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Wolverine World Wide (WWW) is one of those teeny companies I love to follow. Despite its strange name, the stock is up around 200-fold in the last 30-odd years. Still, most people have never heard of it.

The company makes shoes under various labels like Hush Puppies, Sebago and even Harley-Davidson (HOG), and its stock has been doing very well lately. Shares of WWW are up about 30% for the year.

Today looks to be another good day for Wolverine as the company announced very good earnings this morning. EPS rose 9.5% to 46 cents a share, two cents more than Wall Street was expecting.

This is the company's 17th straight record quarter. Wolverine also raised its forecast for this year to $1.41 to $1.44 a share, and for next year to $1.56 to $1.62 a share.

Here are the results for the last few years:

Year................................Sales................................EPS
1996.............................$511.03 ............................$0.51
1997.............................$665.13.............................$0.64
1998.............................$669.33.............................$0.65
1999.............................$701.29.............................$0.17
2000.............................$665.58.............................$0.52
2001.............................$720.07.............................$0.72
2002.............................$827.11.............................$0.77
2003.............................$888.93.............................$0.85
2004..........................$1,061.00.............................$1.27
2005.............................$991.91.............................$1.09
2006*...........................$800.15.............................$1.05

* First Nine Month

Posted by edelfenbein at October 4, 2006 9:28 AM