Nov 3, 4:36 PM ET
Wolverine World Wide disclosed a separation agreement with Susie Kuhn, who stopped serving as President, Active Group on September 21, 2026. The agreement, effective October 31, 2026, provides severance, benefits, a prorated fiscal 2026 bonus payable if at all, and restrictive covenants on her. The filing does not state any financial impact on the company's results.
- Kuhn ceased serving as President, Active Group on September 21, 2026, as previously disclosed.
- Severance equals one year of base salary, paid bi-weekly, plus health care continuation benefits.
- Prorated fiscal 2026 bonus is payable based on actual company performance, if at all, after active employees are paid.
- Non-compete runs through October 31, 2027; non-solicitation runs through September 21, 2027.
Read the filing on SEC.gov ↗
Sep 21, 4:30 PM ET
Effective September 21, 2026, Wolverine World Wide eliminated the position of President, Active Group, and Susie Kuhn, who held that role, left the company the same day. The company said her duties have been distributed throughout the organization. The filing does not disclose any financial impact or replacement.
- Position of President, Active Group eliminated effective September 21, 2026
- Susie Kuhn left the company on September 21, 2026
- Company states her duties have been distributed across the organization
- Filing does not name a successor or give any financial figures
Read the filing on SEC.gov ↗
Aug 13, 6:31 AM ET
Wolverine World Wide reported second-quarter 2026 revenue of $506.4 million, up 6.8% from a year earlier, and diluted earnings per share of $0.37 versus $0.32. The company raised its full-year 2026 revenue, diluted EPS and adjusted EPS outlook, while gross margin fell 70 basis points to 46.5%.
- Q2 2026 diluted EPS was $0.37 vs. $0.32 a year earlier; adjusted diluted EPS was $0.40 vs. $0.35.
- Full-year 2026 diluted EPS outlook raised to $1.48 to $1.58 from $1.39 to $1.54; adjusted EPS outlook raised to $1.55 to $1.65 from $1.43 to $1.58.
- Full-year 2026 revenue outlook raised to $1.980 billion to $2.000 billion from $1.960 billion to $1.985 billion.
- Gross margin was 46.5% vs. 47.2%, mainly reflecting higher U.S. tariffs; the company expects full-year gross margin of about 46.9%.
Read the filing on SEC.gov ↗
May 14, 6:31 AM ET
Wolverine Worldwide reported first-quarter 2026 revenue of $457.6 million, up 11.0% from $412.3 million a year earlier, and diluted earnings per share of $0.24, up from $0.15. The company raised its fiscal 2026 diluted EPS outlook to $1.39 to $1.54 from $1.31 to $1.46 and kept its revenue outlook unchanged at $1.960 billion to $1.985 billion. For shareholders, the filing shows higher reported earnings and a higher full-year profit forecast.
- Q1 2026 revenue was $457.6 million, up 11.0%; Active Group revenue rose 13.7% to $371.6 million.
- Diluted EPS was $0.24 versus $0.15; adjusted diluted EPS was $0.25 versus $0.19.
- Fiscal 2026 diluted EPS outlook raised to $1.39 to $1.54 from $1.31 to $1.46; revenue outlook unchanged.
- Net debt was $519 million at April 4, 2026, down $85 million, or 14.1%, from a year earlier.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.