๐น Revenue: $10.44B (Est. $10.28B) ๐ข
๐น Adj. EPS: $1.78 (Est. $1.47) ๐ข
๐น Same-Store Sales: +2.4%
FY25 Guidance (Raised):
๐น Revenue Growth: +3.7% to +4.7% (Prev: +3.4% to +4.4%) ๐ข
๐น Comp Sales: +1.5% to +2.5% (Prev: +1.2% to +2.2%) ๐ข
๐น EPS: $5.20 to $5.80 (Prev: $5.10 to $5.80) ๐ข
๐น Capex: $1.3Bโ$1.4B (unchanged)
๐น Real Estate Projects: ~4,885
โโโช๏ธ ~575 new U.S. stores, 15 in Mexico
โโโช๏ธ ~2,000 Renovate, ~2,250 Elevate, ~45 relocations
Other Key Q1 Metrics:
๐น Net Income: $391.9M (+7.9% YoY)
๐น Operating Profit: $576.1M (+5.5% YoY)
๐น Gross Margin: 31.0% (+78 bps YoY)
๐น SG&A as % of Sales: 25.4% (+77 bps YoY)
๐น Cash Flow from Ops: $847.2M (+27.6% YoY)
Inventory & Capex:
๐น Merchandise Inventory: $6.6B (โ7% YoY per store)
๐น Capex: $291M
โโโช๏ธ New Stores Opened: 156
โโโช๏ธ Remodels: 668 (Elevate), 559 (Renovate)
โโโช๏ธ Relocations: 23
Dividend:
๐น Quarterly Dividend: $0.59/share (Payable July 22, 2025)