Strong Retail Performance
Global Retail segment orders increased 6% year over year, with North America retail orders up 8%. The holiday cyber promotional period saw a 12% rise in orders compared to the previous year.
Record Sales and Store Expansion
Multiple records set in North America Retail including the highest orders in DWR brand history. Four new store locations opened in Q2; plans to open 14 to 16 new stores in the fiscal year.
Effective Tariff Mitigation
Proactive mitigation actions expected to fully offset tariff costs in the second half of the fiscal year, supporting gross margin and EPS resilience.
Order Growth and Positive Outlook
Total orders for the quarter grew to $973 million, up 5.5%. Positive order momentum across all segments indicating an improving demand environment.
Healthcare Sector Growth
Total healthcare orders are up 5% year to date, with strong demand in resilient sectors such as healthcare.