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0.000913242009132401 -0.00114155251141562 0.0027397260273972 0.00319634703196348 0.00319634703196348 0.00319634703196348 0.00319634703196348 0.00319634703196348
Stock impact report

Wolverine's Q3 Earnings Beat, Merrell Brand Revenues Up 1.4% Y/Y [Yahoo! Finance]

Wolverine World Wide, Inc. (WWW) 
Last wolverine world wide, inc. earnings: 4/22 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Earnings grew year over year, while revenues dipped. Wolverine posted better-than-expected revenues and earnings in the third quarter, led by the Merrell and Saucony brands coupled with gains from its turnaround plans. The company is focused on becoming more consumer-centric and adopting a global brand-building model. WWW registered another quarter of strong gross margin and more than doubled earnings year over year. In the past six months, shares of this Zacks Rank #3 (Hold) company have gained 74.1% compared with the industry's 4.6% growth. The company posted adjusted earnings of 29 cents a share, which beat the Zacks Consensus Estimate of 21 cents. The figure increased sharply from 11 cents in the prior-year quarter. At constant currency, the company's earnings per share were 28 cents, up from 11 cents recorded in the prior-year quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Total revenues were $440.2 million, down 16.6% on a reported b Show less Read more
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