A controlled-release fuel cell comprising (a) a proton exchange membrane having a first surface and a second surface, a fuel electrode or anode being coupled to the first surface, a
the provision we took against our remaining Lululemon Studio hardware inventory, timing of certain receipts, and foreign exchange. On a unit basis, inventory increased approximately 5%. We remain comfortable with both the quality and quantity of our inventory. At the end of Q4, we expect...
markdowns were flat year-over-year and better than expected; 30 basis points of net deleverage on fixed costs and 20 basis points of unfavorable impact from foreign exchange. i would also note that our pause on the sale of breathe through had a negligible impact on gross ...
SG&A expenses were approximately $872 million or 36.8% of net revenue compared to 37% of net revenue for the same period last year. Foreign exchange contributed 10 basis points of deleverage. Overall, the 20 basis points of leverage in the quarter was below our guidance of 40 to 60 basis ...
compared to 55.1% of net revenue in Q3 2019. The gross margin increase of 100 basis points was driven by 170 basis points of leverage on occupancy and depreciation and 10 basis points of favorability in foreign exchange. This was partially offset by 80 basis points of deleverage on product ...
We also saw 30 basis points of unfavorable impact from foreign exchange. Moving down the P&L, SG&A expenses were 337.2 million or 28.9% of net revenue, compared to 28.4% of net revenue for the same period last year. In Q4, we continued to use the strength in our business to inve...
We also saw 30 basis points of unfavorable impact from foreign exchange. Moving down the P&L, SG&A expenses were 337.2 million or 28.9% of net revenue, compared to 28.4% of net revenue for the same period last year. In Q4, we continued to use the strength in our business to invest ...