Thank you, everyone. Julie, morning, and good
We strategic delivered underscoring our and of to excellent. earnings and customer-led, commitment our execution income four demonstrating operationally operating solid of obsessed, performance, digital and being product first another pillars, outstanding quarter
per performance outlook, and last exceeded by gross driven margin earnings year quarter and First management. share expense disciplined our
price customer remained was per gained all retail three For brands, full average and we share. sales market unit healthy. Spend up and year-over-year,
on XX% XXth celebrating of for its sales outstanding X.X% outsized positioned performance, of demonstrated Chico's growth. brand, anniversary, largest our Chico's, year. top continued We is comparable growth last believe posting
customer as from inventories through we Black trends White sales to due demand. declined House fashion improve sales while sold quarters continued Soma to strong prior quickly Market
for highlights quarter. Let me cover some the
operating XXX over $X.XX. led bottom meaningful expansion, points which XX% income improving over results. XX% year sales, income of last quarter gross Operating basis EPS year another diluted increased to of delivered to grew and last and We net line margin strong to
sales million stack increase of a together of powerful and sales comparable portfolio delivered total two-year $XXX Our XX%.
Chico's, solution-oriented Our responded as innovation brand, the led way customers to outfits. and largest complete building products,
sequential the XXX in quarter. of last and quarters four drove with year's year-over-year had last quarter first sales improving has over discipline and quarter. growth year's performance AUR comparable improvement double-digit Innovation Soma profitability basis points fourth over first
and to outperform for and bra strength offering overall indicating the panty long-term best-in-class the Our year, continued of last brand. power
a House fashion complete comparable responded building White our X% Market fabric, Black basis. fell in were two-year during down selling Customers on XX% inventory and quickly quarter. up newness stack and sales our innovation the levels to fashion outfits,
more half early have drive with fall, a by should inventory line We in demand expect which back to trend change.
continued brands [Circana], fastest-growing Market household incomes market last this gain as in the to customers the apparel over White Our take for was House XX over According XX brand to market share well. months, key and Chico's Black with share. $XXX,XXX during
During the gained Soma $XXX,XXX. with over market household same over customers period, share incomes XX with
marketing targeted customers products, programs, and brands. our build Innovative impactful to more our loyalty
has meaningfully and fashion health This digits same count count Over the focused the indicating a total marketing rather brand. for since opportunity all customer our was customer multichannel pricing months, increased long-term up, of newness and demonstrating innovation brands than and file, is on customer spend across customer and XXXX, per prior that per were mid-single a up quality customer customer each spend and value. and XX
of customer-facing returning $XX quarter. debt quarter We with the the entering strengthened $XX inventory X%, and million after through in million up balance with our second We ended sheet, nearly cash well repaying further to the shareholders share million positioned ending quarter repurchases. $XXX
first our quarter you strategic results. pillars Let update brief how on of me give a drove each
long-term our platforms. customers with growth customer-led, are through powerful We and connecting driving three
driving and loyalty. sales they where are product, and enthusiasm, experts showcase centers, stores their our and our and community brand bra physical stylists knowledge Our share
brands Digital hub expertly connect our growth both our and to and first of social our brands, often the drive is customers stylists our can product the and for offering impression within channels.
Spend For the first count months per X%, was multichannel customer X%. the customer ended health quarter, demonstrating our customer up XX count X%, and grew grew with of the the overall brands.
to a of files our each more We customers coming reactivated within shopped very customer also and not our demand engage that have active This XX a are back pipeline with months for means the to significant us for segment in number of have that with. us brands.
programs, summer, rates. and continued last redemption customer we sentiment to launched exceed expectations Our loyalty in
Soma pipeline We are inspire and White product best-in-class innovation House and continual customers, confidence focused beautiful obsessed, on Black a Chico's, that joy. and delivering of merchandise Market our offering to elevated solutions
sizes this of basket is lower promotional bigger AUR. and activity, selling, delivering All more higher price full
all and respond and continued product are Customers paying solutions. for our products, to fashion and that brands, value customers are to higher quality, they At demonstrating innovation to elevated brand solution-oriented the and three appreciate moving receptive enhancements forward.
and new tops our and increases her through to toe comfort looks our dresses, and completing customers attracting wrinkle-free newness Customers and to with fit, Chico's, fashion, responded innovation solutions. travelers right collection. head fabric. in and Zenergy proportions on product are revenue focused bottoms At in with driving expanded including Easycare, climate we new She
in casual published fabrics proportions for fluid with paired House and footing, jackets White Black customers AV our bottoms, to At in Market, new responded both and tops and look. layering newness bottoms
Our fashion customers our offerings. favorably to responded
fact, the sold in during through So quarter. much of our well, inventory we fashion
sizes. Bodify panties. drove a of of goal sales range categories second Soma, complete At included rebalance are and half enhancing offering our and the of cup to fashion year. by wider expanded And these launch with expanded year. bra assortments the This that our ahead of panty in and last and responded the bra to the the unlined customers newness We our bras collections stretch and Vanishing lace including
we due lower year. inventory, at healthier to had declined sleepwear of this of levels sales margins Soma While markdown significantly
We are digital-first, deliver channels technology to and leveraging to across and engage customers brands. our
XX% company represented total of digital revenues. sales months, XX last the For
than White was two up count House Market trailing customers was Soma. three Over are Market; months, X%; Chico's years up total X%; was by Soma Black White Black and customers XX we existing and new at to our was X%. at The years years Chico's; younger the XX customer at down House attracting brands X%; are up
touch Connect and across app, point, and our customized including digital to MyCloset Each brands. rewards tool, the Style solutions mobile styling build our customer inspires digital find and
our than to our drive we'll more digital leverage the continue We customers, customer. tools enhance customer engagement, to grow spend program single-channel multichannel and Xx loyalty
enhance customizing areas service. best-in-class product as providing customer customers allow management. enhancing to attribution marketing, by recommendations, personalization and serve and experience and will digital continue our We to user our better This search, order such us digital
excellent, line. our managing real sales, delivering cost are chain, operationally finally, focusing cash constantly strong bottom supply estate, And healthy diligently on a and we generating flow inventory, and expenses
we sourcing, areas. expenses outstanding and lower logistics driven For AURs, operational in had by the work and gross performance and higher reduce freight and our we margin quarter, drive efficiencies to continually
Now I'll financial the turn to update our to PJ call you over on performance. PJ?
