Net sales increased 6.8 percent on a constant-currency basis. Channel SalesWholesale net sales increased 6.0 percent y/y to $864.6 million, reflecting the phase-out of Koolaburra brand standalone operations. DTC comparable net sales increased 7.3 percent year-over-year. Profitability and ExpensesGross margin was 59.8 percent of net sales in the third quarter, a 50 basis-point decline from 60.3 percent in the prior-year quarter. The earnings per share guidance now includes the impact of the expected share repurchases in the fourth quarter.