We lowered marketing and distribution costs and tightened overall expense management. Distribution expenses decreased in line with lower sales volumes, while marketing and other operating expenses declined through more disciplined, efficiency-focused spending.

Mar 19, 2026 / CFO / receipt, needs a key / Laura Coffey, CFO | earnings call 2026-03-19 | transcript 85f1ee9d-2e08-4c13-a0f6-c46eb9ba2059 | chars 9557-9817 | segment 9