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Strong Dollar To Weigh On Wolverine's '15 EPS, Sales

2015-02-17 19:50:46| Footwear - Topix.net

"Given the global nature of the company's operations, the significantly stronger U.S. dollar versus the Canadian dollar, euro and British pound is expected to have a meaningful negative impact on reported fiscal 2015 results," the company said. For fiscal '15, Wolverine sees adjusted earnings in the range of $1.53 to $1.60 a share, which is lower than the $1.62 earned in fiscal '14.

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