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Wolverine CEO: ‘E-Commerce Did Not Meet Our Expectations’ in Q1

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Wolverine Worldwide saw revenue jump 20.4 percent in the first quarter to $614.8 million, up from last year’s $510.7 million in quarterly revenue, on net income of $8.4 million. In a Nutshell: Brandon Hoffman, president and CEO of Wolverine Worldwide, said the Merrell and Saucony parent is still experiencing logistics delays with lead times almost…

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