Cost ManagementManagement stated that customer acquisition costs had remained stable even with increased investment in marketing.
Financial PerformanceAdjusted EBITDA margin continued to be an area of strength for the company, with margin at 11.6% of sales representing a 260-basis-point improvement on the prior year and beating expectations by 50 basis points.
Partnerships And GrowthA.I. integration, Samsung/Google partnerships, store growth opportunity drive long-term attractiveness and underpin buy rating.