Wolverine World Wide’s disappointing recent quarterly results are indicative of industry-wide challenges for the North American wholesale footwear market that was previously boosted by a pandemic-related e-commerce boom.
Operator: Greetings. Welcome to the Wolverine Worldwide Inc. Second Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode.
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While reporting financial results for the second quarter on Thursday, Wolverine World Wide, Inc. (WWW) slashed its earnings, adjusted earnings and revenue guidance for the full year 2023.