Wolverine World Wide (WWW) Tops Q2 EPS by 21c, Revenues Beat
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Wolverine Worldwide Reports Strong Cash Flow and Better-Than-Expected Revenue and Earnings for the Second Quarter
August 5, 2020 6:30 AM EDTROCKFORD, Mich., Aug. 05, 2020 (GLOBE NEWSWIRE) -- Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for the second quarter ended June 27, 2020, that significantly exceeded its expectations across every key financial metric and provided an update on initiatives implemented to navigate the COVID-19 pandemic.
The Company's second quarter results were much stronger than expected, despite the negative impact of unprecedented global market conditions and significant retail store closures for much of the time period, said Blake W. Krueger, Wolverine Worldwides Chairman, Chief Executive Officer and President. Our brands excelled online, with nearly triple-digit... More
