Wolverine World Wide (WWW) Tops Q1 EPS by 2c, Revenues Miss; Offers FY19 EPS/Revenue Outlook

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Wolverine World Wide (WWW) PT Lowered to $40 at DA Davidson

May 10, 2019 9:13 AM EDT

DA Davidson analyst Michael Kawamoto lowered the price target on Wolverine World Wide (NYSE: WWW) to $40.00 (from $43.00) while maintaining a Buy rating following the company's 1Q report. WWW reported revenue and adjusted EPS of $523.4M and $0.49, compared to consensus of $535.5M and $0.47. 2Q guidance... More