Top SGB Updates
Wolverine Again Lifts Guidance As Turnaround Gains Momentum
Wolverine World Wide reported second-quarter earning came in well ahead of Wall Street’s targets, helped by healthy growth for Merrell and Sperry and margin gains across brands. The company raised guidance for the year.
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Department Store Roundup: Nordstrom Shares Soar After Standout Q2
Nordstrom Inc. shares skyrocketed on Friday—the day after a stellar quarterly earnings report—increasing $6.94, or 13.3 percent, at market close to secure the company's spot as the standout department store performer in the second quarter.
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