Strong SG&A leverage served as a counterbalance to the gross margin compression, reflecting discipline expense management across the organization.

Jul 24, 2025 / CFO / receipt, needs a key / Sudhanshu Srinivasanarayanan, CFO | earnings call 2025-07-24 | transcript 25ea85bd-83f6-4994-9ba5-a196b2e4c299 | chars 16917-17063 | segment 17