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Technical Analysis
- 8/28/2008 1:34:11 PM
By Chip Brian, SmarTrend Analytics Team
Today Wolverine World Wide Inc. (NYSE:WWW) reported 4Q earnings. Net income for the quarter increased 8.3% from $23.6 million or $0.42 a share last year to $25.6 million or $0.49 a share. Revenue increased 4.6% from $341.7 million last year to $357.4 million. The company projects 2008 earnings of $1.80-$1.88 a share up for previously expected $1.78-$1.84 a share. 2008 revenue is projected at $1.23 million - $1.26 billion.
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