Wolverine公司首席执行官兼总裁BlakeW.Krueger表示，"很高兴出台该季度报告，尤其是在经济普遍不景气的环境中我们还能取得这样的业绩。取得这样业绩的主要原因是顾客很喜欢我们品牌的款式，功能性和创新。我们的财政收入在不同地区也不一样，但是每个地区都有所增长。对于08上半年的收入，我们感到很自豪。我们产品的优越性发挥了重要的作用。在全球近200个国家和地区销售8个品牌的产品。第二季度的业绩证明了我们团队的重点是执行我们的全球品牌战略。"
Wolverine公司首席财政官DonGrimes表示，"08年第二季度的毛利润同期相比增长了38.3%，经营利润同期相比增长了9.7%，这反映了严格控制运营开支，同期相比则下跌了13个基点。这些经营利润会继续投资于我们的产品营销。08年的库存同期相比下降了7.0%，但是健全的库存管理仍然成功地执行。由于第二季度的销售业绩，特别是在下半年第三季度，我们的第二季度应收账款同期相比增加了12.8％。第二季度，我们花费590万美元回购了209700股股票，现金余额为7790万美元。"
Wolverine公司计划2008年全年的收入为12.3-12.6亿美元，每股盈余的范围为1.83至1.90美元。
关于Wolverine公司
1880年，G.A.Krause先生在美国密歇根州建立了Wolverine公司，他深信"这里有机遇"。除了生产销售Woverine品牌外，以后还收购了其他品牌，Patagonia,HushPuppies等等。其产品远销欧洲，北美和亚洲。
原文：Wolverine Worldwide Reports 6.8% Q2 Sales Gain
Wolverine World Wide, Inc. reported revenues climbed 6.8% in the second quarter ended June 14, to $267.4 million from $250.3 million in the prior year. Earnings per share grew 17.9% to 33 cents versus 28 cents in the second quarter of 2007. For the first half of 2008, revenue reached $555.6 million, a 4.6% gain over the $531.4 million reported for the first half of 2007. Earnings per share grew to 79 cents per share, up 17.9% from 67 cents per share for the same period of 2007.
Blake W. Krueger, the company's CEO and president commented, "We are pleased to report another record quarter for the company, particularly in light of the generally tough economic conditions in several major global markets. Our strong financial results were broad-based -- all four of our branded operating groups contributed to the revenue increase as consumers around the world continued to embrace the style, performance and innovation of the lifestyle brands in the Wolverine portfolio. Our revenue increase was also geographically diverse, as all global regions reported sales increases in the quarter.
"We are proud of the company's solid financial performance in the first half of 2008. Our business model of operating multiple brands across a broad array of global markets and distribution channels continues to produce excellent results in a challenging business environment. The innovative product offerings from our eight great brands are in demand with consumers in nearly 200 countries and territories around the world."
Don Grimes, the company's chief financial officer, commented, "Gross margin in the second quarter of 2008 increased modestly to 38.3%, as benefits from foreign currency translation were offset by increased product and freight costs. Year-to-date gross margin grew to 40.3%, an improvement of 88 basis points compared to the prior year. Operating margin of 9.7% for the second quarter of 2008 improved 27 basis points over the second quarter of 2007. This improvement reflects continued tight control on operating expenses, which decreased 13 basis points as a percentage of sales compared to the prior year. We are pleased with our operating margin expansion given the continuing investment in our brand marketing and product initiatives.
"Inventory levels were down 7.0% compared to last year, as sound inventory management programs were successfully executed in the quarter. Our second quarter accounts receivable increased 12.8% due to the strong quarterly sales performance, particularly in the latter half of the quarter. We repurchased 209,700 shares of stock in the quarter for $5.9 million and ended the second quarter with a cash balance of $77.9 million."
Krueger concluded, "The Company's impressive second quarter performance is a testament to our team's focused execution of our global brand strategy. In light of the challenging retail environment, we were pleased that our order backlog was up in the mid single-digit range at the end of the second quarter. Our business model continues to deliver record financial results."
The company is maintaining its full year 2008 revenue guidance of $1.23 to $1.26 billion and its earnings per share range of $1.83 to $1.90, representing growth of 7.6% to 11.8% over the $1.70 reported for 2007.
