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    Wolverine Worldwide Recorded $48 Million 200 Thousand In The Three Quarter.

    2016/10/19 10:54:00 21

    BrandFootwearMarket

     Wolverine World Wide three quarter earnings exceed expected revenue expectations

    As of September 10, 2016, Cat and other famous shoes were available.

    brand

    The United States

    footwear

    The product retailer Wolverine Worldwide Inc. (NYSE: WWW) recorded $48 million 200 thousand in the three quarter and earnings per share of $0.49, compared with $46 million in the same period last year, and 0.44 cents per share.

    After adjustment, the group's EPS in the three quarter was US $0.51, which exceeded Zacks's expected $0.48, but the group's 603 million 700 thousand quarter earnings in the three quarter were less than the 627 million 100 thousand US dollars expected by Zacks.

    can not hold a candle to

    market

    The expected revenue performance stimulated Wolverine Worldwide Inc. (NYSE: WWW) shares to drop sharply on Tuesday. The deadline was 4.76% PM at 12:50 p.m. Eastern time. The stock fell by $20.99.

    Wolverine Worldwide Inc. reiterated the EPS forecast of US $1.30 for us $-1.40 for the whole year, and the income forecast was slightly raised, from the previous 24.75 US $100 billion to US $2 billion 480 million billion US $-25.8 billion.

    Wolverine Worldwide Inc. has surged 32% so far this year, with a 8% performance over the past 12 months. The retail sector is generally in a doldrums, and the performance is still good.

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