Increase in E-commerce Revenue
Despite overall challenges, e-commerce revenue increased by 1% in the first quarter, indicating growth in the digital sales segment.
Successful New Store Openings
The company opened six new stores during the quarter, which have shown strong growth and performance, exceeding expectations.
Healthy Inventory Levels
Strategic promotional activities led to healthy inventory levels at the end of the quarter, despite challenges in overall sales.
No Long-Term Debt
The company maintained a strong financial position with no long-term debt other than lease liabilities and no amounts drawn under the company's bank credit facilities.