morning, everyone. good and Mark, you, Thank
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our enabling cash significantly significant us During generated QX, to levels. we flow, reduce debt
of to from pay Our capitalize and quarter, the revolver to million of $XXX lower $XX be our position our end on $XXX XXXX, the revolver further the cash focus and borrowings were debt we at balance, our reduce additional million year-end, million at retired In and overall down bonds. would down rebuild opportunities third remaining leverage.
my to as first, committed today, remain repositioning X will our today, comments allocation to moment.
To great you to I Kohl's capital with during Jill We shareholders will made also returning XXXX. priorities in capital our discuss want through overall dividend. we leave in heard a things: progress summarize you
efforts of the the store Our enhance experience increase and relevance our assortment.
across Collectively, positioned We inventories. also and enterprise, embedded us our manage new beyond. allowing effectively disciplines have actions the and improved XXXX these for processes company in to sales
incremental our in have to several years Gifting Impulse. set have place we coming through and on initiatives Sephora, growth compelling sights Baby Home, Second, deliver sales and in Gear, the
and simplified improve greater our also apparel assortments product and performance will We more relevance the of footwear through pricing.
gross to generation, to and And leverage. third, through cash driving drive XXXX, overall strengthening year manage are provide expect us In further which we we will sheet another solid tightly reduce profitability expenses, our of flow. in cash expansion, debt margin flow resulting will to and further opportunities strong our committed we balance and
I the hope forward I want stores thank those more XXXX that efforts the efforts for the across to accomplished associates look to beyond. get we've listening to come fruition a place. work and of our I organization our and of is to to great visit chance of what proud taking our business. to in will in Kohl's all of today see I all XXXX, am reposition seeing incredibly their
year to and I the fourth XXXX. turn full Jill for over and will XXXX results now outlook quarter our to discuss call
