{"schema_version":"secwatch.filing_event.v1","accession":"0000110471-23-000062","form_type":"8-K","ticker":"WWW","cik":"0000110471","company_name":"WOLVERINE WORLD WIDE INC /DE/","filed_at":"2023-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.954841+00:00","generated_at":"2026-06-15T05:48:14.243276+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Wolverine Q1 adjusted EPS $0.09 vs $0.38; exploring Sperry strategic alternatives","bullets":["Reported revenue $599.4M (-2.5% YoY); ongoing business constant currency growth +2.9%.","Active Group constant currency revenue +15% led by Merrell (+20.3%) and Saucony (+24.5%).","Adjusted gross margin 40.0% (down 350 bps); inventory $725.9M, down $19M sequentially.","Full-year 2023 outlook reaffirmed: ongoing revenue $2.53-2.58B, adjusted EPS $1.40-1.60.","Exploring strategic alternatives for Sperry, continuing portfolio optimization after Keds sale."],"urls":{"canonical":"https://secwatch.observer/filing/0000110471-23-000062","json":"https://secwatch.observer/filing/0000110471-23-000062.json","markdown":"https://secwatch.observer/filing/0000110471-23-000062.md","text":"https://secwatch.observer/filing/0000110471-23-000062.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/110471/000011047123000062/0000110471-23-000062-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/110471/000011047123000062/www-20230510.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T05:48:14.243276+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":"3d01ebb1f00bb263c050ec958291c422914b8424","claim":"WOLVERINE WORLD WIDE INC /DE/ reported first quarter ended April 1, 2023 results: revenue $599.4 million, EPS $0.23. Guidance reaffirmed.","evidence_excerpt":"bps Adjusted Operating Margin 5.1% 8.2% (310) bps Adjusted Diluted Earnings Per Share $0.09 $0.38 (76.3)% Constant Currency Earnings Per Share $0.12 $0.38 (68.4)% Revenue of $599.4 million declined 2.5% versus the prior year and declined 0.5% on a constant currency basis. Revenue from the ongoing business was $580.4 million representing constant currency growth of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/110471/000011047123000062/0000110471-23-000062-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended April 1, 2023"},{"label":"Revenue","value":"$599.4 million"},{"label":"EPS","value":"$0.23"},{"label":"Guidance","value":"reaffirmed"},{"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"}