Domestic commercial sales grew 12.5% on a 16-week basis, representing 33% of domestic auto parts sales and 28% of total company sales.
Domestic retail same-store sales increased 2.2%, with DIY ticket growth of 3.9% despite a 1.9% decline in traffic.
Earnings per share (EPS) decreased 5.6% year-over-year but increased 1.3% on a 16-week basis after adjusting for the extra week last year.
Free cash flow for the quarter was $511 million, totaling $1.8 billion for FY 2025, supporting strong capital returns including $447 million in share repurchases.
Gross margin was 51.5%, down 103 basis points versus last year, negatively impacted by an $80 million LIFO charge.
International same-store sales grew 7.2% on a constant currency basis but only 2.1% unadjusted due to currency headwinds.
Operating expenses increased 8.7% year-over-year on a 16-week basis, driven by investments in growth initiatives.
Total sales grew 0.6% year-over-year to $6.2 billion for Q4, with a 6.9% increase on a comparable 16-week basis.
Adjusted gross margin contracted 160 basis points to 61.7%, impacted by $9 million in additional tariffs despite mitigation efforts.
Adjusted net earnings per share were $1.26, slightly above guidance.
Adjusted operating profit was $28 million (7% margin), down from $57 million (13.5% margin) in prior year due to investments and challenging environment.
Adjusted SG&A expenses increased 5% to $224 million, driven by new store openings and higher employment and occupancy costs.
Consolidated net sales were $403 million in Q2 2025, down from $420 million in Q2 2024, near the midpoint of guidance ($395M-$415M).
Inventory increased 19% on LIFO basis, primarily due to tariff-related accelerated purchases and capitalized costs.
Long-term debt was $81 million, up from $31 million at fiscal 2024-end, reflecting capital expenditures and share repurchases.
Total company comparable sales declined 5% in Q2, consistent with guidance.
Active clients ended Q4 at 2.3 million, down 7.9% year-over-year but with improving year-over-year active client growth rates for five consecutive quarters.
Adjusted EBITDA for Q4 was $8.7 million or 2.8% margin, exceeding guidance but down slightly year-over-year and quarter-over-quarter.
Average order value (AOV) grew 12% year-over-year in Q4, driven by higher items per Fix and a 7.6% increase in average unit retail (AUR).
FY 2025 adjusted EBITDA was $49.1 million or 3.9% margin, up 170 basis points from FY 2024.
FY 2025 net revenue was $1.27 billion, down 3.7% year-over-year adjusted, with second half revenue growing 2.5%.
Gross margin for FY 2025 was 44.4%, the highest since FY 2021, up 10 basis points year-over-year.
Q4 gross margin was 43.6%, down 100 basis points year-over-year due to higher transportation costs and mix shift to non-apparel.
Q4 revenue was $311.2 million, up 4.4% year-over-year on an adjusted basis, marking the second consecutive quarter of revenue growth.
Dafinchi
