Financial

Evolving Wolverine Worldwide forecasts meaningful profit progress in H2

By 2023-02-23T07:02:00

WOLVERINE-WORLDWIDE-INC.1

Wolverine Worldwide, having already taken numerous actions in Q4 that included staff cuts and the divestiture of its Keds business, is targeting flat to 2 percent sales growth in FY23 and a 210-basis point improvement in adjusted gross margin to approximately 42.0 percent as it continues to transform its business, ...

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