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Gross profit in the third quarter was $1.01 billion or 34.22% of net sales and declined 423 basis points versus last year.
However, it increased 463 basis points over Q3 of 2019.
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2022 Q3
18 Dec 22
our merchandise margin remained elevated compared to 2019. And looking ahead, we continue to be very confident that our merchandise margin will remain meaningfully higher than pre-COVID levels on an annual basis.
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2022 Q3
18 Dec 22
Within our portfolio, the back-to-school categories did very well, driven by our differentiated assortment across footwear, apparel and team sports.
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2022 Q3
6 Dec 22
he quality of our assortment for the holiday season,
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2022 Q3
28 Nov 22
we saw a merchandise margin decline of 438 basis points versus last year.
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2022 Q3
28 Nov 22