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Wolverine Worldwide sales spike 60.5% in Q4
ROCKFORD, Mich. — Outdoor and sports apparel manufacturer Wolverine Worldwide reported that its consolidated fourth fiscal quarter revenue was $652.2 million, growth of 60.5% versus the prior year.
In the fourth quarter, excluding non-recurring transaction and integration expenses, earnings per share were 48 cents compared with the company's prior guidance of 12 cents to 22 cents per share.
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GNC reports strong Q4; to open 180 stores in U.S. in 2013
Pittsburgh -- GNC Holdings is bullish on expansion. Reporting impressive results for the fourth quarter, the retailer plans to open approximately 150 net new U.S. stores in 2013, along with 30 net new domestic franchise locations, and 175-200 net new international franchise locations. It also will open 30 net new GNC-Rite Aid store-within-a-store locations.