Total net revenue increased 4% to $5.547 billion in Fiscal 2025, up from $5.329 billion in Fiscal 2024. Total comparable sales increased 3% year-over-year, driven by a 9% increase for the Aerie brand, while American Eagle comparable sales were flat. Digital revenue increased 7%, attributed to higher transaction volume, increased traffic, average dollar sales, and units per transaction, while store revenue remained flat. Gross profit decreased 3% to $2.025 billion, with gross margin declining 270 basis points to 36.5% of revenue, primarily due to increased promotional activity and $70 million in incremental tariffs. Operating income decreased 47% to $226.2 million (4.1% of total revenue), and non-GAAP adjusted operating income decreased 26% to $327.8 million (5.9% of revenue). Net income attributable to AEO decreased 42% to $192.0 million (3.5% of total revenue), resulting in diluted earnings per share of $1.09, down from $1.68 in Fiscal 2024. Non-GAAP adjusted diluted earnings per share was $1.50, a decrease from $1.74 in Fiscal 2024. Impairment, restructuring, and other charges totaled $101.6 million in Fiscal 2025, including $59.0 million related to the closure of Quiet Platforms and $42.6 million for corporate and store impairments. The company repurchased 3.0 million shares under its publicly announced program and 18.4 million shares through an accelerated share repurchase agreement for $200 million. A quarterly cash dividend of $0.125 per share was paid in all four quarters of Fiscal 2025.