Financial

Sweaty Betty delivers for Wolverine as Q4 revenues rise

By Frank Prenesti, Eugenio Di Maria 2022-02-24T12:18:00

WOLVERINE-WORLDWIDE-INC.1

Wolverine Worldwide swung to a better-than-expected annual profit and narrowed final-quarter losses, boosted by its recent acquisition of Sweaty Betty, the U.K.-based brand of women’s fitness apparel, and it forecast sales growth of 15-18 percent for 2022.

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