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results which quarter, ROIC ago. our made the over In year moved the return a the reflects after trailing to tax double to XX.X% on is which we've briefly invested like up both to I'd our generate to investments XX-month reported first turn capital, our and Now, them. we operating XX.X% well
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in which takes specific $XXX operating In the added we'll reversal to terms estimate, year's year's the last million the return of and puts of reserve quarter, about over be comping income. last
beyond making far investments this year, hours when grew service we're ago, to outstanding than purposeful our deliver a labor and in stronger In year in-stocks store we addition, sales ensure expectations.
meaningful setting leverage, course, of possibilities to continued strong the In for and record year’s the this Of quite last line. performance more that all we'll half increase. growth back insight year that from of is growth top for year, comp on the continue as see given also range gain wide Putting progresses. benefit planning to we're sales together, expect we'll healthy on of we the
the single forward, top last to today, expect based positive and see half in on comps going of we year on year's As unprecedented recent results the our of of back digit confidence performance.
backdrop have following quarter, confidence the in in Regarding the year exceptionally our industry year. of full increasing half first we back margin an strong operating consumer and the rate,
As our has moved margin rate operating such, XXXX significantly higher. the for range outcomes of
headwinds believe We'll the So, higher. margin from business rates, historically little low our we rate full reach margin last that rates, our perhaps that's X% operating or we following deliver continue could anticipated rate despite specifically, throughout higher well a the is of year's believe year. to a X%. this over year positioned refine view to last year's year's rate More markdown operating
dozens the replenishment environment. changes, volatile new ahead importantly, still the they're they're of that'll be create on to environments flexibility to on than take allow fulfillment. of forecast it. the advantage unexpected ahead hundreds of us about of investments rest when year, Apple focused opportunity Rather investments stores, more and us single will both chain staying creating and contingency see agile support in all we number, what and the on remodels, shopping We're excited and As supply team the and placing to of bets to a looks planning, that continues to focused also Ulta growth a their new react
to performance over we're we've the opportunities more last is the return into growth few which Given seeing the product leaning over investments profitable high we're time. enable future today, made the years, eagerly of
business, are behalf the Before even our on to and shareholders team. value creating team Thanks a making of I stakeholders. goes what add P&L. for The all want Target we an I stronger in our turn it back measure Brian? company, to Brian, beyond over members to of each voice on thanks can my far communities, for our other
