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The earnings call summary shows strong sales growth and positive product development initiatives, but declining operating margins and unclear guidance on potential negative comps pose concerns. The Q&A reveals management's focus on growth and customer engagement, but also highlights uncertainties in EBIT margin and licensing impact. The balance of positive and negative factors suggests a neutral stock price reaction.
The earnings call indicates strong performance and positive guidance, with an 18.7% sales growth forecast and a significant increase in comparable sales. Despite a decline in operating margin, the optimistic sales and EPS guidance, along with strategic initiatives such as product sourcing and store improvements, suggest a positive outlook. Q&A insights highlight effective risk management and strategic focus, further supporting a positive sentiment. The company's proactive approach to tariffs and operational efficiency, coupled with growth in store openings, enhances the positive sentiment despite some guidance clarity issues.
The earnings call shows strong financial performance with increased sales, improved margins, and strong customer acquisition. Despite some challenges like tariffs and competitive pressures, the company is addressing these through strategic actions. Positive guidance and a focus on operational improvements further support a positive outlook. The lack of a share repurchase program and margin compression are minor negatives, but the overall sentiment is positive, suggesting a stock price increase of 2% to 8%.
All transcripts are sourced directly from the official live webcast or the company’s official investor relations website. We use the exact words spoken during the call with no paraphrasing of the core discussion.
Full verbatim transcripts are typically published within 4–12 hours after the call ends. Same-day availability is guaranteed for all S&P 500 and most mid-cap companies.
No material content is ever changed or summarized in the “Full Transcript” section. We only correct obvious spoken typos (e.g., “um”, “ah”, repeated 10 times”, or clear misspoken ticker symbols) and add speaker names/titles for readability. Every substantive sentence remains 100% as spoken.
When audio quality is poor or multiple speakers talk over each other, we mark the section instead of guessing. This ensures complete accuracy rather than introducing potential errors.
They are generated by a specialized financial-language model trained exclusively on 15+ years of earnings transcripts. The model extracts financial figures, guidance, and tone with 97%+ accuracy and is regularly validated against human analysts. The full raw transcript always remains available for verification.