Revenues flat, earnings down for Wolverine in first nine months

21/10/2015
Outdoor footwear group Wolverine Worldwide has reported revenues for the first nine months of this year that are almost flat with the same period in 2014 (down by 0.6%) at $1.94 billion. However, the figure for the third quarter showed a decline of 4.5%.

Earnings for the January-September period were down by 9.3% compared to the same period last year at $111.3 million. Chief executive, Blake Krueger, said the figures were in line with expectations.