Kurt Barton

“I'll first build on Hal's comments by focusing on the financial performance in the quarter. Then, how we are managing the current cost environment and wrap it up with our outlook.”

“One, I mean, it's understandable that tariff refunds is a broad, transitory issue for all of retail.”

“As Hal outlined, we're taking decisive steps to strengthen the business and improve our long-term earnings power. The quarter reflected continued pressure on discretionary demand while our needs-based categories remained resilient.”

“Peter, I'll just add on to some of Hal's comments. I thought I'd hit three things that I think all three of them are very focused on, not only for us, but for the conference.”

“Let me compliment Hal's top-line commentary by briefly covering the underlying drivers. Overall, our net sales performance was modestly below our expectations for the quarter.”