Operator: Good afternoon, ladies and gentlemen, and welcome to the ThredUp Q3 2023 Results Conference Call. At this time, all lines are in a listen-only mode.
Operator: Thank you for holding. And welcome everyone to the Burlington Stores Fiscal 2023 Second Quarter Operating Results Call. All lines have been placed on mute to prevent any background noise.
The major market indexes closed up after Thursday's inflation data, but finished well off their session highs. Stocks shot higher out of the gate Thursday as investors cheered the latest inflation data. However, the enthusiasm faded as the session wore on as market participants parsed some concerning jobs data, with the main benchmarks finishing far from where they started. Data from the Bureau of Labor Statistics showed that the July Consumer Price Index (CPI) was up 0.2% month-over-month and 3