Rockford-based Wolverine Worldwide has great third quarter
Rockford-based shoe and clothing company Wolverine Worldwide has exceeded expectations with $54.4M in earnings in the third quarter of 2013, causing its share price to rise accordingly.
According to the article:
Wolverine Worldwide’s fiscal third-quarter net income climbed 66 percent, as footwear sales improved across many of its brands.
The shoe and clothing company’s performance beat analysts’ estimates. It also raised its full-year adjusted earnings forecast again on Tuesday, citing its year-to-date performance.
Read the rest of the story here.
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