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women's dresses, where we registered our best ever Q2 sales and men's woven shirts
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2022 Q2
7 Sep 22
Outside of these trending categories our customers were searching for and responding to promotions.
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2022 Q2
7 Sep 22
seeing some nicer trends here more broadly over the last couple of weeks
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2022 Q2
7 Sep 22
Hollister progression is really the progression you've been hearing out in news at this point, fall-off in that June into July period
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2022 Q2
7 Sep 22
we have reduced have reduced receipts for Q4, receipts for Q1 and Q2 of the next year.
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2022 Q2
7 Sep 22
with a limited amount of money to spend, they are making very judicious decisions
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2022 Q2
7 Sep 22
the business softened specifically in Hollister there in Q2 and that June, July time period
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2022 Q2
7 Sep 22
Hollister business soften a little bit, like many others, we've heard that kind of back of June into July, we saw the same exact trend here, specifically in the Hollister business
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2022 Q2
7 Sep 22
Q2, we saw the best Q2 ever in Hollister dresses as well as Abercrombie
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2022 Q2
7 Sep 22
As we got into August, though, he and she started buying more tops
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2022 Q2
7 Sep 22
We're seeing the consumer come in and be very judicious on their spending.
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2022 Q2
7 Sep 22
we have honestly seen and a quick, quick shift out of bottoms and into tops during Q2 and dresses particularly
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2022 Q2
7 Sep 22
Looking ahead, we expect to see total year-over-year inventory growth moderate in Q3 and approach 2021 levels in Q4 as we lap all late receipts from last year.
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2022 Q2
7 Sep 22
We will utilize markdowns as necessary to ensure the remaining inventory turns appropriately.
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2022 Q2
7 Sep 22
we expect to continue to leverage markdowns in Q3 to keep seasonal items turning.
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2022 Q2
7 Sep 22
Hollister inventory as is slightly more elevated than we would like, reflecting the falloff experienced in late June
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2022 Q2
7 Sep 22
We expect year-over-year inventory growth to peak in Q2 and moderate significantly in Q3 and Q4
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2022 Q2
7 Sep 22
the final piece of the total increase is higher year-over-year product costs, which contributed 8 points.
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2022 Q2
7 Sep 22
Of a 70% increase, in trans inventory was the largest driver, up $140 million or 130% to last year, contributing 30 points of the total increase as we lapped significant product delays.
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2022 Q2
7 Sep 22
Q2 2021 inventory marked a decade plus low due to freight delays in our exposure to Vietnam production
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2022 Q2
7 Sep 22