswire/ -- Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for the third quarter ended September 12, 2015.  Adjusted financial results exclude restructuring and impairment and acquisition-related integration costs.

"We again delivered earnings in line with our expectations for the quarter, while continuing to fuel our long-term strategic investments," said Blake W. Krueger, Wolverine Worldwide's Chairman, Chief Executive Officer and President.  "Our earnings performance is a testament to the power of our diversified brand portfolio and disciplined business model and our ability to deliver solid results in a challenging... More