Here are the earnings highlights for the company Wolverine World Wide:
Their earnings for the first quarter (Q1) are reported at a negative $13.7 million compared to $18.0 million for the same period the previous year. The Earnings Per Share (EPS) stand at negative $0.19 for Q1, compared to $0.23 for the same period the previous year. Upon excluding certain items, the company reports adjusted earnings of $0.05 per share for this period.
Analysts had forecasted earnings of $0.01 per share. As for revenue, it was recorded at $394.9 million for Q1, compared to $599.4 million for the same period the previous year.
