...A. Our second quarter earnings were in line with our expectations. B. However, our objective is to show incremental improvement in the back half of the year with even more benefit in 2024 and beyond. C. As it relates to our outlook for 2023, we are reaffirming our guidance. D. Net sales decreased 4.8%, and comparable sales were down 5%, with store sales outperforming the total company and flat to last year. E. Sephora at Kohl's continues to exceed our expectations, driving a total beauty sales increase of nearly 90% year-over-year. F. We opened nearly 200 Sephora shops in the quarter, and momentum in our existing Sephora shops continues to accelerate with greater than 20% comparable beauty sales growth in the Sephora shops opened in 2021 and 2022. G. In our Home business, which we've highlighted as a major, long-term opportunity for Kohl's, showed strong relative improvement in the quarter. H. Beyond the top line, we are able to successfully manage gross margin and expenses to achieve an...
