Wolverine World Wide (WWW) shares rose5% in recent Thursday trading after the company reported fiscal Q1 adjusted earnings of $0.18 per diluted share, up from $0.05 a year earlier.
Analysts polled by FactSet expected $0.11.
Revenue for the quarter ended March 29 rose to $412.3 million from $394.9 million a year earlier, the company said Thursday.
Analysts surveyed by FactSet expected $395.8 million.
In Q2, the company expects adjusted diluted EPS of $0.19 to $0.24 on revenue of $440 million to $450 million.
Analysts polled by FactSet expect EPS of $0.24 on revenue of $444 million.
Wolverine World Wide withdrew full-year guidance, citing "uncertainty around tariffs and related macroeconomic conditions."
Price: 15.55, Change: +0.74, Percent Change: +5,03
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