The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Mitch Kummetz - Seaport Research Partners - Analyst
: I guess, first off, just on the Stuart acquisition, is there any color you can provide in terms of its impact on sales and EBIT and even on your interest
expense for the back half of the year?
Question: Mitch Kummetz - Seaport Research Partners - Analyst
: And then just as a follow-up on Stuart, Jay, I think in your prepared remarks, you mentioned the return to profitability after this transition integration
period, which sounds like might be done by the end of this year. So do you expect the acquisition to be accretive to earnings next year?
Question: Mitch Kummetz - Seaport Research Partners - Analyst
: And then maybe just real quick on BP. It was mentioned that there were some cancellations and delayed receipts in the quarter. Can you quantify
that? And those delayed receipts, is that having a benefit to the third quarter?
And then also just quickly on margins for BP, I think you said that the tariff impact was 250 basis points. I know that overall, you expect gross margins
to be comparable in the third quarter. But is that how we should think about tariffs as well in 3Q?
Question: Dana Telsey - Telsey Advisory Group LLC - Analyst
: As you think just broadly about the consumer health of the Famous Footwear customer and the BP customer, what -- has anything changed? Or
what are you seeing from them? And then brand performance at Famous, how did that look compared to previous quarters? And then I have a
follow-up.
Question: Dana Telsey - Telsey Advisory Group LLC - Analyst
: And then on the mitigation tactics for tariffs, where are you on those? How do you see that progressing going forward? And as you wrap to 2026,
does it anniversary? Or how you're thinking about it? And then I think you mentioned, Jack, about potentially more cost savings.
Did I hear that right? Or is there other things that you're looking at?
Question: Dana Telsey - Telsey Advisory Group LLC - Analyst
: Got it. And then just wholesale order trends going forward as you look towards the holidays. How is that going on wholesale order trends? What
are you seeing there?
| 
