Merrell And Sebago Drive Wolverine

Wolverine World Wide reports an 11.0 percent increase in net earnings for the past year to $92,886,000 on 5.0 percent higher revenues of $1,198,972,000. The gross margin improved from 38.7 to 39.4 percent and the operating margin rose to 11.6 percent, exceeding internal plans. Sales increases were reported in all ...

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