- Wolverine World Wide (NYSE:NYSE:WWW) reports underlying revenue declined 6.6% in Q1.
- Gross margin rate decreased 180 bps to 39.6%.
- SG&A expense rate grew 40 bps to 31.9%.
- Adjusted operating margin rate fell 20 bps to 9.7%.
- FY2016 Guidance: Revenue: $2.475B to $2.575B (-8% to -4.3%); Diluted EPS: $1.16 to $1.26; Adjusted EPS: $1.30 to $1.40.
More on Wolverine World Wide's Q1
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Symbol | Last Price | % Chg |
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WWW | - | - |
Wolverine World Wide, Inc. |