Demand was supported by both local consumers and regional travel flows, with Chinese consumers continuing to shop in nearby destinations across Asia.

Jul 30, 2026 / receipt, needs a key / Neil Bowden, CFO | earnings call 2026-07-30 | transcript 67a50351-9d9b-4a76-96fc-36638fd8e281 | chars 10349-10498 | segment 10

Store performance was impacted by softer traffic trends, particularly in EMEA, reflecting a more challenging macro environment and lower international travel.

Jul 30, 2026 / receipt, needs a key / Neil Bowden, CFO | earnings call 2026-07-30 | transcript 67a50351-9d9b-4a76-96fc-36638fd8e281 | chars 9153-9311 | segment 9

What we've done in 25 really created the blueprint for how we're going to execute in 26. you know, we do have expansion plans, I would say, increasing our presence in travel retail, particularly in the APAC region. And then in EMEA, we have, you know, investing more with influential partners.

May 21, 2025 / receipt, needs a key / Emily Coyle, other | earnings call 2025-05-21 | transcript 22b31ad7-989d-4d5f-ad68-f82de9bba86f | chars 39140-39433 | segment 41

Asia Pacific revenue grew 3%, mainly due to higher travel retail revenue in greater China, which is included in our wholesale business, partially offset by lower D2C in the region. And revenue in EMEA was down 17%, primarily due to a planned decrease in wholesale revenues.

Nov 7, 2024 / receipt, needs a key / Kerry, other | earnings call 2024-11-07 | transcript a3f282fd-eea0-48aa-bff0-bdfaac507365 | chars 22149-22422 | segment 22

While the North American and EMEA order books are smaller year over year as planned, There is improvement in both greater China and Korea as we deepen our wholesale relationships, especially in key travel retail locations such as Hainan Island and airports.

Nov 7, 2024 / receipt, needs a key / Kerry, other | earnings call 2024-11-07 | transcript a3f282fd-eea0-48aa-bff0-bdfaac507365 | chars 24484-24741 | segment 24

We've also introduced an updated travel tool and policy that helps our employees act like owners and take greater accountability for costs incurred.

Aug 1, 2024 / receipt, needs a key / Beth, CFO | earnings call 2024-08-01 | transcript d6f74686-9e09-4519-94fb-227b7e465c0f | chars 29082-29230 | segment 29

IMPROVE CHANNEL PRODUCTIVITY AND CAPITAL EFFICIENCY

ir_statement / Sep 15, 2026 / receipt

Opened four new stores, bringing total store count to 92 at the end of Q1 FY27

ir_statement / Sep 15, 2026 / receipt

Marketing spend as a % of revenue declined 490 basis points Y/Y

ir_statement / Sep 15, 2026 / receipt

SG&A expense decreased 21% Y/Y.

ir_statement / Sep 15, 2026 / receipt

Well-managed corporate expenses

ir_statement / Sep 15, 2026 / receipt

Executed term loan repricing, achieving a 50-basis point reduction in the credit spread

ir_statement / Sep 15, 2026 / receipt

Inventory dollars increased Y/Y reflecting an expanded product assortment, larger wholesale orderbook, and planned production growth to support anticipated demand for FW26

ir_statement / Sep 15, 2026 / receipt

Net debt1 increased Y/Y reflecting an increase in store lease liabilities

ir_statement / Sep 15, 2026 / receipt

Balancing investments in strategic channels with more efficient marketing and tight control of corporate costs

ir_statement / Sep 15, 2026 / receipt

Revenue growth is driven by pricing actions already implemented, increased depth in our product assortment, a larger wholesale order book, and new store openings, partially offset by lower consumer de

ir_statement / Sep 15, 2026 / receipt

SG&A declines as a percentage of revenue, as we balance disciplined cost management with targeted investments across channels, marketing, and technology, driving operating leverage on a consolidated b

ir_statement / Sep 15, 2026 / receipt

Disciplined headcount and tight discretionary controls

ir_statement / Sep 15, 2026 / receipt