Bank Agreement Extension
Secured an amendment and extension of the bank agreement through 2027, providing financial flexibility to focus on sales-driving initiatives and execute the turnaround strategy.
Cost Reduction Achievements
Reduced operating expenses, excluding restructuring and nonrecurring costs, by $115 million with an expectation to exceed the $130 million cost-out target for 2025.
Marketing Efficiency Improvements
Achieved a 6% decline in cost per acquisition versus the prior year, with improvements in marketing efficiency expected to drive increased traffic in the future.