Gross margin increased 450 basis points in Q2 to 51.6%
Supply chain efficiencies contributed 30 basis points, including a lower shrink accrual
SG&A as a percentage of revenues decreased 50 basis points to 28.7%
Employment expense leverage of 70 basis points achieved through 'disciplined payroll management and incentive compensation'
no findingread · nothing bore on it
It held on this filing. No finding was written because nothing in it bore on the reason — the sentences it was read against are below.
the evidence · every sentence checkedfour sentences · whole, uncut
the claims it rests on · in our words, not the filing’s