Wolverine World Wide (WWW) Tops Q2 EPS by 2c

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Wolverine Worldwide Announces Second-Quarter Results And Reaffirms Full-Year Outlook

July 26, 2016 6:30 AM EDT

ROCKFORD, Mich., July 26, 2016 /PRNewswire/ -- Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for the second quarter ended June 18, 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 the Cushe business.

"We delivered better-than-expected results for the second quarter," said Blake W. Krueger, Wolverine Worldwide's Chairman, Chief Executive Officer and President.  "Equally important, we continued to drive progress against our key strategic initiatives, which are designed to accelerate... More