everyone. Thanks, morning, John good and
pleased we COVID-XX quarter. the While our business, to the upward third in with trend are continues impact
returned basis. adjusted revenues to discussed, as efforts levels, and an John our sustainable expenses on Our to reduce operating profits in resulted
consumers business strength wholesale accelerated maintain core X% programs a quarter throughout pandemic. BOGS the the of spend increased during for as the We to time and XXXX. demand Our to more The reflects levels continue finished BOGS with outdoor our in year. fall inventory market opted significant third versus footwear business last in the outdoors BOGS increase
also as we and of more a increased growth, has decision component is the competitors business reception. and BOGS marketplace. the continue BOGS consumer balance to was This the our business excited will been a expect by it future in the see appear taken of more lifestyle-oriented has a opportunity key not some BOGS dependent there this shortage are the to lifestyle We inclement on While The of year casual weather. conservative as by throughout footwear; positive helped sales driven approach. trend as of have boots
our by This trend. U.S. the quarter, over a the BOGS was part and footwear online up third driven outdoor the worldwide. was in in XXX% business During XX% increase over
product consumer ability BOGS recognition the me. uncertainty although BOGS regarding its and However, remains we’re also the during choices believe beyond. XXXX in brands online indicates maintain we’re and excitement expenses that also the to the on – bullish expanded currently we pandemic, momentum of Excuse increased regarding growth
are been pressure category, and go product seeing to and both well we casual. are and This as as back we in percentage the expect under is their historically shoes pickup, legacy casual to a our as footwear delivered fall, business that social offices we brands, boot last until Regarding on activities while we quarter, resumed. casual product new dress work focused sport remain people higher some our has type discussed of more were in normal and casual,
brands, is casual also all We strong on and product are legacy performing well. boots seeing our across sell-throughs three
and on resonate lifestyles as clear years able product to Florsheim, retail accelerated with trend, were this becoming increasingly it brands this encouraged more Nunn Adams, have to well-known our are the pandemic We believe this trusted, brands the increase the reduce and we in product won’t our to customers’ We our stores foot for percentage focused to casual traffic. performance Stacy shows as were life Bush started was although we headed to the July, we that With the more footwear share consumers pivoting and dressier were area. pandemic very are direction in that reopening and see continue before segment, react quickly. casual, several we casual once maintain able products in respect toward expect our that retail while pipeline challenges while market to see now, that to already was we face normalizes. our increased, in stores because be to casual of continue of most with our revenues it strong
through we ship As growth quarter, month, the some of new move September. August fall shipments attribute as we and increased this seasonality in our to each product
volume. operating American profit in So, which significantly those experienced historically the revenues, have to in to we higher allow the pleased North see segment improved an Nevertheless, us wholesale quarter. months are show
for While is not accounts. XXXX, each getting robust major week our of filling as regular our most type business at-once we as orders are
U.S. our were quarter down terms third our XX%. of In sales retail segment,
was time However, during the our up period. XX% e-commerce same business
in three close As the to brick-and-mortar us indicated call, stores earlier the unprofitable this stores third country. U.S. quarter, decided in which in five leaves retail with we
committed our area the in this in reduction invest our the would e-commerce e-commerce to of sales. the our majority store vast see We With business of retail are represent and momentum base, platform. of
both business. for direct-to-consumer strategy grow U.S. our leverage brick-and-mortar to Our overseas potential digital to for continue is examining strength and reductions further our stores, of and in sales the our
U.S. stores; October sales quarter, business. start growth our were to strong, the anticipate in e-commerce the positive our worst given retail performing exit our from fourth we Our brick-and-mortar profitable renewed
in has subject Victoria Florsheim April been most October. and for by impacted our The the commerce non-essential and stores in last stores to are period located, in been of Our government prolonged week business the thus good be closed shutdowns where COVID-XX. news of far, were mandates many time of is Victoria, much reopened the between our country encouraging. sales that continues Australia, to to has overseas Due
XX%. in point growth our wholesale of Another high up business BOGS BOGS business. our Year-to-date, is is Australia the
XX% is business with in web Australia the of Our the also growth year. for strong quarter increase showing and for an
inventories dress our pace XXXX, inventories As which at excess casual of same year. at $XX.X six sell that all to paid compared our to believe dress in level inventory core product, We to to our versus is we last continues million the decision inventory such and bring three at September and expect months, products last better XX, despite in core remain appropriate year. to in relative decision our the a at but made time come slower we the in within off. down and next uncertainty sales. that April forward high the the $XX.X million is will product, be carry the has as boots, to
As bringing the where we’re by casual spring an products. on we are seeing were area conservative for XXXX, seasonal we these we but forecast is additional in being the inventory encouraged product, momentum
ability us balance successful to forward that this said retail we’re that landscape, our John our fortunate a consumer anticipate where take – the will As the necessary that actions fortunate questions. fast given We are balance earlier to over. to in open your would in allow in our year interest that benefit brands are evolving to ways taken believe concludes be our move strong we up call, Thanks has to Weyco our sheet pandemic the the will like I remarks. That we the preferences call And formal in at impact a pace. of is any now have Group. once changes for the this profitability we
