this plan. I'll overview the Thank an execution on of Lace and then morning quarter start with provide update a you, ongoing our of our Rob. first Up brief results
earnings Our non-GAAP in and last year comparable provided a line we start sales with with team call. delivered earnings to our the on performance solid better-than-anticipated per share the guidance
to the led customers we low were our Locker banners a from sequentially by and On Foot which our our in up headwind pleased Champs expectations improve spring digits was down responded line single Locker X.X%, basis, banner. declined flat included our fresh global Sports to Comps and of comps basis as and a with assortments. X.X%, which Foot repositioning Kids the our point stores XXX to see of quarter through comped
to gross with improvements the our our markdown positive also expectations. prices compared Our margins nicely levels in and unit average delivered We retail were fourth were quarter. in line
to promotional We first sequential down dial markdown in throughout we moderation a saw our levels levels. the also began quarter as
reflects as give expense into in from management per earnings color quarter, as will the Mike on the share favorable of $X.XX call. timing Non-GAAP later some our shifts which first more quarter the expense disciplined second well
Importantly, are our overall first full still year in guidance. by half growth we EBIT to with margin expectations to a $X.XX and as our expansion positive year trending line EPS return this results and our expect reiterated comp demonstrated non-GAAP $X.XX
and prolonged external to XXXX. continue savings reduced to of our X% remain balances rates, margin this target we environment remain to year committed inflation, customers dynamic we higher EBIT expect towards X.X% by contend to While the interest progress with as our making
plan I'll and creation. sustainable Up an value update the to strategic Now on shareholder provide and on growth executing deliver Lace we're initiatives our
strong vision achieve giving flywheel several mission. the We on progress for continue over remain and of vision guided of We Lace focused is to globally us be a the to sneakers plan Locker buying for the and unlock Foot to by about by inner significant intently our all mission sneakerhead creating be destination the and and the to Up made us and demand, we've go-to our tools quarters. and discovery our last
deliver is have $XX taking rightsize maximizing return we of all in cost investment we're investment. to expected actions with to on With year. this discipline on and our through optimization efforts program, exercising coupled with emphasis which structure the million our savings including discipline an underway, we're is the cost operating This
quarter. which Now more imperative, and with serve Starting imperatives expand provide our let walk choice. strategic me culture, first against sneaker occasions more how through X we to the aims progressed sneaker our in
of array desire make for in an progress sneaker brands great to customers' our meeting and styles. continue and We exciting choice offering
new elevated our under multiyear growth our business to improve Through as year. We've with and insights and our productivity our this to lead we new the expect composition, to of structure, unique plans. collaborate on approach especially our and team assortments flow approach, buying throughout continue we with partners the customer merchant
In addition, with franchises. brands second beyond our towards well the of we quarter flexibility see first in we and higher quarter productivity inventories as open-to-buys more pivot and positioned, our
growth of diversification We composition feel our is the top inventory we have quarter good brand, about partners. mix brand our currently in business. with term, and deliver generated efforts entire the We of balanced brand across Recall, portfolio our an outside appropriate of with our XX% Nike. our of sales fourth to being intent believe our partners. longer our we And exited brand
XXXX Frank I Paris innovation and cycle was their as innovation storytelling. We're to of in half and supported back Nike. the in April. Paris pleased by then top of and the multiyear the partner, encouraged accelerates events Olympics to Nike's pipeline that very shared with XXXX by Nike participate were Turning our powerful beginning into innovation in
kids term, As them remain on sharp such, holiday we with refocuses excited wholesale as emphasize channel the during return sneaker positioned to continue quarter. we the as believe are pillars with this to Nike we we Longer year of well and our growth to them later to culture. basketball, benefit
loyalty build in enhance collaborate digital in and investments we're confident our making business will experience. as in well that to the capabilities We partnership continue through our as as and our are our we in-store our investments
on Nike you'll into through which to the brand, the our of celebrate program us clinic, the basketball off with continues business evolve means as we our see lean and court. Jordan basketball This and culture
all our into across basketball. consumers and sport leverage our more also the invite basketball to lifestyle concept basketball court partners of will of proprietary We home
led signature AE will Puma. athletes franchises LaMelo and Jayson from to be Booker Adidas, Doncic; the like our assortment next-gen Morant; Luka and by the of Sabrina Devin and Tatum greatest Ionescu, Nike's Ball This X Jordan's Ja exclusive from
cities multicultural our we'll the consumer that, for community Dunk, events AJ the Balance in All-Star Air with sneaker to to whom and local invite the to Superstar, others. NBA New to celebrate X, New important. Game Atlanta, culture celebration and like wear so young is consumers we'll particularly Next moments icons XXX even the Force York like of continue like game continue enjoy From and more global to basketball, X,
another platform for We category the by sneaker and to expand consumers see offering running occasions. powerful as more more culture also more choice serving
Air Air it more happy We launch and delivering for we're to First, family doors exciting the forward to first participate Max innovation as it in of Nike the quarter. the Dn to Max the forward. look welcome going in an
running through also seeing We strength piece business. our ongoing heritage the of are
both its well as New Balance expansions women's as gains. continues like-for-like kids momentum through and in door
that, ASICS kids. men's, multiple strong with momentum Next seeing franchises we're global to across in women's and
by consumers our performance new allocations year, the catering On adding we're including with in kids to and and doors HOKA side, HOKA. performance as On this such both and sneakers increasing On seeking
we female our Terrex gains made, strategic story again and we current women's worldwide think a being through global for about our leadership the with to our consumers. specifically the pace are campaign spring category, of Finally, and to tell see lifestyle is Leray, kids helping Coi segments setting their style Adidas as in business. influencer, trend
holiday look targeting. door growth we back-to-school drive be there brands our partners UGG acquisition insights part improve campaign and season consumer as plans, Likewise, to and consumer with of a to strategic large really forward a our and continue continue our like productive to
store And our Sports was our our year-over-year the basis from saw in shoes in private finally, XX%, count. part drive from softer some XXX distinction assortments, as Champs in down reduced greater school as points penetration we we performance impact quarter label
real estate second heart The concept unveiled to designed brings of sneakers Wayne, New lanes experience the in This month an Lace celebrates pillar means brand strivers elevated the at to for enhance and transforming through footprint of technology the store transformation, creating power our a clear this is experience. of our On life power Locker the immersive estate banners. we up Willowbrook Jersey. modern improved successfully that Up portfolio, environment customer real reinvented retail retail and truly our in visually shopping Foot our Mall which
connectivity men's, kids, our women's XX,XXX and and enhanced Driven by a selling this brand drive square merchandising sneaker distinct Try-On culture. powerful store foot to with storytelling, visual features designed Communal Zone stripers across
has sizes the balance to both our conversion higher stripers Response traffic, and chain. our customers. seen store and format the and been from meaningfully basket increased to compared very in positive new of penetration levels We've this women's of
In become fact, quickly one American the store has of top locations. our North
connects store. is work the survey also Locker after proceeds Our increases the showing Foot visiting how the customer brand in and with
Olympics. and partners is XXth response Paris, the New Melbourne, brands to their our tomorrow shoppers We locations plan echoed format in City, Delhi York opening storytelling. for how elevated presentations through enhances positive enhanced brand launch in this time as this product additional Street and including are by X which with Summer engaging is This year, differentiated
As year our our beyond of with representing as footage, be and through towards along will up our Through and concept, and last XX% insights further XXXX formats new applied these our sneakers our other concept, up show how continuing we're our of openings XX% this and moving hardest with blueprint new formats, this of as stores evolve experience we the to XX%. stores from target provide for in-store learn square our now the the expression go-forward our elements global brand. will XXXX to
new which first concepts, retail In the back scale Store doors to aligns Foot to end quarter, global the through create top program program, principles the we're X/X design to executed the our globally. our of completed on half remain through we'll XX the which experience more Locker these of the We new refreshes retail and approximately brand concept meaningful and in Kids we elevated and balance and addition consistent In refreshing a the the to aims of XXXX. delivering Locker of XXX Foot continue we of a of XXXX, with committed Refresh year.
confidence under from payback on fairly also perspective, can and This capital executed us that XX cases. our plan our by in refreshes are periods. end reads hurdle next rates remain refreshes hours the These most be can year. gives light internal the Early in a execute and hitting of we positive, timing
XX.X% style to our Champs strides declined slight American and Comps getting take by from Sports are shift of And the productive XXXX. footage, and finally, the the XX% home hold. Within lanes, Champs and up square from and of head-to-toe of updated in our its simplifying the off-mall, continues closer in evolution XX% making continues penetration Sports to into goal points our distinct North quarter, quarter. we're year sharper, of repositioning deceleration with our creating more fourth to a assortments positioning. ago aligned reached a X sports
ASICS Brooks repositioning encouraging partners strong lifestyle, active as of the the as New areas each program. in we style participation. accessories.
In repeat York been have the the and the Champs with run club month Sports with Champs efforts supportive participants particularly the to and performance. a City Southern kicked speaks such lens banner California, to apparel brand been performance have the those to Tampa. have been Our in target in sports partners and of the the running, first Connecting formally events authentic lead and Club of number and have traction behind with of of at an off ways and we're our Results growing in also strong invested the lens enthusiasts active monthly audience quarter, through Sports Run our making of
point, in their optimistic meaningful Sports full Just represent of New With quarters brands the the becoming remain for apparel the is offerings. to Sports first the in a our come, quarter, Champs into Champs lead became brand's repositioning, Champs partner Balance. positioning about partner marketplace. potential we communication clear X to in Sports' the Case for
CRM Nike, last is Foot reaching enhancing relationship the third interactive focused and Our brand our which February, brand discussed partners, Converse pillar loyalty NBA celebrated call, a deepen Adidas, downtown an with capabilities. we XXXX in broader support building of customers as building earnings including Brand, our and customers Jordan we Under equity, overall Locker in our On equity, is set with our on and with weekend of Indianapolis, in Puma, Armour. home pop-up All-Star experience court
events X earned billion media Foot impressions. and from activations partners Our the Locker and weekend our over
best starring social the on fans, We and the off and Durant; and clinic We with brings Brands' the to first enthusiasts culture channels. also digital basketball and Tatum, the aired clinic spot, local which court ad Kevin TV, which NBA kicked communities. our debuted with Nike Jayson Nike's Jordan media brand, Jordan sneaker and broadcast of video
as investments Superstar, As Jewell our featuring latest continuing like It's the are in Nike, our lifting the our the co-branded these also with Storm to inspiring Foot of see entitled partnership an we to high and Locker. Loyd. as and brand customer awareness. consideration installment investments the encouraging new NBA powerful clinic basketball our that perception debuted how marketing support Seattle and including Basketball of for It's well brand Dropping WNBA leadership, story already levels of clinic the Gems are Association
Particularly, brand's partners year, and our recognize key as as Locker position XXth we the we as cementing brand Foot we're further well our basketball basketball that a heritage part and culture. leadership our with our with of positioning anniversary the celebrate at this is sneaker customers. investments, intersection of our Through our
to last our XXX program, sales current year. loyalty through our points quarter Turning were of in loyalty. XX% first to compared the up basis
Rewards, FLX last us deeply we'll The following key Looking across launch here relaunching customers new business attract milestone to our the existing our which customers. second program, be U.S. quarter pilot Canadian will in more the program, loyalty ahead, new of allow and our year. a successful engage will our
a cash other of drive of frequency. are first-time positive, the has reaction higher designed engagement average order higher addition values, to back to across transaction per including been KPIs, variety higher higher program frequency redeemers, and perks customer and share the with trip Canada wallet. our The Through units test, of and
know business. think program year, us the program, but our through lever potential Xx the our the with Driving our loyalty has we a us to Xx opportunity category for the year. they customer incremental between shop our to meaningful When with about shops we per close purchase that for be enhanced Xx with to a average
times and our channel see higher capabilities. Even most loyalty can valuable enhance particularly we us multiple omni of for who digital, as that higher own stores share with both across our customers and shop we a wallet, we year frequency and believe
and we'll this help demand the preferences. our we leverage to use improved leverage reach and data flywheel as for appeal XX% insights offers. personalization most customers of target their we our XXXX, about This As our will drive wider to program's by valuable data that fuel CRM
FLX the With our on our through to as next look capabilities. partners, wider on insights forward of We our we reimagined can Rewards rollout the actionable collaborate call. sharing also program updating in we U.S. deliver you data here
turning journey and And channels. to final better our best-in-class which digital presence be our integrating our omni, customer to pillar means across improving
On XX.X%, level, strides rate. up XX the enterprise were penetration and global up to digital make quarter digital Our in continue increased X%, comps in to year-over-year. we basis points an conversion meaningful our online
with a about loyalty We're more to and year, experience focus progress which Locker transformation by continue modern roll along XXXX, customer and greater our new is storytelling mobile on content serve e-commerce will through and target program. site XX% this messaging, detail We're XXXX. In and faster, shopping making to new our on later also product as navigation product Foot track a out digital redesign. and full elevated page improvements a experience enhanced on to importantly, for our capabilities strong additional penetration provide the app and inspiration search a hub
stores to store know we the overall quarter, results margins to drive drive suite on to continuing focused continued In in omni stores. we're these training we experience stripers new striper and better are invest selling levels. Foot our strong Switching driving behaviors. our striper behind expanded to trainings, productivity our tools alongside of our Locker, and activity Through essential refresh the overall of advanced NPS conversion,
things target full Lace destination pleased Locker the positioning and plan, closing, sneakers. performance first for outlook. year to all our be Foot are we're quarter our we're the Up the reach global to In on with in Through
heart gain flywheel brand to strong with and positioning continuing into create demand expanding are concepts, of through and focus as elevating strategies analytics customer iconic and our our momentum store and insights, we our refreshes differentiating capabilities, stripers our our loyalty sneakers leading through a by our platform. digital on experiences new Our in-store leaning
it hand over details our more and category on banner me to Frank let provide Now performance. to