afternoon, and an next the everyone. and to be honor here, CEO. Thank Riley, Warehouse team you, I'm good lead to the excited It's Sportsman's as
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our Sales by the above Looking now at sports for led shooting came our category. in results. hunting QX quarter expectation and our stated
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October, early which our beat contributor events sales in of our world key in resulted In unfortunate improvements shooting was category, expectations. to sports a
that the are critical faced important. doubt been has It in some areas is careful navigate of to the current and adjust company short-term carefully key While the business no execution more challenges, we with never on the the we environment.
at in to during great business a team the progress is that key is success successful position each quarter, our The for a objective job results. our further Our did significant made of high level the which To third on initiatives. the QX areas, a at we executing of reflected short-term future. end,
priorities. management, holiday areas I'm of closeout inventory; execution apparel of control successful year. customers our business: a specifically fiscal omnichannel measures; the and allocation This along going focused, reduction further cost the a and with capital the following includes team, to footwear the on be and of e-commerce; with positive providing experience and on the reduction shopping inventory and
the team action During to third areas these of address quarter, achieved. took swift each with results the meaningful
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total quarter, we approximately last that improving pleased million am total versus $XX our I paid and during debt our inventory the reduced by our liquidity. quarter, down
inventory and refine our locally our to to order range plans assortment leverage wide of our our locations continue deep how manage in in and seasonally of keep across relevant. will We brands strength we omnichannel
build to and in the experience deepen processes, continue goal key brand our with is refining stronger invest vendors our overall loyalty. customer and Our partnerships improve better tools to
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Third, I to our am they business costs for in swiftly SG&A regards trends. to reacted our the current team how to proud cost of rightsize efforts, reduction
look changes return invest a business, continue are am value-add proud and measurable I closely providing of service investment. to they employees will reduce to in on We areas and to customers. that difficult further continued only our manage these our for passionate reacted where for expenses can areas how provide and the we
XX, allocation capital final Tucson, opened for South On fourth, And priorities. we in XXXX our November store Arizona.
consider allocation its on we and sales. stores, forward our As impact review we conditions capital look and on macroeconomic our the current priorities new
fiscal not the any XXXX. decision to conditions, we new made these stores open Given during
think of growth allows as for store open opportunity space size believe openings significant growth I meaningful long-term with leaves flexibility, I plans. the Sportsman's space stores in our store coupled competitive cannot, for that store significant us country. our to about distinct piece available, which new a in-development the I areas white see provides the new simply across our significant a future do Warehouse, This, competitors However, us with white and advantage. unique as
swiftly Sportsman's our demands of business our excited as adjust, I to of current but refine carefully Warehouse, we part passionate the at customer. and am be adapt truly
continue critical the processes, the As of people and we efficiency successfully internal have and all place business that support it's systems, effectiveness my foundational the serve. firmly our and review to our and of stores I in customers we the pieces
and time associates operations is spent years our critical. spending the nearly Fortune retailer, our XX One stores and Having overseeing meeting in stores, with in with customers
the analysts I'm The we shareholder our shareholders have here strategy on excited an company I and the We a strong, company year-end us long-term and for call the lead make will to necessary Sportsman's through to of be grow next this to is very our evolution in March, provide short- our growth. unique to I firmly earnings Warehouse. and and of believe increase update will improvements opportunity. value.
On and company foundation
the With that, over I'll Jeff. to turn call
