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1、2021 ANNUAL REPORT47%Growth of Direct-to-Consumer Revenue$2.41 Bin Revenue,Growth of 35%$2.09Adjusted EPS,Growth of 125%Acquired2021 FINANCIAL HIGHLIGHTSAll growth comparisons are to fiscal year 2020.2021 ANNUAL REPORT1LETTER TO SHAREHOLDERSA YEAR OF GROWTH AND EXPANSIONI am very pleased to be writi
2、ng to you for the first time as CEO of Wolverine Worldwide.I joined the Company as President in the fall of 2020,and I am more confident than ever in the untapped growth potential of our powerful and diversified portfolio of world class brands which operate in attractive categories,deliver industry-
3、leading product innovation,and are supported by strong teams and centers of excellence.2021 was another successful year for the Company,with continued progress against our three strategic growth drivers an intense Direct-to-Consumer focus,particularly in Digital channels;enhanced Product Innovation
4、and Creation;and accelerated growth in International markets.Focused efforts and investments in these growth drivers in 2021 helped fuel strong financial performance and build momentum in our brands and fast-growing direct-to-consumer businesses.We also expanded our portfolio through the acquisition
5、 of Sweaty Betty,a global premium womens activewear brand that is expected to further accelerate our growth.I am proud to share the following 2021 highlights with you,and touch on our strategic focus and approach for 2022 as we work to fulfill our vision to“Build a family of the most admired perform
6、ance and lifestyle brands on earth.”2021 FINANCIAL HIGHLIGHTSWe are pleased with the Companys strong financial performance in 2021,with revenue and earnings growing significantly and exceeding our expectations entering the year.Revenue for the year was$2.41 billion,growing 28%organically compared to