Wolverine World Wide (WWW) Tops Q3 EPS by 6c, Revenue Misses

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Wolverine World Wide Reports Third Quarter 2018 Results and Raises Full-Year Earnings Outlook

November 7, 2018 6:30 AM EST

ROCKFORD, Mich., Nov. 7, 2018 /PRNewswire/ -- Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for the third quarter ended September 29, 2018. The Company also updated its full-year 2018 outlook.

"We reported strong earnings during the third quarter driven by healthy gross and operating margin expansion," said Blake Krueger, Wolverine Word Wide's Chairman, Chief Executive Officer and President. "Our Way Forward transformation initiatives continue to gain traction and deliver tremendous benefits as evidenced by better than expected operating leverage in the quarter. Underlying revenue growth in the third quarter was... More