record Thanks, to thank first I'd quarter, execution income. Fran. sales helping the teams operating continued and to our global quarter for net throughout first like their strong drive
reported total the For in the of XXXX. we $X $X first the time a we from calendar growth brands. have basis net week in On the This billion with year of benefit the saw quarter, XXX point a shift is to were the history first XXrd XX% basis, the up billion sales in compared from regions delivered quarter. of and company, last across sales
In driven are by marketing balanced APAC. grew accelerating and the efforts. XX% growth the where in we growth we markets. saw markets our double-digit X In was U.K. growth saw growth in XX% both was Americas, Net region. each sales grew quarter in and the regional XX% and channel, for stores a the in On the EMEA, XX%. basis, sales and the XX% double-digit XX% basis, a Germany, APAC. Americas, in we comp growth digital. XX% localized By sales in in Americas, increasingly Comparable EMEA across delivered EMEA On in we
comps In was In and from APAC, store larger growth, net to a we currency closures. primarily which foreign sales driven saw a was growth APAC, brand driven few China. by by a grew Abercrombie grew Hollister perspective, XX% of comp Hollister stellar On Brands delivered quarter brands growth XX% XX%. and another while Abercrombie at basis, XX%. and grew From a spread
gross profits. gross XX.X% lower gross benefits lower compared delivered rate. in XXXX. up record costs slightly from quarter first saw a XXX strong rate for profit the at and gross driven dollars, look healthy profit points costs. We and The by a We a Taking profit line to was top XX% quarter freight both rate basis the year-over-year cotton
and clearance brands discounts selling inventory on continued across also management. benefits We from saw lower strong
leverage chase quarter. position entering quarter, We capabilities was each our the in brand a to during the chase across and second brands
expense increased million other top marketing, growth, last the $XXX variable expenses and Moving excluding expenses. operating higher was people. on investments Operating increase year. for adjusted year-over-year to inflation million sales $XXX strong on operating was of in expense, and On and digital by driven the quarter to technology of compared income,
X% For marketing, around spend first around in last was the of compared first year. of quarter sales quarter X% the to
these through on to to reminder, $XXX projection year. last year of or X.X% we sales our $XX brand sales investments, Operating income year. we sales As leverage with as assortment a of expenses evolution. or of million as expense pulled XX.X% after and delivered operating last work a operating Hollister XX.X% income Even percentage last solid million back we of of XX.X% was compared compared marketing adjusted
diluted per $X.XX income per share to last compared was adjusted $X.XX net share income diluted Net year. of
to results. performance measure This quarter, we've an introduced EBITDA non-GAAP of our additional
sales disclosures to million $XX and of XX% EBITDA or metrics. on million X% Please year. compared $XXX press totaled release adjusted EBITDA, EBITDA last to or our of EBITDA of other refer non-GAAP QX, sales adjusted For for
authorization. billion. expenditures. of shares, on of with On ending We with had $XXX repurchased operating million quarter $XX and $X.X remaining the current and quarter million balance cash million ended of approximately delivered $XX We worth capital flow million sheet, of million share the we liquidity the $XX repurchase cash $XXX our of
secured senior $XXX on the of million the million notes ending $X of market, notes at quarter purchased with par also We value open outstanding.
In excess the to options investments share second performance, quarter, primary put share in work pending to and the on cash to we focus as business will increase business. and debt ability price the our continue repurchases to
from to dilution repurchases, a we buy share shares stock continue For offset compensation to at back to expect minimum.
the store fleet, the XXX On ended first stores. quarter with we
we XX quarter, and stores. the remodeled one closed stores opened During new store, XX
the For year, plan XX closures. approximately investment XX and XX store we full to our remodels have new stores, increased rightsizes and updated deliver and
on total to rest we results. year, the the XXXX. had start strong QX Moving our for perspective, From record of company expectations to delivering fiscal a a
voice those and we product, last said control we experience. we in our executing are well As areas quarter, across believe in
in quarter expect we second For last million. growth compared XXXX calendar to pick for the or XXX quarter, benefit $XXX a week million QX quarter the XXrd up $XX to year back-to-school the as of due in sales the week expectation shift year-over-year second level to from QX points the includes this of a basis This XXXX around we compared net mid-teens peak year. the in
expect across currency. adverse and a impact regions brands from and slight growth foreign We
in We expect XXXX. XX% operating compared to of to margin range to the be in XX% X.X%
modest with gross And primarily the income. cotton to higher profit to level with some tax on expense We growth, we and the expect the margin year-over-year improvement of by in be continued a sensitive rate driven the year-over-year operating AUR rate effective leverage. expect rate jurisdictional mix an being mid-XXs benefits combined operating and
the year, quarter the full increasing are expectations from second and primarily the the on for the results our For we first quarter. actual outlook based
consistent half in implied are back given the the the in outlook We outlook levels March. leaving with
the X%. from increase sales billion, net approximately around expect previous of from We growth XX% the $X.X of outlook up XXXX of X% level an to
This week outlook an the include the impact million around XXrd of in continues to adverse loss XXXX. from of $XX
higher in XXXX in the be press XXrd loss the week from week sales in XXXX of rate the fourth first growth partially detail We We've by more on shift included a the the growth XXrd for and the year, to half to also due expect of XXXX. to expected and the the quarter in provide the compared of the release table quarter full comparative year. to impacts calendar and
For previous around XX%. operating to increase be margin, expect an the XX%, we around of outlook in
the improvement by gross offset costs. cotton combination profit selling year-over-year driven rate promotions from lower on expansion lower We expect clearance primarily AUR to of costs be freight slightly and expansion and by higher the
on operating expectations, some expect we half the first leverage will updated full contribute to now Based that expense also year margin.
to increase continue find to ways over to remainder year. of the funding expect Agile our the investments We to process use
million. XXs capital to mid- the $XXX in expenditures rate tax approximately effective an expect high of We and
up, of well to managed of our delivered continue strengthen foundation as it the there quarter progress strong financial company. another and results, we close To was inventory
hard We growth this we of in year. customers sustainable, us the position deliver have each summer season, of profitable brands work keeping believe plenty on track but for in deliver ahead, to is a selling to our our
we questions. Operator, for ready are now
