Wolverine World Wide (NYSE:WWW) released earnings for the second quarter ending on June 18, 2005, on July 13.

  • Revenue of $215.7 million and EPS of $0.21 exceeded analysts' estimates.
  • 2005 revenue expected to come in between $1.045 and $1.065 billion and earnings expected to be between $1.22 and $1.27 a share.

(Figures in thousands, except per-share data)

Income Statement Highlights (What's this?)

Avg. Est. Q2 2005 Q2 2004 % Change
Sales $213,070 $215,706 $198,774 +8.5%
Net Profit -- $13,257 $10,985 +20.7%
EPS $0.21 $0.22 $0.18 +22.2%


Margin Checkup (What's this?)

Q2 2005 Q2 2004 % Change
Gross Margin 39.15% 37.99% +1.16%
Op. Margin 9.37% 8.65% +0.72%
Net Margin 6.15% 5.53% +0.62%


Balance Sheet Highlights (What's this?)

Assets Q2 2005 Q2 2004 % Change
Cash+ ST Invest. $74,779 $63,560 +17.7%
Inventory $190,059 $173,704 +9.4%
Accounts Rec. $157,252 $140,907 +11.6%


Liabilities Q2 2005 Q2 2004 % Change
Long-Term Debt $32,159 $43,895 -26.7%
Accounts Pay. $101,868 $86,506 +17.8%


Related Companies:

  • Timberland (NYSE:TBL)
  • Deckers Outdoor (NASDAQ:DECK)
  • Rocky Shoes and Boots (NASDAQ:RCKY)
  • Nike (NYSE:NKE)

Related Foolishness:

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Fool contributor Tim Beyers didn't own shares in any of the companies mentioned in this story at the time of publication. You can find out what's in his portfolio by checking Tim's Fool profile, which is here. The Motley Fool has an ironclad disclosure policy.