Wolverine World Wide Announces Increase In Q2 Profit

(RTTNews) - Wolverine World Wide (WWW) reported a profit for its second quarter that Increases, from last year

The company's bottom line came in at $31.2 million, or $0.37 per share. This compares with $26.8 million, or $0.32 per share, last year.

Excluding items, Wolverine World Wide reported adjusted earnings of $0.40 per share for the period.

The company's revenue for the period rose 6.8% to $506.4 million from $474.2 million last year.

Wolverine World Wide earnings at a glance (GAAP) :

-Earnings: $31.2 Mln. vs. $26.8 Mln. last year. -EPS: $0.37 vs. $0.32 last year. -Revenue: $506.4 Mln vs. $474.2 Mln last year.

-Guidance: Full year EPS guidance: $ 1.55 To $ 1.65 Full year revenue guidance: $ 1.980 B To $ 2.000 B