Wolverine World Wide Cuts FY13 Revenue Outlook - Quick Facts

(RTTNews) - Wolverine World Wide Inc. (WWW) Monday said it now projects full-year 2013 earnings in the high end of the previous earnings guidance of $0.85 to $0.90 per share.

Adjusted earnings are projected at high-end of $1.37 to $1.42 per share, down from its previous guidance range of $2.73 to $2.83 per share.

The company targets full-year revenues of about $2.69 billion, down from its previous guidance range of $2.71 billion and $2.73 billion.

Analysts, based on consensus currently expect the company to report full-year earnings of $1.42 per share on revenues of $2.72 billion.