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here are approximately 400 basis points of headwinds from supply disruptions and accelerated liquidation in the prior year
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2024 Q2
23 Dec 23
adjusted digital growth plans based on recent digital traffic softness and higher marketplace promotions, life cycle management of key product franchises and a stronger U.S. dollar that has negatively impacted second half reported revenue versus 90 days ago.
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2024 Q2
23 Dec 23
This new outlook reflects increased macro headwinds, particularly in Greater China and EMEA.
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2024 Q2
23 Dec 23
This new outlook reflects increased macro headwinds, particularly in Greater China and EMEA.
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2024 Q2
23 Dec 23
This new outlook reflects increased macro headwinds, particularly in Greater China and EMEA.
(No comment added)
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2024 Q2
23 Dec 23
full year reported revenue now growing approximately 1%
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2024 Q2
23 Dec 23
we expect Q3 reported revenue to be slightly negative
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2024 Q2
23 Dec 23
We expect second quarter gross margins to expand approximately 100 basis points versus the prior year, reflecting benefits from strategic pricing, improved markdowns and lower ocean freight rates partially offset by higher product input costs.
We continue to expect a negative impact from 50 basis points of foreign exchange headwinds.
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2024 Q1
30 Sep 23
We expect second quarter gross margins to expand approximately 100 basis points versus the prior year, reflecting benefits from strategic pricing, improved markdowns and lower ocean freight rates partially offset by higher product input costs.
We continue to expect a negative impact from 50 basis points of foreign exchange headwinds.
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2024 Q1
30 Sep 23
We expect second quarter gross margins to expand approximately 100 basis points versus the prior year, reflecting benefits from strategic pricing, improved markdowns and lower ocean freight rates partially offset by higher product input costs.
We continue to expect a negative impact from 50 basis points of foreign exchange headwinds.
(No comment added)
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2024 Q1
30 Sep 23
We expect second quarter reported revenue growth to be up slightly versus the prior year
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2024 Q1
30 Sep 23
We are cautiously planning for modest markdown improvements for the balance of the year given the promotional environment.
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2024 Q1
30 Sep 23
We continue to expect gross margins to expand 140 to 160 basis points on a reported basis, which includes 50 basis points of negative impact from foreign exchange headwinds.
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2024 Q1
30 Sep 23
this growth outlook includes approximately 4 points of headwinds from accelerated liquidation and higher wholesale sell-in during the prior year as we sold roughly 5 seasons of supply within 4 financial quarters
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2024 Q1
30 Sep 23
this growth outlook includes approximately 4 points of headwinds from accelerated liquidation and higher wholesale sell-in during the prior year as we sold roughly 5 seasons of supply within 4 financial quarters
(No comment added)
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2024 Q1
30 Sep 23
For the full year, we continue to expect reported revenue to grow mid-single digits.
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2024 Q1
30 Sep 23
For the full year, we continue to expect reported revenue to grow mid-single digits.
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2024 Q1
30 Sep 23
primarily due to higher product input costs and elevated freight and logistics expenses. Higher markdowns, and 100 basis points of unfavorable changes in net foreign currency exchange rates, partially offset by strategic pricing actions and lapping higher inventory obsolescence reserves in Greater China in the prior period
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2023 Q4
12 Jul 23
We expect another quarter of sequential improvement in gross margin, down 50 basis points to 75 basis points on a reported basis, which translates to 25 basis points to 50 basis points of operational gross margin expansion, excluding the negative impact of a 100 basis points of foreign exchange headwinds.
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2023 Q4
4 Jul 23
We expect first quarter revenue growth to be flat to up low-single-digits, reflecting our decision to tighten first half buys and restrain marketplace inventory.
(No comment added)
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2023 Q4
4 Jul 23