{"schema_version":"secwatch.filing_event.v1","accession":"0000110471-23-000018","form_type":"8-K","ticker":"WWW","cik":"0000110471","company_name":"WOLVERINE WORLD WIDE INC /DE/","filed_at":"2023-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.879896+00:00","generated_at":"2026-06-19T04:10:06.956313+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Wolverine Worldwide Q4 GAAP EPS -$4.59 on $428.7M impairment; guides 2023 revenue growth 0-2%","bullets":["Q4 revenue $665M (+4.6% YoY, +8.4% constant currency); GAAP diluted EPS -$4.59 vs -$0.18 prior year.","Q4 includes $428.7M non-cash impairment of Sperry and Sweaty Betty intangible assets.","Full-year 2022 revenue $2.68B (+11.2%); adjusted diluted EPS $1.41 vs $1.85 prior year.","Inventory reduced ~$90M sequentially to $745.2M; net debt down to $1.02B from $1.35B.","2023 guidance: ongoing revenue $2.53B-$2.58B (0-2% growth); adjusted EPS $1.40-$1.60; adjusted operating margin ~8.5%."],"urls":{"canonical":"https://secwatch.observer/filing/0000110471-23-000018","json":"https://secwatch.observer/filing/0000110471-23-000018.json","markdown":"https://secwatch.observer/filing/0000110471-23-000018.md","text":"https://secwatch.observer/filing/0000110471-23-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/110471/000011047123000018/0000110471-23-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/110471/000011047123000018/www-20230222.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T04:10:06.956313+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":"19b15f2e6956ddaeaec1e55c0b2c93065445ecd7","claim":"WOLVERINE WORLD WIDE INC /DE/ reported the fiscal year ended December 31, 2022 results: revenue $2,684.8 million, EPS ($2.37).","evidence_excerpt":"Revenue of $2,684.8 million represents growth of 11.2% versus the prior year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/110471/000011047123000018/0000110471-23-000018-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2022"},{"label":"Revenue","value":"$2,684.8 million"},{"label":"EPS","value":"($2.37)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"1d9f7435b3a1fb862d0d7e55196c542b372fc408","claim":"WOLVERINE WORLD WIDE INC /DE/ reported the fourth quarter ended December 31, 2022 results: revenue $665.0 million, EPS ($4.59).","evidence_excerpt":"Revenue of $665.0 million represents growth of 4.6% versus the prior year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/110471/000011047123000018/0000110471-23-000018-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$665.0 million"},{"label":"EPS","value":"($4.59)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"8314ff06fd624bc3686b8125f407998452002e44","claim":"WOLVERINE WORLD WIDE INC /DE/ updated its full-year 2023 guidance (initiated).","evidence_excerpt":"We expect to grow 2023 revenue from our ongoing business by approximately 0% to 2.0%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/110471/000011047123000018/0000110471-23-000018-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full-year 2023"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}