🔹 EPS: $6.14 (Est. $5.85) 🟢
🔹 Revenue: $3.6B (Est. $3.58B) 🟢; +13% YoY
🔹 Gross Margin: 60.4% (Est. 59.7%) 🟢
🔹 Total S.S.S: +3% (Est. +5.1%) 🔴
FY25 Outlook
🔹 EPS: $14.95–$15.15 (Est. $15.38) 🔴
🔹 Rev: $11.15B–$11.30B (+5% to 7%)
Q1 Outlook
🔹 Rev: $2.335B–$2.355B (Est. $2.39B) 🟡
🔹 EPS: $2.53–$2.58 (Est. $2.72) 🔴
Q4 Comparable Sales (ex-53rd week):
🔹 Total: +3% (Est. +5.1%) 🔴
🔹 Americas: Flat
🔹 International: +20%
Q4 Revenue (Reported):
🔹 Americas: +7%
🔹 International: +38%
Key Operational Metrics
🔹 Operating Income: $1.0B (+14% YoY); Op Margin: 28.9% (Est. 28%) 🟢
🔹 Gross Profit: $2.2B (+15% YoY)
🔹 Effective Tax Rate: 29.2% (vs. 28.1% YoY)
🔹 Stores: 767 (18 net new in Q4)
🔹 Share Repurchase: 0.9M shares for $332.2M
Management Commentary
“Our Q4 results exceeded expectations... We’re focused on executing the Power of Three ×2 plan to reach $12.5B by 2026.”