Record revenue at Wolverine
17/04/2008
Wolverine World Wide, Inc. has reported record revenue and earnings for its first quarter and has consequently increased its full-year 2008 earnings per share estimate.
Revenue totalled $288.2 million for the first quarter, a 2.6% increase compared with first quarter 2007 revenue of $281.1 million. Earnings per share increased to $0.46, a 17.9% increase over first quarter 2007 earnings per share of $0.39.