Wolverine World Wide (NYSE: WWW) reported earnings on April 16. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 23 (Q1), Wolverine World Wide beat expectations on revenues and crushed expectations on earnings per share.

Compared to the prior-year quarter, revenue grew significantly. Non-GAAP earnings per share increased significantly. GAAP earnings per share dropped.

Margins shrank across the board.

Revenue details
Wolverine World Wide reported revenue of $645.9 million. The 11 analysts polled by S&P Capital IQ looked for revenue of $630.5 million on the same basis. GAAP reported sales were much higher than the prior-year quarter's $322.8 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.81. The 12 earnings estimates compiled by S&P Capital IQ forecast $0.55 per share. Non-GAAP EPS of $0.81 for Q1 were 27% higher than the prior-year quarter's $0.64 per share. GAAP EPS of $0.60 for Q1 were 6.3% lower than the prior-year quarter's $0.64 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 40.6%, 40 basis points worse than the prior-year quarter. Operating margin was 10.2%, 120 basis points worse than the prior-year quarter. Net margin was 4.6%, 510 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $601.4 million. On the bottom line, the average EPS estimate is $0.39.

Next year's average estimate for revenue is $2.72 billion. The average EPS estimate is $2.63.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 153 members out of 165 rating the stock outperform, and 12 members rating it underperform. Among 56 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 54 give Wolverine World Wide a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Wolverine World Wide is hold, with an average price target of $46.44.

Looking for alternatives to Wolverine World Wide? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.