Operating expenses also rose nearly 13% in the quarter as the company invests in store openings, marketing and more ad spending.
Nate Delesline III is a journalist who focuses on retail and global supply chain news. He writes for publications such as Retail Dive and Global Supply Chain News, and his work has also appeared in ZDNET. Nate's articles cover a wide range of topics including executive appointments, industry trends, and financial updates in the retail sector.