Rockford, Michigan, October 3, 2007 — Wolverine World Wide, Inc. (NYSE: WWW) today reported record revenue and earnings for its third quarter of 2007, and increased its full-year 2007 earnings per share estimate.
Third quarter 2007 revenue totaled $310.2 million, a 3.8 percent increase over third quarter 2006 revenue of $298.9 million. Earnings per share for the third quarter of 2007 were $0.54 compared to $0.46 reported for the third quarter of 2006, an increase of 17.4 percent.
For the first three quarters of 2007, revenue reached $841.5 million, a 5.2 percent gain over the $800.2 million reported for the first three quarters of 2006. Earnings per share for the first three quarters of 2007 grew to $1.21 per share, up 15.2 percent from $1.05 per share for the same period of 2006.
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