Wolverine raises profit outlook, cuts revenue view

The company now expects earnings of $1.87 to $1.92 per share, from previous expectations of $1.83 to $1.90 per share.

Analysts polled by Thomson Reuters, on average, predict a profit of $1.89 per share.

The Rockford, Mich.-based company expects revenue of $1.22 billion to $1.24 billion, from previous guidance of $1.23 billion to $1.26 billion.

Analysts expect revenue of $1.25 billion.