{"schema_version":"secwatch.filing_event.v1","accession":"0000110471-24-000106","form_type":"8-K","ticker":"WWW","cik":"0000110471","company_name":"WOLVERINE WORLD WIDE INC /DE/","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.303718+00:00","generated_at":"2026-06-02T08:41:50.271853+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 Worldwide Q1 beats expectations on revenue and earnings; record gross margin 46.5%","bullets":["Ongoing revenue $390.8M, down 24.5% YoY; adjusted EPS $0.05 vs $0.11 YoY.","Reported gross margin 45.9%, adjusted gross margin 46.5% (up 540bps YoY).","Inventory down 51% YoY to $354.3M; net debt down $380M YoY to $685M.","FY 2024 outlook: ongoing revenue $1.68-1.73B; adjusted EPS $0.65-0.85.","Board approved $150M stock repurchase program over three years."],"urls":{"canonical":"https://secwatch.observer/filing/0000110471-24-000106","json":"https://secwatch.observer/filing/0000110471-24-000106.json","markdown":"https://secwatch.observer/filing/0000110471-24-000106.md","text":"https://secwatch.observer/filing/0000110471-24-000106.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/110471/000011047124000106/0000110471-24-000106-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/110471/000011047124000106/www-20240508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T08:41:50.271853+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":"0c5953d96df0faebd8d78755d885adf2af04b1fa","claim":"WOLVERINE WORLD WIDE INC /DE/ reported first quarter ended March 30, 2024 results: revenue Total Revenue $394.9, EPS Diluted Earnings Per Share ($0.19).","evidence_excerpt":"Change Reported Segment Revenue Results: Active Group $289.8 $385.9 (24.9)% (25.6)% Work Group $90.1 $114.5 (21.3)% (21.7)% Other $15.0 $99.0 (84.8)% (84.8)% Total Revenue $394.9 $599.4 (34.1)% (34.6)% Ongoing Total Revenue $390.8 $517.5 (24.5)% (25.1)% Supplemental Revenue Information Merrell $133.0 $180.3 (26.2)% (26.6)% Saucony $100.1 $132.6 (24.5)%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/110471/000011047124000106/0000110471-24-000106-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 30, 2024"},{"label":"Revenue","value":"Total Revenue $394.9"},{"label":"EPS","value":"Diluted Earnings Per Share ($0.19)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"0f792cd3f98b251cde6dffbf73de17c8dd56dd67","claim":"WOLVERINE WORLD WIDE INC /DE/ reported Full year 2024 results: revenue Revenue from our ongoing business is now expected to be approximately $1.68 billion to $1.73 billion, EPS diluted earnings per share are expected to be between $0.43 and $0.63. Guidance reaffirmed.","evidence_excerpt":"by the progress we have made in such a short time frame.” Full year 2024 outlook is as follows: • Revenue from our ongoing business is now expected to be approximately $1.68 billion to $1.73 billion, which is adjusted for the new licensing model recently announced on May 1 for our Merrell and Saucony kids business. This range represents a decline compared to","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/110471/000011047124000106/0000110471-24-000106-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full year 2024"},{"label":"Revenue","value":"Revenue from our ongoing business is now expected to be approximately $1.68 billion to $1.73 billion"},{"label":"EPS","value":"diluted earnings per share are expected to be between $0.43 and $0.63"},{"label":"Guidance","value":"reaffirmed"},{"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"}