Wolverine World Wide Q2: Waiting For Saucony Momentum To Show
WWWWolverine World Wide(WWW) Seeking Alpha·2024-08-13 21:04
GAPS Wolverine World Wide, Inc. (NYSE:WWW) reported the company’s Q2 results on the 7th of August in pre-market hours, beating Wall Street revenue and EPS estimates by a considerable margin. Yet, the stock fell by -7% to the results, seemingly as the brands’ sales declines still don’t have a near-term end in sight. In my previous article on the stock, “Wolverine World Wide: Sales Improvements Need To Start Showing Soon,” I remained at a Hold rating for Wolverine as the turnaround potential was nearly fa ...