secwatch.observer — SEC 8-K summary
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Issuer:     WOLVERINE WORLD WIDE INC /DE/ (WWW)
CIK:        0000110471
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0000110471-22-000076
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Wolverine World Wide reorganizes into Active, Work, Lifestyle segments; recasts historical financials
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- New reportable segments: Active (Merrell, Saucony, Sweaty Betty, Chaco), Work (Wolverine, Cat, Bates, Harley-Davidson, HyTest), Lifestyle (Sperry, Keds, Hush Puppies).
- Recast revenue for FY2021: Active $1,319.6M, Work $548.8M, Lifestyle $477.0M, Other $69.5M.
- Recast segment operating profit FY2021: Active $229.5M, Work $103.8M, Lifestyle $67.5M, Other $8.1M, Corporate ($253.2M).
- Change effective Q4 2022; prior periods adjusted to new structure; consolidated statements not restated.
- Previously segments were Wolverine Michigan Group and Wolverine Boston Group.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/110471/000011047122000076/0000110471-22-000076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/110471/000011047122000076/www-20221109.htm
  HTML page:      https://secwatch.observer/filing/0000110471-22-000076

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer