Wolverine World Wide''s Return on Invested Capital Overview
According to Benzinga Pro, during Q1, Wolverine World Wide (NYSE: WWW ) earned $8.40 million, a 156.0% increase from the preceding quarter. Wolverine World Wide''s sales decreased to $614.80 million, a 3.27% change since Q4. Wolverine World Wide collected $635.60 million in revenue during Q4, but reported earnings showed a $15.00 million loss. What Is Return On Invested Capital? Earnings data without context is not clear and can difficult to base trading decisions on. Return on Invested Capital (ROIC) helps to filter signal from noise by measuring yearly pre-tax profit relative to invested capital by a business. Generally, a … Full story available on Benzinga.com
Wolverine World Wide''s Return on Invested Capital Overview
According to Benzinga Pro, during Q1, Wolverine World Wide (NYSE: WWW ) earned $8.40 million, a 156.0% increase from the preceding quarter. Wolverine World Wide''s sales decreased to $614.80 million, a 3.27% change since Q4. Wolverine World Wide collected $635.60 million in revenue during Q4, but reported earnings showed a $15.00 million loss. What Is Return On Invested Capital? Earnings data without context is not clear and can difficult to base trading decisions on. Return on Invested Capital (ROIC) helps to filter signal from noise by measuring yearly pre-tax profit relative to invested capital by a business. Generally, a … Full story available on Benzinga.com