Wolverine World Wide (WWW) Tops Q1 EPS by 15c

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Go back to Wolverine World Wide (WWW) Tops Q1 EPS by 15c

Wolverine Worldwide Exceeds First-Quarter Revenue And Earnings Consensus And Reaffirms Full-Year Outlook

May 3, 2016 6:30 AM EDT

ROCKFORD, Mich., May 3, 2016 /PRNewswire/ -- Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for the first quarter ended March 26, 2016.  Adjusted financial results exclude restructuring and impairment costs.  References to underlying revenue indicate reported revenue adjusted for the impact of foreign exchange, retail store closures, and the exit of certain brand businesses.

"We exceeded expectations for both revenue and earnings in the first quarter and believe the Company is well-positioned to achieve our objectives for the year," said Blake W. Krueger, Wolverine Worldwide's Chairman, Chief Executive Officer and... More