Earnings Feed

$0.45 per share, 25% increase year-over-year

Adjusted earnings of $0.45 per share significantly outperformed the midpoint of guidance and prior year by 25%.

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.

$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.

12.5% growth on a 16-week basis

Commercial sales were up 12.5% year over year on a 16-week basis, accelerating from 10.7% in Q3 and 7.3% in Q2, driven by improved execution and parts availability.

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.