11 annotations
looks like you lowered it by about $0.25
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Transcript
2022 Q3
6 Jan 23
We are optimistic that inventories will gradually return to normalize levels as supply chain volatility diminishes
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Transcript
2022 Q3
5 Jan 23
Inventory was 1.78 billion, an increase of 45% or 549 million
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Transcript
2022 Q3
5 Jan 23
Selling expenses increased 23 million or 18%
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Transcript
2022 Q3
5 Jan 23
Third quarter gross margins decreased 280 basis points year-over-year 47.1% predominantly due to elevated freight costs as well as an unfavorable mix impact from higher distributor sales partially offset by improved pricing
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Transcript
2022 Q3
5 Jan 23
we experienced and continue to experience processing constraints at our distribution centers, leading to cost inefficiencies as we work to mitigate the impact of these disruptions on our customers.
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Transcript
2022 Q3
5 Jan 23
we launched new e commerce sites in Poland and Switzerland. And this month we launched our site in Japan.
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2022 Q3
5 Jan 23
in China, which was impacted by the temporary closures of just over 10% of our company owned stores, and Chile due to economic volatility.
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2022 Q3
5 Jan 23
wholesale sales were driven by increases in unit volume of 25%, and an average selling price per unit of 1%.
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2022 Q3
5 Jan 23
which includes China decreasing by 19% or a-not-so strong double digit 13% in constant currency.
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2022 Q3
5 Jan 23
freight costs are beginning to decline.
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Transcript
2022 Q3
5 Jan 23
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