Benzinga | May 12, 2021 06:32AM EDT

Wolverine Worldwide Sees FY21 Adj. EPS $1.95-$2.10 vs $2.08 Est., Sales $2.24B-$2.3B vs $2.24B Est.

For the full 2021 fiscal year, the Company now expects revenue in the range of $2,240 million to $2,300 million, growth of 25% to 28% versus the prior year, up $50 million from our outlook in February and exceeding 2019 revenue at the high end of the range. The Company remains focused on delivering its aspirational target of $500 million in owned eCommerce revenue, more than doubling 2019 levels. Reported diluted earnings per share are now expected to be in the range of $1.70 to $1.85, and adjusted diluted earnings per share are now expected to be in the range of $1.95 to $2.10.