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more of the less engaged customers
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2022 Q2
4 Sep 22
more of the less engaged customers
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2022 Q2
4 Sep 22
the gold and platinum customers were retaining their spends
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2022 Q2
4 Sep 22
we will end this year with the appropriate level of inventory.
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2022 Q2
4 Sep 22
we’re going to take the markdowns necessary.
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2022 Q2
4 Sep 22
sleepwear, men and women’s activewear, casual, sportswear, those are areas where we’re going to have to respond
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2022 Q2
4 Sep 22
margin is really just the pressures within certain categories that are experiencing increasing promotional intensity,
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2022 Q2
4 Sep 22
margin is really just the pressures within certain categories that are experiencing increasing promotional intensity,
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2022 Q2
4 Sep 22
margin is really just the pressures within certain categories that are experiencing increasing promotional intensity,
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2022 Q2
4 Sep 22
last year, we saw raw materials like cotton prices increase and a lot of that is now flowing through
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2022 Q2
4 Sep 22
fuel costs are currently trending down
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2022 Q2
4 Sep 22
occasion based, that is – those are just very healthy categories for us.
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2022 Q2
4 Sep 22
the AUR there was up about 13%
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2022 Q2
4 Sep 22
Before Father’s Day, we saw strength in men’s fragrances, tailored clothing, furnishings, outdoor sportswear, and shoes
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2022 Q2
4 Sep 22
We want to work through those – that inventory and markdown appropriately to increase sell-throughs and position us better going into the next year, but we are also managing elevated supply chain costs.
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2022 Q2
4 Sep 22
the third quarter to date is basically conforming to our revised guidance.
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2022 Q2
4 Sep 22
we saw that the back half of the second quarter was about 5 percentage points lower than the front half.
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2022 Q2
4 Sep 22
While we are committed to taking the necessary markdowns, the year-over-year growth rate in inventory at the end of the third quarter is expected to be similar to the second quarter to ensure the appropriate freshness and inventory levels for the holiday season.
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2022 Q2
4 Sep 22
gross margin deterioration versus 2021 will be no more than 350 basis points reflective of the impacts of the markdowns needed
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2022 Q2
4 Sep 22
Gross margin down roughly 150 basis points from 2021 lower than our prior guidance due to the additional markdowns
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2022 Q2
4 Sep 22