---
schema_version: "secwatch.filing_event.v1"
accession: "0000110471-24-000002"
form_type: "8-K"
ticker: "WWW"
cik: "0000110471"
company_name: "WOLVERINE WORLD WIDE INC /DE/"
filed_at: "2024-01-08T23:59:59+00:00"
generated_at: "2026-06-07T01:58:26.458381+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Wolverine affirms preliminary FY2023 revenue ~$2.24B; net debt better than guidance

## Summary
- Preliminary FY2023 revenue ~$2.24B; ongoing business revenue ~$2.20B; both in line with prior guidance.
- Inventory ~$460M (vs guidance $490M); net debt ~$750M (vs $850M), both better than anticipated.
- Asset monetization generated ~$250M cash in FY2023; sale of KY distribution center for $23M in Q4.
- Strategic alternatives for Sperry brand remain on track.
- Full year adjusted gross margin above 39%; Q4 above 36%.

## SEC filing metadata
- accession: 0000110471-24-000002
- form_type: 8-K
- ticker: WWW
- cik: 0000110471
- company_name: WOLVERINE WORLD WIDE INC /DE/
- filed_at: 2024-01-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/110471/000011047124000002/0000110471-24-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/110471/000011047124000002/www-20240108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000110471-24-000002
- JSON: https://secwatch.observer/filing/0000110471-24-000002.json
- Plain text: https://secwatch.observer/filing/0000110471-24-000002.txt

## Key facts
- Earnings Releases
  WOLVERINE WORLD WIDE INC /DE/ reported fiscal year 2023 results: revenue approximately $2.24 billion. Guidance reaffirmed.
  - Period: fiscal year 2023
  - Revenue: approximately $2.24 billion
  - Guidance: reaffirmed
  - Result: preliminary results
  source text: The Company expects the following preliminary and unaudited financial results for its ongoing business as of December 30, 2023: • Full year and fourth quarter reported revenue of approximately $2.24 billion and $527 million, respectively - in line with November guidance.
  evidence_url: https://www.sec.gov/Archives/edgar/data/110471/000011047124000002/0000110471-24-000002-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.