Bob Durbel

“I guess the first question really for Michelle is when you think about BlueTab, you know, I think double-digit growth, like what have been your learnings thus far, you know, with that initiative?”

“I was wondering if you could spend some time, you know, on the marketing side, you know, it's been really good visibility, you know, some of the activations. And I'm just curious if you can, you know, talk to the marketing ROI that you're seeing, you know, with some of these pretty high-profile campaigns.”

“The first one is, when you look at the trends in Sephora, where do you think that is going? I think as you look into the back half of the year and even say declining, this is sort of a bit of a change, right, in the marketplace.”

“And then if I could ask a follow-up, as you think beyond this year, which has been kind of remarkable, do you believe the business ultimately settles back into what we think of as a traditional off-price, you know, 3% to 4% algorithm on same-store sales?”

“Just a couple of questions around, I think, inventory. Are there pockets of concern on your inventory levels at all? You mentioned inflation impacting the inventory.”