123 annotations
we think that their situation has improved versus last year
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2024 Q4
25 Mar 24
health of the low-income consumer
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2024 Q4
25 Mar 24
we have always had a lower mix of higher income shoppers than some of our peers
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2024 Q4
25 Mar 24
We talked about that last year.
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2024 Q4
25 Mar 24
for the last few years, it's been clear that right now, the growth in off-price is being driven by higher income shoppers
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2024 Q4
25 Mar 24
since early 2022 that has not been the case
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2024 Q4
25 Mar 24
historically, in off-price, and certainly for us, the lower income shopper has been, a, or even the major driver of growth
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2024 Q4
25 Mar 24
t
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2024 Q4
25 Mar 24
that's really what drove our comp in the second half of last year
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2024 Q4
25 Mar 24
he incremental growth for our business this year is going to have to come from increased penetration with trade-down customers
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2024 Q4
25 Mar 24
Discretionary spending levels for this segment of shoppers have been seriously impacted over the last 2 years.
You can see that in the results of most retailers who serve that lower-end customer.
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2024 Q4
25 Mar 24
A year ago, this shopper was really struggling with a higher cost of living and with the loss of pandemic-era benefits. This customer is still fragile.
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2024 Q4
25 Mar 24
Secondly, what really drove our incremental growth in Q4 was the success of our strategies and businesses targeting trade down or slightly higher income shoppers.
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2024 Q4
25 Mar 24
Key Performance and Non-GAAP Measures
Key Performance and Non-GAAP Measures:
net income, Adjusted Net Income, Adjusted EBITDA, Adjusted EBIT, comparable store sales, gross margin, inventory, store payroll and liquidity.
10-Q
2024 Q2
28 Aug 23
The Company had $1,301.2 million of purchase commitments related to goods that were not received as of July 29, 2023.
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10-Q
2024 Q2
28 Aug 23
Deferred income taxes
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10-Q
2024 Q2
28 Aug 23
Notwithstanding the foregoing, a default under clauses (3), (4) or (7) above will not constitute an Event of Default until the Trustee or Holders of 25% in principal amount of Notes notify the Issuer in writing (with a copy to the Trustee, if given by the Holders) of the default and, with respect to clause (3), if the Issuer does not cure such default within the time specified in clause (3) after receipt of such notice.
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8-K
28 Aug 23
Events of Default.
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8-K
28 Aug 23
eauty accessories and footwear businesses were our strongest businesses.
I think that's sort of been reported by the retailers, so not too much to call out there.
I think those are the businesses the customer are really buying right now and I think our merchants did a very nice job chasing into those businesses.
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Transcript
2023 Q2
28 Aug 23
, and the hurdle we use here is based on our 2019 operating margin. A
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2023 Q2
28 Aug 23