---
schema_version: "secwatch.filing_event.v1"
accession: "0000110471-24-000053"
form_type: "8-K"
ticker: "WWW"
cik: "0000110471"
company_name: "WOLVERINE WORLD WIDE INC /DE/"
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T21:40:37.673881+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Wolverine Worldwide Q4 revenue down 20.8% to $526.7M; guides 2024 adjusted EPS $0.65-$0.85

## Summary
- Q4 reported diluted EPS loss $1.15; adjusted diluted EPS loss $0.30.
- Full-year 2023 revenue $2.24B, down 16.5%; adjusted EPS $0.05 vs $1.37 prior year.
- 2024 outlook: ongoing revenue $1.70-$1.75B, gross margin ~44.5% (up 460 bps), adjusted EPS $0.65-$0.85.
- Net debt reduced to $740M (2.9x leverage); inventory down ~50% YoY to $373.6M.
- Sperry sold in Jan 2024; expects $140M incremental cost savings in 2024.

## SEC filing metadata
- accession: 0000110471-24-000053
- form_type: 8-K
- ticker: WWW
- cik: 0000110471
- company_name: WOLVERINE WORLD WIDE INC /DE/
- filed_at: 2024-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/110471/000011047124000053/0000110471-24-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/110471/000011047124000053/www-20240221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000110471-24-000053
- JSON: https://secwatch.observer/filing/0000110471-24-000053.json
- Plain text: https://secwatch.observer/filing/0000110471-24-000053.txt

## Key facts
- Earnings Releases
  WOLVERINE WORLD WIDE INC /DE/ reported fourth quarter of 2023 ended December 30, 2023 results: EPS ($1.15).
  - Period: fourth quarter of 2023 ended December 30, 2023
  - EPS: ($1.15)
  - Result: reported results
  source text: On February 21, 2024, Wolverine World Wide, Inc. (the “Company”) issued a press release and posted an investor presentation to its website, www.wolverineworldwide.com, announcing its financial results for the Company’s fourth quarter of 2023 and its 2023 fiscal year ended December 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/110471/000011047124000053/0000110471-24-000053-index.htm
- Earnings Releases
  WOLVERINE WORLD WIDE INC /DE/ reported 2023 fiscal year ended December 30, 2023 results: EPS $(0.51).
  - Period: 2023 fiscal year ended December 30, 2023
  - EPS: $(0.51)
  - Result: reported results
  source text: On February 21, 2024, Wolverine World Wide, Inc. (the “Company”) issued a press release and posted an investor presentation to its website, www.wolverineworldwide.com, announcing its financial results for the Company’s fourth quarter of 2023 and its 2023 fiscal year ended December 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/110471/000011047124000053/0000110471-24-000053-index.htm

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