Wolverine World Wide (WWW) Tops Q1 EPS by 2c, Revenues Miss; Offers FY19 EPS/Revenue Outlook
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Wolverine World Wide Reports First Quarter Results and Reaffirms Full-Year Outlook
May 9, 2019 6:30 AM EDTROCKFORD, Mich., May 09, 2019 (GLOBE NEWSWIRE) -- Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for the first quarter ended March 30, 2019. The Company also provided an update on its key 2019 investments and full-year 2019 outlook.
We are pleased to report first quarter earnings per share which exceeded our expectations, said Blake Krueger, Wolverine World Wides Chairman, Chief Executive Officer and President. Four of our top-five brands delivered revenue above plan during the quarter, including Merrell and Saucony, and our owned eCommerce business continued to be robust, growing 28% over the prior year. This strength... More
