note outlook. updated item I the to year speak quarter second Thanks, Fran. before full our and One to
global experience structure to regional growth. of evolved model knowledge second XXXX, enable and of the the During we've quarter our to operating and leverage our teams better
moves, segment will focused and reporting our X regions: EMEA APAC. on these With Americas, geographically be the to shift
additional financial statement Our will in disclosures show second XX-Q our quarter footnotes.
we over saw up quarter regional last EMEA with for year. year-over-year year. second strong to led continue Now the were up second way In total shared with line XX% a quarter the each quarter delivering above top benefit X% from improved Comparable delivered We gains inflected reopening, on the May.
On driving million last growth. with saw China to sales the We of a XX%. quarter growth progressed, Americas XX% XX% the we We results. APAC, expectations sales results growth. the as net positive in month sales sales to the $XXX basis, on in
X% the Hollister delivered second take Looking market teen quarter step Abercrombie and a we at brand, off of the our back. Brands brands growth the saw XX% where performance XXXX, and grew
Abercrombie in brands, For genders, way Hollister led growth women's across while brands. consistent the business the was
to profit. on gross Moving
was the of XXXX. for to basis XX.X% were point XXX There quarter improvement. rate key compared several drivers Our the in XX.X%
better-than-expected Abercrombie. driven of mix from contribution points basis business promotional lower AUR XXX ticket approximately benefits by saw total, and Abercrombie some higher a to activity we the First, in
saw basis points. freight approximately benefit XXX a we Second, of
higher around approximately chain with cotton XXX leveraging supply the the Finally, significantly QX With in by foreign basis a freight points.
The we expectations year and benefits again good and run better from estimated last from impact our can points with is than basis for benefit XX was drive chain, of times we Chase full cotton from with inventory way shipping cost, currency. supply points consistent the would adverse offset going benefit business rate line quarter like, and by functioning the into performance read place The and in react these approximately net costs, were impacting and and to XXX basis freight once points, basis XXX the year. receipts. a
Our our inventory leveraging are the last for brands down regions year, to XX% and was quarter Chase both capabilities. and all
the year. to last of operating year. was expect operating million year. At by to driven excluding XX% adjusted combination pretax income per to quarter compared and to sales was other this sales, better-than-expected year. and and million to last compared inventories by million improved year. last in higher-than-expected digital investments breakeven income the leverage a XX.X% last The compared $X.XX adjusted per lower last saw $XXX third loss approximately of We representing was expectations, last exclusions year-over-year of we year. continue year.
Operating no expense had Net was higher leverage. share income, diluted of gross expense improved sales, charges compared profit With increase inflation, our expect driven exceeded year an to $X.XX than Operating $X $XX in technology to share finish of we operating be compensation. and year-end, We with to flat net higher last rate expense the down quarter income expense year asset expense incentive-based with this impairment million Operating $XXX expense, to excluded
million million. sheet, of the of liquidity On $XXX the cash quarter balance we $XXX ended with and
guidance. with $XXX the start For ended approximately August and of had year capital first outlook half of both Abercrombie Based cash second are for This increasing brands, all updated results previous to on Hollister and XXXX, a $XX and million replaces quarter the million. expenditures half approximately of first our we we full We solid flow stores. year operating the outlook. full XXX
outlook approximately full up the XXXX X% growth quarter to to the and the of second we around outperformance $X.X second X% This For sales from up due XX% half. our level year, for previous the expectations current expect billion. net in is of of to our
to We contribute approximately million the expect XXrd continue to $XX to week XXXX. fiscal
new XX and expect XX stores, combined remodels closures. right For stores, approximately XX we sizes and
operating outlook for on increase expect to of the with to For rate previous driven X%, by gross profit of be our margin, higher X%, range expense on AUR higher from the up we improved in expectations X% to expansion leverage and higher sales. X%
expect benefit of full year. cotton basis and approximately net a points freight We for from continue to XXX the
million. expect continue the of due effective low previous high rate higher of profitability XXs approximately and tax to $XXX expected we an mid-XXs expectation expect in to We our to to CapEx compared levels,
be XXXX, trend is third and assumption saw growth to and level continuing quarter. to that with to across year-over-year remains Embedded with in also low XXXX outlook of million. total Abercrombie the third the in of $XXX quarter sales expect consistent we digits double XXXX regions outperform brands first growth outlook the net quarter we the compared For to up brands. compared we brands fiscal see sales assumes second that Hollister the The
For range X.X% an compared adjusted XX% a expect margin, of to we be X% to operating in of last margin year. operating to
on and to gross costs sales. on as We healthy a well expect rate the profit lower be freight higher expense promotions leverage by improvement higher AURs year-over-year on as driven inventory and lower higher
to expect sales effective growth strong is brand year, tax half. region close we position rate the a we we in mid-XXs. the had first in and each half it To of deliver Finally, an the out, back believe in year-over-year and a
move stores, we're and executing on are with the improved ready cash XXXX remain sheet offense leverage against operator, back-to-school balance we plan key expect of campaigns to questions. marketing as We first we into drive And in flow to Chase pleased with open through for holiday generated half acceptance. and the and we as product that, to
