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Article Date: February 2018
Word Count: 144

Wolverine World Wide Sees 2017 at Top of Guidance


WWW congratulates itself on hitting the high end of its own forecast for the year, with a top line of $2.35 billion and adjusted EPS of $1.60-1.65. After accruing for a $69 million impairment charge on the Sperry trademark, $30-35 million in environmental charges from closing an old tannery and a one-time $9 million tax charge related to the tax reform act, reported EPS will essentially be breakeven. WWW will repatriate about ... Log in to view full article.

 


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