General and administrative expenses decreased $3.5 million to $16.4 million in Q3, an 18% decline year over year, primarily due to a decrease in fixed labor costs driven by reduced headcount, lower variable labor costs, on lower sales volume, as well as lower equity-based compensation expense, reduced insurance costs, and lower travel, supplies, and other discretionary expenses, all the result of our ongoing cost control initiatives.

Nov 12, 2025 / receipt, needs a key / Heidi Crane, CFO | earnings call 2025-11-12 | transcript 15a79e0f-c6b9-4ec9-8b05-a901b02b6245 | chars 19159-19596 | segment 18

General and administrative expenses decreased $3.9 million to $17.5 million in Q2, an 18% decline year over year, primarily due to a decrease in fixed labor costs driven by reduced headcount, lower variable labor costs on lower sales volumes, as well as lower equity-based compensation expense and lower travel, supplies, and insurance costs.

Aug 13, 2025 / receipt, needs a key / Crystal Lanson, CEO | earnings call 2025-08-13 | transcript cebd3c33-430a-4122-be94-ecaaa2b26137 | chars 18010-18352 | segment 17

Cost of revenue decreased in the thirteen weeks ended June 28 , 2026 by $9.7 million, or 22%, compared to the same period of the prior year, primarily driven by reduced sales volume in addition to freight cost savings due to improved shipping rates .

filing / Aug 12, 2026 / receipt

Gross profit decreased in the thirteen weeks ended June 28 , 2026 by $4.0 million, or 11%, compared to the same period of the prior year even though revenues declined by 17%, reflecting the improvement in gross margins to 48.6% versus 45.3% in the prior year from a mix shift to higher margin products combined with freight cost savings due to improved shipping rates .

filing / Aug 12, 2026 / receipt

Cost of revenue decreased in the thirteen weeks ended March 29, 2026 by $6.7 million, or 18% compared to the same period of the prior year, primarily driven by reduced sales volume in addition to freight cost savings due to improved shipping rates .

filing / May 13, 2026 / receipt

versus 40% in the prior year from a mix shift to higher margin products combined with freight cost savings due to improved shipping rates .

filing / May 13, 2026 / receipt

Crane’s employment as permanent Chief Financial Officer and unrelated severance expenses. Free Cash Flow Free Cash Flow is a non-GAAP financial measure that we calculate as net cash provided by operating activities less cash used for capitalized software development costs and purchases of property and equipment.

filing / May 13, 2026 / receipt