Double-digit gains for Wolverine’s Merrell brand
03/10/2007
Michigan-based footwear group Wolverine World Wide, Inc. revenue climbed 3.8% in the third quarter. Revenue for the quarter was $310.2 million compared with $298.9 million in the third quarter of 2006, driven by double digit growth in revenues for its Merrell brand. Net earnings totalled $29.5 million, up from $26.1 million in the prior-year period.