{"schema_version":"secwatch.filing_event.v1","accession":"0000110471-22-000074","form_type":"8-K","ticker":"WWW","cik":"0000110471","company_name":"WOLVERINE WORLD WIDE INC /DE/","filed_at":"2022-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.625364+00:00","generated_at":"2026-06-22T00:36:25.159860+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Wolverine Worldwide Q3 revenue up 8.6% but misses expectations; cuts FY adjusted EPS guide to $1.41-$1.51","bullets":["Q3 revenue $691.4M (+8.6% YoY); adjusted EPS $0.48, down from $0.56 prior year.","Gross margin fell 300bps to 40.2%; inventory surged 113.8% to $880.9M.","Merrell revenue up 33.6% to $198.6M; Sperry declined 12.4% to $70.0M.","Q4 outlook: revenue $650-675M, adjusted gross margin ~38%, adjusted EPS loss ($0.15)-($0.05).","Full-year adjusted EPS guidance $1.41-$1.51 (down ~20% YoY); net debt $1.35B, leverage 3.4x."],"urls":{"canonical":"https://secwatch.observer/filing/0000110471-22-000074","json":"https://secwatch.observer/filing/0000110471-22-000074.json","markdown":"https://secwatch.observer/filing/0000110471-22-000074.md","text":"https://secwatch.observer/filing/0000110471-22-000074.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/110471/000011047122000074/0000110471-22-000074-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/110471/000011047122000074/www-20221109.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T00:36:25.159860+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"762c8f4277f3ec006044e9721c3fd2d49f738b56","claim":"WOLVERINE WORLD WIDE INC /DE/ reported the fiscal year ended January 1, 2023 results: revenue $2.670 billion to $2.695 billion. Guidance reaffirmed.","evidence_excerpt":"FULL-YEAR 2022 OUTLOOK • Revenue is expected to be in the range of $2.670 billion to $2.695 billion","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/110471/000011047122000074/0000110471-22-000074-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended January 1, 2023"},{"label":"Revenue","value":"$2.670 billion to $2.695 billion"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"92d79c44374a2c14790c5847a240697ca8587d59","claim":"WOLVERINE WORLD WIDE INC /DE/ reported the fourth quarter of 2022 results: revenue $650 million to $675 million, EPS ($0.19) to ($0.09). Guidance initiated.","evidence_excerpt":"FOURTH QUARTER 2022 OUTLOOK • Revenue is expected to be in the range of $650 million to $675 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/110471/000011047122000074/0000110471-22-000074-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2022"},{"label":"Revenue","value":"$650 million to $675 million"},{"label":"EPS","value":"($0.19) to ($0.09)"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"a1a0f8b2a9fc400f3661e2d16903ad57591ea37e","claim":"WOLVERINE WORLD WIDE INC /DE/ reported the third quarter ended October 1, 2022 results: revenue $691.4 million, EPS $0.48.","evidence_excerpt":"- (1) See Form 8-K filed by Wolverine World Wide, Inc. with the Securities and Exchange Commission on November 9, 2022 for details on reportable segment composition. Revenue of $691.4 million represents growth of 8.6% versus the prior year and growth of 12.2% on a constant currency basis. Our international business was especially strong, up 33% to $303 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/110471/000011047122000074/0000110471-22-000074-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended October 1, 2022"},{"label":"Revenue","value":"$691.4 million"},{"label":"EPS","value":"$0.48"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}