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Operating Expense Breakdown
Details core costs like R&D, marketing, and admin, offering insight into how efficiently the company runs and where it’s prioritizing investment.SG&A is the dominant and steadily growing driver of operating costs — recent increases reflect management reloading marketing, store labor and activations to chase demand rather than recurring impairments, while amortization and acquisition fees are now immaterial. Management’s guidance confirms deliberate SG&A deleverage as they invest to fix merchandising and replenishment; that investment strategy explains much of the margin compression and makes near‑term EPS heavily dependent on a North American sales rebound despite healthier trends in China and digital.
Date | Selling, General, and Administrative | Amortization of Intangible Assets | Acquisition Expenses | Asset Impairments and Restructuring | Gain on Disposal of Assets |
|---|---|---|---|---|---|
Jun 30, 2026 | $1.01B | $1.89M | $0.00 | $0.00 | $0.00 |
Mar 31, 2026 | $1.06B | $1.88M | $0.00 | $0.00 | $0.00 |
Dec 31, 2025 | $1.18B | $1.82M | $0.00 | $0.00 | $0.00 |
Sep 30, 2025 | $988.25M | $1.78M | $0.00 | $0.00 | $0.00 |
Jun 30, 2025 | $951.66M | $1.73M | $0.00 | $0.00 | $0.00 |
Mar 31, 2025 | $942.87M | $1.63M | $0.00 | $0.00 | $0.00 |
Dec 31, 2024 | $1.14B | $1.62M | $0.00 | $0.00 | $0.00 |
Sep 30, 2024 | $909.83M | $1.12M | $0.00 | $0.00 | $0.00 |
Jun 30, 2024 | $872.00M | $0.00 | $0.00 | $0.00 | $0.00 |
Mar 31, 2024 | $842.43M | $0.00 | $0.00 | $0.00 | $0.00 |