And each region contributed to operating margin expansion this year, as discipline expense management enabled reinvestment in our key strategic priorities, supporting sustainable growth and long-term value creation.

May 21, 2026 / receipt, needs a key / Justin DiCicci, CFO | earnings call 2026-05-21 | transcript c19e0a97-18a1-4dab-9bf3-d116ce223eee | chars 14581-14796 | segment 14

And the store we opened recently flagship in Chengdu, which is also doing quite well. And then this is only about domestic consumption, right? So the other thing that's going to happen is we're going to see Chinese travelers wanting to shop our brand around the world. And we're in a much better position in terms of brand perception than we were three years ago. So I think we'll be able to benefit from that. And we're starting to see some of that in Southeast Asia and parts of Northeast Asia for our business.

Feb 9, 2023 / receipt, needs a key / Jane, other | earnings call 2023-02-09 | transcript 142b0eb5-84a9-45f0-bc91-e553f0594234 | chars 45939-46452 | segment 46

Although foreign tourist sales improved significantly to last year, they were still down more than 80% to LLY due to continued softness in international travel.

Nov 2, 2021 / receipt, needs a key / Jane Nielsen, COO and CFO | earnings call 2021-11-02 | transcript 0c4a292d-f798-4934-8f73-7fbb9b59f470 | chars 17633-17793 | segment 18

Team organizational structures and capabilities, enterprise-wide processes and new ways of working, our distribution center and corporate office footprint, our own DTC and wholesale door presence as we assess the role of each store within the ecosystem, all discretionary expenses, such as travel and sample costs, and lastly, our brand portfolio.

Aug 4, 2020 / receipt, needs a key / Jane, CFO | earnings call 2020-08-04 | transcript ccdd47bf-32b4-4df6-9dbd-ab4431f5e47e | chars 18156-18503 | segment 18

We reduced corporate expenses including a freeze on all global travel and hiring during the crisis.

May 27, 2020 / receipt, needs a key / Patrice Louvet, CEO | earnings call 2020-05-27 | transcript 08768652-1544-4630-b4d5-857167e7268c | chars 3709-3808 | segment 3

We've seen travel bookings deteriorate from the third to the fourth quarter.

Feb 4, 2020 / receipt, needs a key / Patrice, CEO | earnings call 2020-02-04 | transcript c8baa9cf-a188-4cba-bc8d-aff29d6a8d7e | chars 40461-40537 | segment 41