Wolverine Q2 Profits Double
As Wolverine World Wide Inc. employs its agenda, the Merrell and Sperry brands are on the rise. The firm said last week that its Q2 profits more than doubled year over year to 57 cents per diluted share. On an adjusted basis, profits were 54 cents per share, topping forecasts. “We’re excited to see the benefits of the new tools and capabilities being put in place to better performance,” said chairman and CEO Blake Krueger.