Reiterates FY15 Rev down low double digits, SSS North America down high teens, gross margin 69-70%, op margin in high teens - conf call
- Adjusts FY15 capex to ~$350M (prior ~$400M)
- In FY15, global square footage to grow 2%, while North America square footage to contract 5%
- To be 10 net openings in China in FY15, store number unchanged in Japan
- Again pledges to maintain the dividend - Reiterates to return to sustainable growth in FY16-17