Wolverine Earnings Watch | Business and Finance News

Wolverine Worldwide is set to unveil its Q2 earnings this Thursday, following a strong Q1 with $457.6M in revenue—a 11% year-over-year surge—and beating EPS estimates. Analysts expect a more modest 5.9% revenue growth this time, down from last year’s 11.6%, but remain optimistic. Competitors Steven Madden and Nike also delivered solid results, lifting their stocks. Wolverine’s shares have climbed 3.7% in the past month, trading below the $21.70 average analyst price target. Investors will be watching closely to see if the footwear giant can sustain its momentum. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/00931f6f2b8117d1