Wolverine Worldwide Reports Record First-Quarter Earnings And Raises Full-Year Earnings Outlook

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Wolverine World Wide (WWW) PT Raised to $38 at Stifel

May 9, 2018 1:05 PM EDT

Stifel raised its price target on Wolverine World Wide (NYSE: WWW) to $38.00 (from $34.00) while maintaining a Buy rating.

Analyst Jim Duffy said 1Q strength reflects the benefits of WWWs strong operational execution and focus on quality of revenue.

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Wolverine World Wide (WWW) Tops Q1 EPS by 13c; Raises Outlook

May 9, 2018 6:32 AM EDT

Wolverine World Wide (NYSE: WWW) reported Q1 EPS of $0.50, $0.13 better than the analyst estimate of $0.37. Revenue for the quarter came in at $534.1 million versus the consensus estimate of $530.99 million.

GUIDANCE:

Wolverine World Wide sees FY2018 EPS of $2.00-$2.10, versus the... More