WOLVERINE LAUNCHES MERRELL APPAREL AFTER 15th STRAIGHT RECORD QUARTER

Wolverine Worldwide continued to show solid growth in its 3rd quarter with a 7.0 percent climb in revenue to $279.1 million and a 16.7 percent rise in net income to $54,023,000, reaching record results for the 15th consecutive quarter. Gross margins improved by 130 basis points to 38.9 percent.

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