Wolverine World Wide (WWW) Tops Q1 EPS by 4c; Offers FY23 Guidance

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Wolverine Worldwide Reports First Quarter Results In-Line With Guidance and Reaffirms Full-Year 2023 Outlook

May 10, 2023 6:30 AM EDT

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ROCKFORD, Mich.--(BUSINESS WIRE)-- Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for the first quarter ended April 1, 2023.

We are pleased with delivering first quarter results in line with guidance which included 15% constant currency revenue growth from our Active Group," said Brendan Hoffman, President and Chief Executive Officer. "Earnings results slightly exceeded our expectations and we made progress on reducing inventory. Our first quarter performance and initiatives we have in place position us to reaffirm our... More