and Thank good you, afternoon everyone. Diane,
by earnings amortization share diluted $X.XX, third October transaction For financing delivered the acquisition, our including the driven of from expense with trademark the $X.XX per quarter 'XX interest Vionic dilution of we quarter, expense. in and adjusted associated
$X.XX reported including our for related Malibu acquisitions. the Vionic moment Allen and I through share related was these to walk quarter, you to $X.XX Edmonds, would of earnings each a take per share acquisition Blowfish per Our to like expenses.
on announced of in Port only is Washington in For St. Tennessee of our Allen Edmonds, our plan distribution the remaining quarter. integration completed is quarter from The transition our consumer the center this we planned of facility, which the fourth their to previously item the activities year. Lebanon, facing third transition to Louis
And Through expenses inventory costs. of months these items caleres.com. these for a of second the found cost can be in acquired year breakout inventory we which cost acquisition Malibu, adjustment provided the costs. X.X% quarter, at related adjustment share had to other and up Blowfish amortization were year-over-year. first earnings and $X.XX slides the we We've per amortization diluted nine of adjusted For were Vionic, in the earnings
same we per and is $X.XX expense, of was through. activities reported just the associated earnings Our the walk share period acquisition-related $X.XX most that in which included with of
for of week X.X% down the sales shift comp total year. prior of $XXX.X of one the as sales Famous into flat third third were quarter the in year. At million were our quarter million the this up year quarter, Our where the versus $XXX.X of the X.X% versus of sales with quarter consolidated Footwear, third expected last sales Famous were second back-to-school of
year-over-year. We doors also XX operated fewer
were excluding of acquisition. up X.X% For brand and sales this including million portfolio, third Vionic $XXX.X up quarter X.X%,
with and sales billion single-digit up year-to-date up flat, consolidated were XXXX $X.X sales $X.X versus line year-to-date X.X% Famous same-store Our guidance. essentially low were while in sales of XXXX. of billion annual Footwear were our X.X%
of last Vionic. brand were sales $XXX.X same X.X% the portfolio, ahead of year, For period million including
Excluding brand up year-to acquisition, portfolio, date. were in X.X% this sales
the turn which million quarter, down and Let's amortization in X% nearly in cost. inventory at to third profit, due year-over-year, to $XXX.X million the Vionic adjustment came blowfish part of in $X gross
implications was basis margin adjustment strength growth inventory basis, in million including the cost in brand gross approximately pertaining gross blowfish On the our of primarily of and adjusted e-commerce for our amortization million portfolio. a profit up down $X.X continued XX.X% of Our points, our slightly, to due Vionic. year-to-date was XX quarter $XXX.X to, mix of
came sales basis in months in margin growth nine gross to approximately our our e-commerce XX.X%, again Our first year the XX adjusted points, brand the at of the of portfolio. strength primarily down and due for related
to share get expense earnings per we due be third comparable to the in like XXXX would does of the again quarter standards. to it other from the net income accounting accounting operating which in shift standard adoption a or quarter effective statement, SG&A plan third with of order to to $X.X year, but geography expense, XXXX required into the our retirement operating remind Before and impact million below everyone impact of of I once no pension the XXXX income this profit earnings standard, income is including earnings margin. There new
quarter year-to-date nearly improvement distribution XX basis, and sales, of SG&A third $XX for of a or approximately an points was XX portfolio Our of basis On basis points of year-over-year. third million was expense brand increase $XXX.X of sales, quarter an of expense represented XXXX. SG&A the $XXX.X XX.X% including million XX.X% expense of improvement and in the million an XXXX versus year-over-year,
process amortization to Our depreciation the see the in our would million trademark million versus accounting recognized finalizing in with we trademark non-cash acquisition. period of but Vionic requirements, associated Vionic the X% $XX we the quarter, the annually. $XX.X quarter We're was same million And approximately in in $XXX expect currently XXXX. forward, of going amortization purchase down of and of amortization third
the of approximately were adjusted. quarter reported in points operating $XX.X year-over-year. operating basis third X.X% on basis on reported $XX.X delivered XXX basis, earnings Our margin and a million million a We down
basis X% Famous XX of year-over-year. XXX earnings points quarter At operating margin operating basis was X.X% margin of operating third footwear, adjustment in While points. million, was the while were $XX.X approximately down down
our quarter, basis, operating business margin have rate year-to-date margin basis X.X% more the and famous third and we was for points to did during the impact these competitive On five a drive actions on quarter. attract of an third up year-over-year. customers approximately mentioned, Diane remain As
in of operating brand. the basis third was were For points and quarter brand portfolio, up every margin XXX over including million quarter adjusted the more than contribution virtually of operating of distribution $XX.X bring with third earnings up X% XXXX, our associated points Adjusted the operating adjusted from nearly the XX% incremental impacts results adjusted approximately to was Year-to-date, decision earlier. mentioned down year-over-year, I were brand expense approximately $XX.X margin fulfillment down the with while versus prior million operating include period. XX of in-house. the The X% portfolio earnings basis
was X% up expense year last which million, the quarter was net to due quarter approximately for acquisition. Our of versus Vionic third interest third $X.X the
with we incremental we forward While year-over-year pay this expect been over cash next interest revolver from operations, the the going expense balance years down paid-off. two to until has see will
GAAP tax XXX of Our for on XX.X% was reduction quarter the basis XXXX points basis, rate versus than the a XX.X%. a of third rate more third quarter
non-GAAP we For our approximately expect tax the full XX%. year, to rate be
expenditures sign credit in we million have $XXX our in and were borrowings third and million the flat and the million flexibility year-to-date, were capital year-over-year. our balance facility. $XX.X Thanks strength of Vionic to able our October quarter $XX.X outstanding on close of to Our revolving and acquisition sheet, on essentially
our on year. ended balance up We equivalents with $XX third $XX.X versus last sheet, nearly million and also quarter the million cash of
position million, new Blowfish to million and businesses. nearly quarter consolidated was $XXX.X including inventory of Our Vionic related $XX at inventory end our
these brands actively real-estate our called primarily managing inventory Famous manage inventories base, our the earlier. was overall At year-over-year. sheet, year-over-year, essentially a flat in has continue team balance levels great we for Diane job and up are our Footwear, shape XX% to Overall, that and are brand done portfolio investment approximately Excluding acquisitions, out portfolio. the great including
quarter national at For doors, Footwear third XXX us retail we larger closed brand brand ended XX Famous year. with one door, the quarter of fewer Famous with third than Footwear, X,XXX last total portfolio, portfolio At the leaving quarter-end. doors we
capital. approximately invested third XXX was our points highlights year. XX-month on capital in This return same and the of quarter a return overall XX.X% decrease in the over up the invested trailing adjusted last XX-month basis on invested period increase trailing Our in EBITDA capital our
review Q&A, guidance Before to fiscal in I'd our detail. XXXX we begin more like
For digits. up up with to net consolidated acquisitions, sales sales, high brand we Famous Footwear single portfolio billion including approximately same-store single are $X.XX digits and increasing sales sales, low our
expected Our interest expense be to $XX the of the approximately with addition million. acquisition Vionic is
is rate $X.XX, of we including and interest tax basis, approximately effective $X.XX XX%, share share dilution per expect adjusted Our expected by driven of and related Vionic, on $X.XX additional an amortization to be expense. diluted earnings and approximately to between per
and found of openings closings, caleres.com. guidance be a as includes usual available these number earnings the Our at store and on details slides can
As million turn famous included with our the have over week, XXXX a a footwear would $X.X increased portfolio million material and which reminder, I operator sales by brand $XX.X call on And XXXX that, XX sales to to back but by for impact like earnings. the questions.
