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Wolverine World Wide’s earnings up 20% in Q2

13/07/2005

Wolverine World Wide, Inc. has reported record revenue and net earnings for its second quarter of 2005, making this the fourteenth consecutive record quarter of both revenue and net earnings for the company. The revenue totalled $215.7 million, an 8.5% increase over second quarter 2004 revenue of $198.8 million. Earnings increased 20% to $13.3 million from $11 million a year earlier. For the first half of 2005, revenue reached $460.9 million, an 8.8% gain over the $423.6 million reported for the first half of 2004. In Europe, the branded wholesale business experienced a second quarter revenue increase of 39%.

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