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or slightly above last year's level, which will significantly increase our operating cash flows in comparison to last couple of years. We have been able to reduce our lead times in the factories and have focused on fewer SKUs, each driving more sales. This has enabled us to reduce
cheap Michael Kors Jet Set Perforated Travel Small Blue Totes our weaker supply and has improved our inventory position.
As Mike will cheap Michael Kors Jet Set Saffiano Travel Large Coffee Totes outline with you shortly, we're in effect revising our guidance slightly downward for the balance of the year. dollar being much stronger. In addition to that, there is a lot of uncertainty and lack of visibility in the global marketplace. We're confident in our business going forward, but we feel it's prudent for us to plan our guidance more considerably for
cheap Michael Kors Logo-Print Large Beige Totes these two regions. Our business model is very resilient and inherently profitable, and we're positioned to capitalize on opportunities while we continue to move strategies forward in a focused and efficient manner.
In summary, as we begin the second half of the year, we remain optimistic about our growth prospects. Our brands remain strong and in high demand with consumers. Watch trends remain favorable and we see a considerable whitespace developing the additional runway to the business. We have a lot of opportunity to get better of what we
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