Wolverine World Wide, Inc. reported a 4.8% increase in revenue compared to the prior year and adjusted earnings per share increased 13.5% to $0.59.
Reported revenue increased 4.8% compared to the prior year.
Adjusted diluted earnings per share increased 13.5% to $0.59, compared to $0.52 in the prior year.
The Company generated $206.5 million in cash from operations during the fourth quarter.
The Company repurchased $4.9 million of shares in the quarter at an average price of $26.90 per share.
The Company is providing its initial revenue and earnings outlook for the full-year, which is summarized below. The Company's guidance includes the current estimated impact related to the coronavirus for the first half of 2020.
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