- Wolverine Worldwide (WWW) announces it managed to lowers its level of inventory in Q4 compared to a year ago despite a "challenging" holiday season that cut into results.
- Revenue for the Lifestyle Group segment was up 25.9% to $265.3M.
- Gross margin rose 50 bps to 37.2% during the quarter.
- The company says it expects full-year revenue to grow 3%-6% to $2.775B-$2.85B.
at CNBC.com (Oct 14, 2014)