 Wolverine World Wide Inc. WWW, -6.70 , the apparel company with brands including Merrell, Saucony, Sperry and Stride Rite, reported second-quarter profit that beat expectations but revenue that missed amid a slowdown in June shipments, and lowered its full-year outlook. Net income rose to 124.6 million, or 1.53 a share, from 44.7 million, or 53 cents a share, in the year-ago period. 