Net sales grew 3% year-over-year to $1.25 billion, driven by new stores, while comparable store sales declined 2.1%. Gross margin rose to 48.2% due to a one-time $56.2 million tariff refund, and net income increased 51.7% to $95.9 million. Liquidity and capital allocation remain strong.Original doc…
Net sales grew 3% year-over-year to $1.25 billion, driven by new stores, while comparable store sales declined 2.1%. Gross margin rose to 48.2% due to a one-time $56.2 million tariff refund, and net income increased 51.7% to $95.9 million. Liquidity and capital allocation remain strong.
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