Q1 record results for Wolverine - leatherbiz: Leading news site for th Leatherbiz

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Q1 record results for Wolverine

20/04/2011
Footwear brand Wolverine World Wide has reported that strong consumer demand and accelerated revenue growth across its portfolio generated a record performance in the first quarter of 2011.

Reported revenue for the first quarter was $330.9 million, an increase of 16.1% versus the prior year.

“Wolverine World Wide is off to an outstanding start in 2011,” said Blake Krueger, the company’s chief executive. “We experienced strong consumer demand for our products across all geographic regions. Our outdoor group, especially the Merrell brand, and the Heritage Group, delivered impressive results during the quarter.”


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