Wolverine World Wide (WWW) Tops Q4 EPS by 3c, Revenues Miss; Offers FY19 EPS/Revenue Mid-Point Guidance Below Consensus
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Wolverine World Wide Reports Strong Fourth Quarter Results and Record Full-Year Earnings
February 20, 2019 6:30 AM ESTROCKFORD, Mich., Feb. 20, 2019 (GLOBE NEWSWIRE) -- Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for the fourth quarter and full-year ended December 29, 2018. The Company also provided its full-year 2019 outlook.
Our Global Growth Agenda gained momentum in the fourth quarter, with underlying revenue growing 4.6% on a constant currency basis. This was the highest quarterly revenue growth of the year driven by our two largest brands Merrell and Sperry, said Blake Krueger, Wolverine World Wides Chairman, Chief Executive Officer and President. For the full-year, we achieved attractive underlying revenue growth and our... More
