Wolverine World Wide
What analysts say:
- Buy, sell, or waffle? Eleven analysts follow Wolverine. Six are bullish, while the rest can't make up their minds and rate it a hold.
- Revenue. Analysts are projecting second-quarter sales of $256.5 million, or 7.6% ahead of last year's number.
- Earnings. Analysts project quarterly earnings of $0.28, for a year-over-year improvement of 12%.
What management says:
Back when Wolverine released impressive first-quarter results, it increased fiscal year earnings guidance to $1.57 to $1.63 per share and stuck with its expected sales range of $1.20 billion to $1.23 billion. Management has a long-term goal of "growing annual revenue in the mid- to upper-single digit range and delivering double-digit earnings-per-share growth."
What management does:
As fellow Fool Steven Mallas recently wrote, Wolverine has a steady track record of generating cash flow and paying dividends. It also met its long-term goals over the past five years with average annual sales growth of 9.4% and net income improvements of 13.6%. And recent net margins of more than 7% easily beat rivals such as Timberland
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One Fool says:
Wolverine has posted solid profitability, but has yet to match the 9.1% profit margin that industry leader Nike
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Fool contributor Ryan Fuhrmann is long shares of Nike but has no financial interest in any other company mentioned. Feel free to email him with feedback or to discuss any companies mentioned further. The Fool has an ironclad disclosure policy.