and morning, Thank you, Cori, everyone. good
our start and of new Cori Corporate me VP Let Finance welcoming as by Relations. Investor
bottom line from our COVID-XX. presented during well by perspective XXXX from the and the issued held of this challenges first both, saw top release our worldwide morning, quarter up you business As the despite
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as the qualify for for and regulations. America; have In and these business, or employees North our temporarily receive Compensation significantly senior future. Board store reduced pay reduced operational team all they leadership businesses. with benefits. We've receiving as foreseeable distribution are local the centers for full continue other retail accordance In world, management reduced our parts essential Directors of employees our employees in kept been to hours in of we've furloughed
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share leverage purchases. revolving credit facility to announced, million, we and our previously ratios modified suspended As increased our $XXX
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continue playbook, offensive pillars; four we focus key product through our our clogs, visible Jibbitz. personalization technology comfort For and sandals, to plan on to
In addition, Crocs's significantly plan we our to work expand focus.
commercially in and product that can with leveraging high winners consumer invest orientated marketplace. high margins, promotional strong products will in value We deliver proven margin
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brand momentum successful the and during to our continue marketing upon XXXX supported execute XXXX. will We that incredible strategies
spend, we'll marketing impactful and consumer further affinity execute world. Crocs campaigns as strengthen brand reduced programs Even our the for around we to the
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healthcare work hard and turn to the to of results the I I phase over Crocs Anne, delivering also for and consumers such adversity. call importantly, strong Before commitment especially gratitude the be not want to serve possible my you and express entire would the those our thank more in to our perhaps to organization front-line I want community. without in distribution our centers, to
for These ahead look now Anne are more challenging forward to results and everyone. all our times us With healthier financial in that, for detail. we times review will
