Reports Q3 revenue $996M, consensus $961.47M. “Our Q3 performance was driven by disciplined execution against our brand strategies, as well as greater product and go-to-market innovation. The strength of our profitability and cash flow enabled us to repurchase 2.4 million of our outstanding shares and pay down $63M of debt during the quarter, both fundamental levers of our value creation model. While our results came in ahead of expectations, we believe both of our brands have greater potential, and are working to re-gain momentum in the marketplace,” said CEO Andrew Rees. “As we look forward, in addition to the $50M of gross cost savings in 2025, we have identified an incremental $100M of gross cost savings, and are committed to driving operating leverage in 2026.”
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