joining me to discuss, under armour founder, kevin plank, and interim ceo, colin browne. it's good to see you both. what happened? the stock was up this morning before the call. it was a beat and raise quarter, and now it's down sharply. >> it was. we had a good quarter. we had a solid quarter we did what we said we were going to do. we have a line of sight closing out the year pretty well inventory is a story, but our inventory situation is a little different than many people out there. we didn't quite have the same hangover from covid as others did, so we're actually really quite comfortable with how our inventory is looking against our growth expectations next year. margin is challenged, of course, because of the large promotional activity that's going on at this moment in time we're focused on our strategic priorities, executing what we said we were going to do we have new leadership in north america and ensuring that we can grow in this important market. >> so explain the inventory just a little more. because i think it came as a surprise to people who had seen you p