Good Miller, Vice morning our President; Jeff Financial Executive us. and and With Vice Officer; Chairman thank Sammy Wayne joining today Officer; are me Chief Nackman, our Aaron, Operating Goldfarb, Neal Chief you President. our and for
results which are pleased with our our third plan. We surpassed quarter
to for by positioned in outerwear. well a results wholesale in business good quarter in is for Our quarter a and sell double-digit our results are country. sales This fourth were our improved Overall, stores stores. our led increase in continue products we key our throughout own the as retail
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brand our sales Before I get from financial of up of to into I’d third performance. highlights like year’s our of recorded provide the last overview with XX%, quarter quarter business some third some million. third quarter $X,XXX Net first compared an a in level to million, $XXX were to detail, the
net last compared income $X.XX diluted of third was share $X.XX to XX% Our per the to year. in quarter a up a
better expected this with pleased than performance. We’re
strong showing projections. are the power near-term Each of year brands Given performance. our quarter increasing we a and our outlook, of full is good market-leading levels
consistent compelling Our ability reflected of our to differentiate brands. and establishment by and growth is create assortments numerous
Karl Lagerfeld from from department sales will lines quarter. across Calvin and doubled approximately share apparel equate third growing. our our brands accessories, of volume this also a channel The wholesale $X.X product and business of in decade remains Klein billion the ago, dominant store last after scratch nearly near Tommy become women’s still Hilfiger products has North last market and American year. in the that of quarter year’s are we doubling retail sales one Our year. starting reflect volume of strongest sales a represents to third this our
building believe than off to level greater businesses capable initiative DKNY growth is major recent good of Karan most a Donna uniquely the ever these achieved. to we Our and and are brands of relaunch We across and board they start. a
both overseas grow Our sales tremendous potential continue and Europe, wholesale basically here everywhere. in China, have businesses to to
for with be strong Calvin continued digit growth. is us. Hilfiger the Let to our growth high rate quarter for Klein was the me a color in give of Overall, little driver current you proving the momentum more single Tommy in business. quite on a business key
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and We will just double last year’s potential brand with there this getting growth. for tremendous remains we’re but volume, really started
the Bay and stores. and The are in low about comps progress having fine status United the Lord single Dillard’s, the & brand much our mid digits double excited improved Vilebrequin, U.S. a We’re of Taylor, department outside year. swimwear Year-to-date, is in up other digits States up
including retail Marcus, a and Neiman business, Nordstrom. deeper Saks strong top into our retailers specialty plans building Beyond include Bergdorf penetration tier Goodman,
of Rounding our will Calvin Hilfiger, continue Haan grow Marc outerwear licensed stores, We and all so Dockers, are our the including Levi’s, wholesale having our rest a our businesses, also develop our far. good Tommy Andrew network and out business. own to brands season develop online Cole distribution further Klein,
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Wilsons specialty own businesses where still be. Our they and while better, Bass, to are need not retail
our traffic administrative remain shed lower been working We’ve soft. lower better retail are gross expenses over hard and sourcing, and costs. and to and our efficiency to We store past merchandising margins. comps improving to and continue improve the locations with and year Even so,
plan, and even in decline Bass loss from operating focus discipline we to with Wilsons our greater $X store third on And year’s third our a last productivity. compared million quarter. slight cut and comp have We by
These are on this costs roughly XX%. be Karl gross year. closures should by the profit fiscal very stores. Bass this be January to quarter. been year at negative these four basis dollar These up stores disruptions includes expirations, We’re excess business. in This having conversions now of opened are positive four-wall success the poised cash by repurposing reduction good on contribution. of lease a locations or XXX to successful close On to a and represent are average, XXX which that up XX% We XXXX, we sales remain beginning had for locations flow and which Wilsons XX, roughly, some eight past plan one-third Lagerfeld, over the including on had stores tracking the to without
Regarding ecommerce, department product the we where sales online stores are very direct our businesses beneficiary well. of a
$XX We’re also update relationships we building online with At Karan and our and with now sales take the you the discrete same Andrew Donna in which pure include had Wilsons own Marc. to DKNY opportunity DKNY Karan retailers. our time, million sites, Karl ecommerce Vilebrequin, net our third working products businesses. have and I’ll play the minutes Bass, a few on of rest DKNY, Lagerfeld, our Donna of on in We quarter.
Our launches well. have gone
curve the other lines continue approximately of handbags to ready-to-wear XXX brand. in-store great doors, to learning fixture shoes soft to fixturing great help sales a shops locations. is have All and now have completed XX improve. will Macy’s and We doors top there We’ve and always, in tier locations As XXX ready-to-wear. each DKNY hard promote for of the in all handbags
As great through pleased we all giving know, generally to critical, store every locations, this real well is Macy’s estate with launch. product opportunity provided department within us door and success. business and has selling is we’re our the a Overall,
Lord to our PVH handbags For will Donna shipping & shipped portfolio, this ready-to-wear With be DKNY licensing licensee Donna our and and Karan, respect and to Taylor locations. XXX menswear approximately shoes spring. Dillard’s Karan we’ve DKNY
Estée In significant addition, we recently Lauder. license extended fragrance our
operations DKNY product making We progress and as China that our joint merchandising will venture with our we new Across serve in in of our design, for note, sourcing Karan with and organization, Emily last pleased early for our new shipping XXXX. DKNY are Ratajkowski brand Donna good are to the continue very excellence. demonstrate continue whole the face also year. At next to
mortar that are in path most great Neal success important turn We brands and at comments effective third product Despite to brick reserve whether stores with shipping online. and numbers to well-managed now for be for look the continue habits, closer resonates consumers. will over changing but a the sold the purchasing closing, will a product consumer to quarter. the call I and for few
