Every material Form 8-K Wolverine World Wide has filed with the SEC since August 07, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
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
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%.
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.
Wolverine World Wide reported fourth-quarter 2025 revenue of $517.5 million, up 4.6% from $494.7 million a year earlier, and diluted earnings per share of $0.38, up from $0.28. For fiscal 2026 it expects revenue of $1.960 billion to $1.985 billion and diluted earnings per share of $1.31 to $1.46, with adjusted diluted earnings per share of $1.35 to $1.50.
Q4 2025 revenue $517.5 million, up 4.6%; Active Group up 12.4%, Work Group down 11.3%
Q4 2025 diluted EPS $0.38 vs $0.28; adjusted diluted EPS $0.45 vs $0.40
Fiscal 2025 revenue $1,874.3 million, up 6.8%; diluted EPS $1.14 vs $0.55
Fiscal 2026 guidance: revenue $1.960 billion to $1.985 billion; diluted EPS $1.31 to $1.46
Wolverine World Wide reported third-quarter 2025 revenue of $470.3 million, up 6.8% from $440.2 million a year earlier, and GAAP diluted earnings per share of $0.30 versus $0.28. The company also gave full-year 2025 guidance of $1.855 billion to $1.870 billion in revenue and GAAP diluted EPS of $1.08 to $1.13, and changed its U.S. inventory costing method from LIFO to FIFO.
Q3 2025 revenue $470.3 million vs. $440.2 million; gross margin 47.5% vs. 45.1%
Adjusted diluted EPS $0.36 vs. $0.28 in Q3 2024 (non-GAAP)
Full-year 2025 guidance: revenue $1.855 billion to $1.870 billion; GAAP diluted EPS $1.08 to $1.13
Inventory method changed from LIFO to FIFO; the change added $0.02 to Q3 diluted EPS
Wolverine World Wide entered into a replacement credit facility on September 24, 2025, reducing its revolving commitments from $800 million to $600 million and eliminating its term loan A facility. It also extended a receivables purchase agreement to September 25, 2028, and the company said the new facility is sufficient for its ongoing capital needs.
Revolving credit commitments reduced to $600 million from $800 million; term loan A facility eliminated
$25.0 million of term loan A loans outstanding at closing were refinanced with the new facility
Senior Credit Facility maturity extended to September 24, 2030
Receivables Purchase Agreement Scheduled Termination Date set to September 25, 2028
Wolverine World Wide reported second quarter 2025 revenue of $474.2 million, up 11.5% from a year earlier, and diluted earnings per share of $0.32, up from $0.17. The company also guided third quarter revenue to $450 million to $460 million and diluted EPS to $0.24 to $0.28, but did not provide a full-year 2025 outlook because of tariff uncertainty.
Revenue $474.2 million vs $425.2 million; Saucony revenue rose 41.5% to $144.3 million
Diluted EPS $0.32 vs $0.17; adjusted diluted EPS $0.35 vs $0.15
Third quarter 2025 guidance: revenue $450 million to $460 million, diluted EPS $0.24 to $0.28
No full-year 2025 outlook provided due to uncertainty around tariffs and macro-economic conditions
Wolverine World Wide appointed Cheryl Abel-Hodges and Jack Boyle to its Board of Directors, effective July 1, 2025. Ms. Abel-Hodges joins the Audit Committee and Mr. Boyle joins the Compensation and Human Capital Committee, and both will be independent directors. The filing reports no financial results or changes to the company's operations.
Cheryl Abel-Hodges and Jack Boyle appointed to the Board effective July 1, 2025
Ms. Abel-Hodges, 61, is CEO of Tommy John, Inc. and former CEO of the Calvin Klein brand at PVH Corp.
Mr. Boyle, 57, recently retired from Fanatics Holdings, Inc. and will serve on the Compensation and Human Capital Committee
Both directors will receive non-employee director compensation and sign the company's standard Indemnification Agreement
Wolverine World Wide reported first-quarter 2025 revenue of $412.3 million, up 4.4% from $394.9 million a year earlier, and diluted earnings per share of $0.13 versus a loss of $0.19. The company withdrew its full-year 2025 guidance, citing uncertainty around tariffs and macroeconomic conditions, while forecasting second-quarter revenue of $440 million to $450 million.
Q1 2025 diluted EPS of $0.13 versus a loss of $0.19 in Q1 2024; adjusted diluted EPS of $0.18 versus $0.05
Q1 2025 revenue of $412.3 million, up 4.4%; gross margin 47.3% versus 45.9%
Full-year 2025 outlook withdrawn; prior guidance issued February 19, 2025 is withdrawn
Second-quarter 2025 revenue expected at $440 million to $450 million; diluted EPS $0.17 to $0.22
Wolverine World Wide said its President, International Group, Isabel Soriano, will leave the company on March 3, 2026, because her position is being eliminated as part of a restructuring of global commercial operations. The company entered a settlement agreement with her on March 3, 2025, that includes severance-type payments and restrictive covenants.
Isabel Soriano's employment as President, International Group ends March 3, 2026, due to position elimination
Settlement includes a cash payment equal to one year of base salary and a £300,000 repatriation payment, both paid after the termination date
Duties are being distributed across the organization, with regional brand leaders reporting to global brand leaders for Merrell and Saucony
Full settlement agreement to be filed as an exhibit to the Form 10-Q for the quarter ended March 29, 2025
Wolverine World Wide reported fourth-quarter 2024 revenue of $494.7 million, down 6.1% from a year earlier, but ongoing-business revenue rose 3.0% and diluted earnings per share swung to $0.29 from a loss of $1.15. The company also issued 2025 guidance calling for revenue of $1.795 billion to $1.825 billion and diluted EPS of $0.95 to $1.10, which shareholders can compare against 2024 results.
Q4 2024 reported revenue $494.7 million, down 6.1% from $526.7 million; ongoing revenue up 3.0% from $480.5 million
Q4 diluted EPS $0.29 vs. $(1.15) a year earlier; adjusted diluted EPS $0.42 vs. $(0.26)
Full-year 2024 reported revenue $1.755 billion, down 21.8%; diluted EPS $0.58 vs. $(0.51) in 2023
2025 outlook: revenue $1.795 billion to $1.825 billion; diluted EPS $0.95 to $1.10, including a 53rd week
Wolverine World Wide director Jodi Bricker told the Board on January 21, 2025 that she will not stand for re-election when her term expires at the 2025 Annual Meeting of Shareholders. She will remain on the Board until that meeting, and the filing says her decision did not stem from any disagreement with the Company over its operations, policies, or practices.
Notice given to the Board on January 21, 2025
Bricker will serve until the 2025 Annual Meeting of Shareholders
Filing states no disagreement with the Company on operations, policies, or practices
Wolverine World Wide voluntarily reduced the commitment under its revolving credit facility with JPMorgan Chase Bank, N.A. as administrative agent, from $1 billion to $800 million, effective December 11, 2024, without a formal amendment. Management says $800 million of borrowing capacity is sufficient given the divestitures completed in 2023 and 2024, and expects the change to lower unused commitment fees with no expected effect on operations or leverage.
Revolving credit commitment reduced from $1 billion to $800 million, agreed December 6, 2024
Reduction effective December 11, 2024; no formal amendment to the Credit Agreement was required
Company expects lower unused commitment fees and no effect on operations or leverage
Wolverine World Wide reported third-quarter 2024 results on November 7, 2024. Reported revenue fell 16.6% to $440.2 million, while diluted earnings per share rose to $0.28 from $0.11 a year earlier. The company raised its full-year 2024 revenue and EPS outlook, but its ongoing business revenue still declined 7.0% from the prior year.
Q3 2024 reported revenue of $440.2 million, down 16.6% from $527.7 million; ongoing revenue of $440.1 million, down 7.0% from $473.3 million
Diluted EPS of $0.28 vs. $0.11 a year earlier; adjusted diluted EPS of $0.29
Full-year 2024 ongoing revenue outlook raised to $1.730 to $1.745 billion from $1.71 to $1.73 billion
Full-year diluted EPS outlook raised to $0.56 to $0.66 from $0.53 to $0.63; net debt at quarter end was $563 million, down $373 million year over year
Wolverine World Wide reported second-quarter 2024 revenue of $425.2 million, down 27.8% from $589.1 million a year earlier, and diluted earnings per share of $0.17 versus $0.30. The company raised parts of its full-year 2024 outlook, including diluted EPS of $0.53 to $0.63 (previously $0.43 to $0.63) and ongoing revenue of $1.71 billion to $1.73 billion, while the year-over-year declines reflect divestitures and lower sales.
Q2 2024 diluted EPS was $0.17 versus $0.30 a year earlier, down 43.3%; adjusted diluted EPS was $0.15 versus $0.19.
Ongoing revenue for the quarter was $424.8 million, down 18.4% from $520.8 million; the company cited divestitures of Keds, Wolverine Leathers and Sperry.
Full-year 2024 diluted EPS guidance is $0.53 to $0.63, and ongoing revenue guidance is $1.71 billion to $1.73 billion.
Inventory at quarter end was $297.1 million, down 54.1% from the prior year, and net debt was $666 million.
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Wolverine World Wide filing is on SEC EDGAR ↗. 8-K briefs of other companies →