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The company commented, "Unfortunately, the outlook remains uncertain and unpredictable - in fact the situation across the country with COVID-19 appears to be deteriorating. The fourth quarter has gotten off to a weak start with November month-to-date comparable store sales running down in the low double digits. In this uncertain environment, we will continue to plan and manage our business conservatively. We have significant liquidity, and we will use this to maintain our flexibility to react to the trend, as well as to opportunistically build our reserve inventory." The company updated its FY20: Capital expenditures, net of landlord allowances, are now expected to be approximately $245M, which had been reduced at the end of the Q1 from the original outlook of $400M; reaffirms FY20 expectation to open 62 new stores, while now relocating or closing 28 stores, for a total of 34 net new stores; Depreciation & amortization, exclusive of favorable lease costs, is now expected to be approximately $225M; and interest expense, net of non-cash interest of $24M on convertible notes, is now expected to be approximately $75M.