Q3 2021 Results Presentation
Q3 2021 Gross Margin Takeaways. Q3 2020 Q3 2021. $1,380M $1,302M. SG&A Expense. Improved store labor productivity . Lower technology spend . Improved marketing-to-sales ratio . Higher wage costs across stores and distribution centers. Q3 2021 SG&A Takeaways % Total Revenue. 32.7%. 30.0%. Increased 408 bps versus Q3 2020. SG&A leveraged 273 bps ...
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