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Stock impact report

Wolverine World Wide Inc. Should Maintain Its Strong Momentum [Seeking Alpha]

Wolverine World Wide, Inc. (WWW) 
Last wolverine world wide, inc. earnings: 4/22 06:30 am Check Earnings Report
Company Research Source: Seeking Alpha
Summary source: Glassdoor While Wolverine World Wide Inc. ( WWW ) started the year on a low note, from the second quarter on it has enjoyed a surge of over $10 per share, as it continues to exceed expectations with improving margins and earnings, while laying out a clear path to increasing revenue. The major reasons for the company experiencing a decline in revenue has been the closing of a number of stores and some changes in its portfolio in the early part of 2017. Even though the company got punished during that period of time, it has started to gain momentum as it continues to beat on earnings. The idea is after closing some of its low-performing stores, it has improved margins and earnings while starting to turn things around on the sales side of the business. If it continues to successfully execute on its growth plan, the outcome should be consistent growth with better margins and earnings than in the past. That would continue to drive its share price up Show less Read more
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