News

Wolverine World Wide Q1 sales top estimates

21/04/2011

US-based footwear manufacturer Wolverine World Wide has announced its quarterly results, which surpassed market expectations. The company, which owns outdoor footwear brand Merrell, has raised its forecast for the year.

The company posted a first-quarter profit of $35.9 million, compared with $27.5 million a year ago.

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