Gross Margin Expansion
Gross margin expanded by 150 basis points to 56.2%, thanks to ongoing cost savings efforts.
Record Free Cash Flow
Quarterly free cash flow was a record $78 million, enabling capital deployment to enhance shareholder value.
Strong International Segment Growth
International segment revenues increased 7.1% versus the prior year, with broad-based growth by brand and geography.
Share Repurchase Activity
Repurchased over 400,000 shares in Q1, maintaining leverage ratio of approximately 2.4x.
EPS Growth
EPS increased approximately 6% versus the adjusted prior year, due to gross margin expansion and lower interest expense.