afternoon, Andrew. you, Thank and Good you for us. joining thank everyone
followed I will and CFO, financial in detail. by call of all of second our some start thoughts around industry, events in with operating that, discuss Jim your After you then financial Haran, remain recent some I an will healthy. quarter hope and more safe So our results provide today’s highlights. performance our families and overview our
and of our partners. resilience and of dedication We also X months business are an presented demonstrates The all have living but period supply chain proves past unprecedented of challenge, agility, change. Xcel’s social period and through and extraordinary employees, a retail the
we closures platform out of we In of reflects first COVID-XX focus the from impact brand, wholesale move a store quarter have a our partners QX, environment. growth crisis. our retail team areas Longaberger and to That leverage of and with digital in this to in quarter licensing wellness new orders business. non-QVC forward launched While of tremendous showing potential performance that business worldwide, our opportunity as canceled widespread current and with this full said, our peer-to-peer we with to taken on strategic accelerate technology our experienced our this focus pandemic COVID-XX is financial March, core the products our this and the impact drive home
inventory brand, and cash and safeguarding We home exciting expenses, have and licenses conservation employees, added measures and with meaningfully we as significantly our some our as through Judith reducing sheet have and our license lounge focus XX new athleisure for apparel to our over wellness on agreements – well new all lines management. Ripka while our improving balance signed collaborations a
objective As stated came into this we it. emerge is crisis from to our before, I have stronger than
update I each give performance in financial on of like our our recovery distribution. and overview to would an provide to path of our major an Now, channels of
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rate recruited Longaberger while early, lifestyle sales growth is This the per over business. over metric past X,XXX and XXX% sales Our growth weeks. month for business, of we still rate average associates home an has this key over a X have and
our results current slightly Jim the will up and line second EBITDA the quarter the were environment more COVID-XX, While from for speak economic bottom were significantly later. on negatively year-over-year. quarter our non-GAAP by resulting earnings this for impacted
operations us by let channel. closer at Now, take a our look distribution
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and our April compared exceeded are respectively. in May We X% track. have believe by in and pre-COVID our back pre-COVID down on sales July that were sales we and June While plan, to QVC plan fully our XX%
we new that H including are fourth in well are this working Canada in We Australia are the on this environment, fall. current HSN quarter facemask, to a actively and line Italy, the and sleepwear develop working for more launching and and Halston channel QVC TBS with UK QVC in shopping products loungewear,
all in are solutions us our the our new flexibility of model our to In licensing of across retailers but we provide adjust continue portfolio here, the current react our environment. enables business, continue We develop to over manage non-QVC waters as faster to licenses brands. business XX and and to uncharted
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each have pandemic, gets We enacted have including slowly back stay-at-home been by our where clubs continued country the the and to business price and leaning openings from throughout who into policies monitor Walmart retailers are and possible. state as this open stayed
federal sales also pivoting spent significant time assistance we with of their well and as information on information have are possible sharing them sharing as new We each categories on programs. and with into assisting as our businesses efforts licensees where
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Walmart small handbags, our best-in-class design in footwear, has leather goods, confirmed as has this categories such licensees worked products launch As and that sleepwear fall. to develop will with team passion jewelry, such, and
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our XXXX. business with were excess growth I wholesale orders lost experienced strong we QX showing our said, XX% sales. book, our apparel plan order As resulted on based in our that stated canceled That for sales and deliveries in of previously
down dependent and be open We expect to stores economic results stabilize consumer as behaves in other QX optimistic continue QX. and be to the and about continue sales how factors. will to cautiously upon QX are
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our through did outstanding Ripka business e-commerce business is our last our managing crisis. job year. our XX% jewelry inventory Judith up jewelry this Finally, an team direct-to-consumer businesses, In over
digital collections are are launched momentum XXXX. new well as seeing working brand for Also, some this as our platform both and several launched We some we fall early sale. the peer-to-peer on through have new pandemic our exciting with and collaborations recruiting and new for great Longaberger
baskets. assortments include food product Our accessories, and home furnishings,
particularly extremely as presence social ourselves have in progress businesses to have exciting that reach and we distribution and all report styles. and we other forms stated continue like leverage through this, additional economies so In mentioned, our are we they hope with customers X,XXX I ways year peer-to-peer model positioned our will throughout our omni-channel platform this where previously we potential, to way can be conclusion to across approach, shows of very true as seeking our As now. shop. have able to on we recruited before, sales a We the in everywhere roll income. is people and the make significant jewelry over This selling
but excited This of to offering potential commerce industry. harness only I potential a also vertical our the have than wellness diversifies our not either supply the power our do categories, by a model social extremely Longaberger our faster model platform retail many partners flexible with capital of created We light us retail product gives and through that working commerce. can so platform. am technology home in the social to fee-based or highly wholesale integrated and peer-to-peer can our
Our people, are our strong our balance flexibility our and strength. brands, sheet our
events that we doing from stronger. are the everything possible through to so We it come COVID-XX emerge
Jim? call financial Now, over the half. like to turn I our review would the first quarter to for to the and Jim results
