As CEO Departs, Wolverine Downgrades Full-Year Outlook After Slow Q2
Amid a sudden leadership shift at the top, Wolverine Worldwide Inc. has downgraded its 2023 outlook after reporting a sales decline in the second quarter. The footwear company, which owns the Saucony, Merrell, Sperry and Sweaty Betty brands, among others, reported Q2 revenues of $589.1 million,…
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