
Merrell Makes Gains in Q4 But Shares for Wolverine Worldwide Dip After Full-Year Results
Shares for Wolverine Worldwide dropped nearly 17 percent in Wednesday morning trading following the company’s full year results. The Rockford, Mich.-based footwear company said total revenue in the fourth quarter of 2024 was $494.7 million, down 6.1 percent from $526.7 million the same time last year. Ongoing total revenue in Q4 – which excludes the…