SGB Sports & Fitness

Wolverine Struggles To Find Growth  

Citing a “tepid” and “grossly over-stored” U.S. retail market as well as challenges at its Merrell brand, the footwear company slightly reduced its sales outlook for the full year.

Crunch Sells 100th Franchise Of 2016

This makes the company one of the largest and fastest-growing franchisors and operators of fitness centers, with well over 600 franchises sold in its first six years and 13 new clubs opening this month alone, according to the company.

Wolverine Trims Sales Outlook For Year

Wolverine World Wide Inc. reported earnings improved slightly in the third quarter, in line with expectations. The company, however, now expects full-year sales to come in at the lower end of its guidance range due to a “tepid” environment.