Wolverine World Wide (WWW) Tops Q4 EPS by 4c, Offers Guidance

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Wolverine Worldwide Exceeds Fourth-Quarter Revenue and EPS Expectations

February 25, 2021 6:30 AM EST

ROCKFORD, Mich., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for the fourth quarter and full year ended January 2, 2021.

The Company delivered better-than-expected results for the fourth quarter and is poised to drive an accelerated recovery over the next twelve to eighteen months, said Blake W. Krueger, Wolverine Worldwides Chairman and Chief Executive Officer. During a year of unprecedented challenges, we took action focused on the rapidly changing consumer landscape. Our owned eCommerce revenue grew 50% in 2020, and we have planned further investment in this area to enable growth... More