secwatch.observer — SEC 8-K summary
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Issuer:     WOLVERINE WORLD WIDE INC /DE/ (WWW)
CIK:        0000110471
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0000110471-25-000083
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wolverine Q1 EPS $0.13 vs ($0.19) YoY; revenue up 5.5% ongoing; Saucony +30%; full-year guidance withdrawn
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- Q1 revenue $412.3M (up 4.4% reported, 5.5% ongoing); gross margin 47.3% (record, +140bps); operating margin 4.8%.
- Adjusted EPS $0.18 (+260% YoY); Merrell +13.2%, Saucony +29.6% drove growth; Sweaty Betty -15.9%.
- Inventory down 23.6% to $271M; net debt down 12.1% to $604M YoY.
- Q2 outlook: rev $440-450M (3.7-6.0% growth); adjusted EPS $0.19-$0.24.
- Full-year 2025 guidance withdrawn citing tariff/macro uncertainty; last issued Feb 19, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/110471/000011047125000083/0000110471-25-000083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/110471/000011047125000083/www-20250508.htm
  HTML page:      https://secwatch.observer/filing/0000110471-25-000083

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