In response to our top-line performance, we remain committed to exercising strong discipline with both our promotional strategies and expense management.

Feb 6, 2024 / CEO / receipt, needs a key / Satish Malhotra, CEO | earnings call 2024-02-06 | transcript e4e0a991-1eb2-4e2f-b650-fc50901344f1 | chars 5454-5607 | segment 5

Additionally, our discovery categories are also performing strongly, with on-the-go travel solutions and home fragrances achieving double-digit growth in comparable sales relative to the third quarter of last year.

Feb 6, 2024 / CEO / receipt, needs a key / Satish Malhotra, CEO | earnings call 2024-02-06 | transcript e4e0a991-1eb2-4e2f-b650-fc50901344f1 | chars 4099-4313 | segment 4

As we discussed on our last call, we expected a challenging quarter on consumer spending, impacted by long-term inflationary pressures, substantially increased interest rates, and overall market uncertainty. And that is essentially what we saw, a continued year-over-year decline in our customer traffic and fewer units being purchased by them, especially in our core and more value-oriented categories. The monthly cadence of our sales declines was steepest in July, which we primarily attribute to customer distraction with summer travel.

Oct 31, 2023 / CEO / receipt, needs a key / Satish Malhotra, CEO | earnings call 2023-10-31 | transcript 815eff70-648d-42f3-abd8-61cab71af3e9 | chars 2584-3124 | segment 2

In light of our customers traveling this summer, we gave new life to our travel and on-the-go category with brands like CalPak, Rainz, and Thule. These products are both functional with a fresh aesthetic and include carry-on luggage, duffel bags, laptop backpacks, and belt bags, all of which are exceeding expectations.

Aug 1, 2023 / CEO / receipt, needs a key / Satish Malhotra, CEO | earnings call 2023-08-01 | transcript 4ca071e9-da14-40d8-b8bc-ff260f5091dc | chars 3789-4109 | segment 3

The Cadence travel system will be exclusive to us and features customizable, magnetic, and leak-proof capsules to store personal care products in.

May 16, 2023 / CEO / receipt, needs a key / Satish Malhotra, CEO | earnings call 2023-05-16 | transcript 5086bc53-851f-4520-9b6c-8cd2639e511b | chars 10808-10954 | segment 10

We will remain diligent with our expense management while continuing to invest in our strategic initiatives, including new store growth and infrastructure investments focused on strengthening our foundation and enhancing our capabilities for the future.

Feb 7, 2023 / CEO / receipt, needs a key / Satish Malhotra, CEO | earnings call 2023-02-07 | transcript d8cf9dd4-04b7-480d-9a15-b76f1b2bdc55 | chars 5639-5892 | segment 5

During the second quarter, we created a captivating kitchen gadget wall, reduced our travel and gift wrap departments, while bolstering our closet department.

Nov 2, 2021 / CEO / receipt, needs a key / Satish Malhotra, CEO | earnings call 2021-11-02 | transcript 3b1d7b01-f65c-424b-a5bf-f37a28411146 | chars 6511-6669 | segment 6