Earnings Feed

5% comp decline, 280 bps improvement from Q1

Q2 comps were down 5%, a 280 basis point improvement from Q1, indicating meaningful sequential progress despite ongoing challenges.

4.4% adjusted revenue growth

Q4 revenue of $311.2 million exceeded guidance and marked the second consecutive quarter of revenue growth, reversing prior declines.

Demand increased 13.7% in Q2

Demand increased 13.7% despite the worst housing market in almost 50 years, showing resilience and market share gains.

$3.1 billion net sales, 8.6% growth

Q2 net sales grew 8.6% year-over-year to $3.1 billion, exceeding the high end of the guidance range.

Operating profit and EPS better than expected

Profit performance in Q1 was better than expected due to lighter inflation phasing and international trade expense timing benefits.

3.4% growth

Identical sales without fuel grew 3.4%, ahead of expectations and marking the sixth consecutive quarter of improvement.

14% increase in net income and EPS excluding last year's $63 million tax benefit

Net income for Q4 grew 14% excluding a non-recurring tax benefit from last year, showing strong underlying profitability.