Wolverine World Wide, Inc. (NYSE:WWW)
CAPS Rating:
The Company is a designer, manufacturer and marketer of a casual shoes, rugged outdoor and work footwear.
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The Company is a designer, manufacturer and marketer of a casual shoes, rugged outdoor and work footwear.
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Wolverine looks very undervalued relative to historical PE valuations: http://www.timetotrade.eu/theriver.php?entry_id=53427
Secondly their forecast revenue and earnings have been lowered due to concerns relating to the strong dollar. Over over the recent months the dollar has weakened and if this trend continue over 2009, it could help them beat earnings.