Timothy P. Boyle
Christian. thanks this better all income record to results than for and Welcome operating Thanks, We're and with levels. everyone pleased us first gross afternoon. joining expected margin report revenue, quarter at
new On Christian quarter, for on mentioned, X% are basis XX%. As a based comments currency a the net on my adjusting basis, results. sales the non-GAAP reported revenue standards. largely revenue constant accounting impact of increased for Non-GAAP favorable increased
In addition, the healthy our advance we XXXX and executing orders It growth is drivers of we're for geographies, the brands. for accelerate across are priorities, our strategic us allowing our on our discipline which increases the share in to balance are year. seeing for our with market continued Fall across region that confidence business capture
and improve As capabilities priorities experience operations, our drive increased and optimize and of across portfolio and systems; geographies; in creation in processes and global a through awareness people supporting growth consumer organization direct-to-consumer reminder, of all brands. our brand expand our strategic enhance investments; and sales demand and are: global our focused our channels digital with invest four
sales our growth on are XXXX joint the out potential business the to the The China. XX% margin. venture's venture buy Reported Our double-digit of in China low remaining in $XXX totaled generating approximately investing low areas focus driven teens joint strategic to expected XXXX. highest achieve sales in in decision growth for has operating in million, our interest
locations China. in the XX As venture of December XX, operated XXXX, store joint retail
XXX websites its approximately multiple approximately relationships Columbia-branded XX distribution wholesale that through brand-specific with sells In in addition, dealers across e-commerce the operate has China platforms retail products venture locations. joint and
to in continue included as Columbia will in brand partner distributor operate investments the Future Hong continued Macau. exclusive long-term plans building Columbia Swire independent China. Kong in the Resources Sportswear and of Our
continue also to will locations direct, invest We in and and dealer-operated retail e-commerce.
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quarter in revenue growth grew reported international domestic currency not sales to accounting constant XX% increased standards, the Adjusting of Our limited new X% international a with basis, On currency. year-over-year X%. business. our revenue successes constant were for
markets, remains sales wholesale business quarter, EMEA standout XX% Our growth the currency constant with a DTC. driven by our in international for and of
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comparable increased Excluding balance an a $XX.X by decrease million driven sheet reclassification, X%. inventories
strong, quarter. million, cash $XXX first balances the with Our balance remains a at sheet extremely exiting record
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Our were on digital, home, print, series media, presence. out social marketing an and and always-on to TV, channels focused of that quarter the efforts campaigns, consumers expose new a across regularly digital stories marketing maintain micro-campaigns updated of email, to are across includes global in consistent, that
course our with rolled Columbia how including the group that partnered out of crystal-clear of instructions we in and The deflector of to putting technology new the waters step-by-step the PFG Belize team fishing Omni-Shade fishermen the explore PFG film, Columbia, Over programs Badfish called quarter, make sun to an on test. emphasize the elite our the ultimate to provide business. initiative an best innovative of
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We initiatives meaningful that benefits to to us we see value can are generate capture recent more increasing confidence the beginning these from XXXX. and financial financial progress gives in
our to provide want I Finally, about for expectations XXXX. a little color updated
resulting we During of continued the half first all our and that DTC second growth. our should expect completed and in quarter, book course the with order-taking with the XXXX When of process Fall from we show both the our pleased half wholesale first business, the combined are order XXXX composition the of brands. with solid of strength the revenue growth
X%. anticipates up X.X% guidance revenue growth, Our XXXX non-GAAP now prior to outlook X% from for to X.X% our
expectations stronger to approximately priorities we an multi-channel of to Columbia, We investments margin expect drive operating have net and with the of XX continue our to solid and will profitability, through top chosen to In to the shareholders of expansion of of demand expect sales. form sound line light non-GAAP ahead. teammates enhancements geographic non-GAAP our plan, $XX increase expand operating in to a accelerate points believe we to up in be level weighted to growth, the that strategic second our and SOREL our total accelerated our for on the creation, all of margin capabilities foundation approximately combination income XX.X% that our XX year, multi-brand, investment will million our growth, strategic global emphasis priorities now in years driven including digital return The continue initiative. our in the by of timing around our to We strategic year. the half business, world our the XX% brands, prAna by the to XX% Together, regions. and of four basis
available Jim's, on coordinate more Operator, concludes outlook You us can CFO could questions? remarks. in That find prepared you commentary QX help financial XXXX our our results details on our my to website. and
