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More on Wolverine World Wide (WWW): Strength in the U.S. footwear helped offset ongoing weakness...

More on Wolverine World Wide (WWW): Strength in the U.S. footwear helped offset ongoing weakness in Europe. By operating group, Heritage Group posted the only year-over year growth. Gross margin during the period slipped 140 bps to 39.2%. Sees 2012 EPS of $2.26-$2.31, below the consensus mark of $2.36. Shares -2.7% premarket. (PR)
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