Wolverine: Q1 Earnings Snapshot

Wolverine World Wide (NYSE:WWW) Announces Quarterly Earnings Results

Wolverine World Wide (NYSE:WWW - Get Free Report) issued its quarterly earnings results on Thursday. The textile maker reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.03. The company had revenue of $457.60 million for the quarter, compared to analyst estimates of $448.44 million. Wolverine World Wide had a return on equity of 29.84% and a net margin of 5.06%.The company's revenue for the qua…

Wolverine: Q1 Earnings Snapshot

ROCKFORD, Mich. (AP) — ROCKFORD, Mich. (AP) — Wolverine World Wide Inc. (WWW) on Thursday reported first-quarter net income of $20.2 million. The Rockford, Michigan-based company said it had net income of 24 cents per share. Earnings, adjusted for non-recurring costs, were 25 cents per share. The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 22 cents pe…