BUZZ-Wolverine World Wide slips on dour FY25 earnings forecast

Reuters
Feb 19
BUZZ-Wolverine World Wide slips on dour FY25 earnings forecast

** Shares of footwear maker Wolverine World Wide WWW.N down 6.7% at $17.48 premarket

** Co expects FY25 revenue in the range of $1.79 bln to $1.82 bln vs. analysts' estimate of $1.87 bln according to data compiled by LSEG

** WWW sees adj. diluted EPS in the range of $1.05 to $1.20, below estimates of $1.34 according to data compiled by LSEG

** Co reports Q4 revenue of 494.7 mln vs. estimates of $486.8 mln

** As of last close, WWW fell 15.6% YTD

(Reporting by Sanchayaita Roy in Bengaluru)

((sanchayaita.roy@thomsonreuters.com))

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