During the comparative 2024 quarter, the company decreased expenditures for sponsorship and endorsements and decreased expenditures for travel and entertainment. each largely as a consequence of the COVID-19 pandemic.

Feb 24, 2022 / CEO / receipt, needs a key / Rodney Sachs, CEO | earnings call 2022-02-24 | transcript 9cbf67db-e9f1-4407-92c9-7a24b1b9d4bf | chars 6039-6256 | segment 5

Early in March 2020, the company implemented global travel restrictions and work-from-home policies for employees who are able to work remotely.

Feb 25, 2021 / CEO / receipt, needs a key / Rodney Sachs, CEO | earnings call 2021-02-25 | transcript f863ecab-77ea-41c6-8bda-e9292e3d65d7 | chars 2537-2681 | segment 2

As a percentage of net sales, operating expenses for the 2020 third quarter were 22.3%, compared with 24.5% in the 2019 third quarter, primarily the result of decreased expenditures for sponsorships and endorsements of $14.1 million and decreased expenditures of $9.3 million for travel and entertainment expenses each largely as a consequence of the COVID-19 pandemic.

Nov 5, 2020 / CEO / receipt, needs a key / Rodney Sachs, CEO | earnings call 2020-11-05 | transcript 375f7176-fd13-4d07-804f-b8cfa563d839 | chars 5718-6087 | segment 5

As mentioned on our previous call, in early March 2020, we implemented global travel restrictions and work from home policies for employees who are able to work remotely.

Aug 4, 2020 / CEO / receipt, needs a key / Rodney Sachs, CEO | earnings call 2020-08-04 | transcript 08c98804-f4a7-4938-b8f5-f095ddc1edce | chars 3196-3366 | segment 2

Operating income was $407.3 million up from $379 million in the second quarter of 2019 due in part to lower sponsorship and endorsement costs of $19.8 million as well as lower travel and entertainment expenses of $10.1 million.

Aug 4, 2020 / CEO / receipt, needs a key / Rodney Sachs, CEO | earnings call 2020-08-04 | transcript 08c98804-f4a7-4938-b8f5-f095ddc1edce | chars 6478-6705 | segment 6

Early in March 2020, we implemented global travel restrictions and work-from-home policies for employees who are able to work remotely.

May 7, 2020 / CEO / receipt, needs a key / Rodney Sachs, CEO | earnings call 2020-05-07 | transcript 5d458829-eae6-4bee-8aab-4a731c356784 | chars 3759-3894 | segment 3