Profitability:
Underlying U.S. operating margin improved and e‑commerce reached profitability on a fully allocated basis, supported by sales leverage and mix. This signals strengthening profit resilience even as omnichannel scales.
Future-Ready Strategy:
The company completed rollout of a proprietary omnichannel platform across all five U.S. brands and is investing in a new automated distribution center to expand capacity. Multi‑year price investments and expanded own‑brand assortments are designed to reinforce value and loyalty.
Resilient & Sustainable Growth:
Comparable sales in the U.S. remained positive while online continued at strong double‑digit growth, and management reaffirmed guidance citing solid U.S. momentum. Ongoing remodels and omnichannel expansion underpin durability of the growth trajectory.
