Published on 24 Apr 2024 on GuruFocus.com via Yahoo Finance
Revenue: Reached $3.98 billion, up 7% year-over-year, meeting estimates of $3.98 billion.Net Income: Increased to $547 million, up 6% from the previous year, slightly exceeding estimates of $545.91 million.Earnings Per Share (EPS): Reported at $9.20, an 11% increase year-over-year, slightly below the estimate of $9.26.Comparable Store Sales: Grew by 3.4%, continuing strong performance following a 10.8% increase in the prior year.Gross Profit Margin: Improved to 51.2% of sales from 51.0% in the same period last year.Store Expansion: Opened 37 new stores across 20 U.S. states and Mexico, and began operating 23 stores in Canada after an acquisition.Share Repurchase: Repurchased 0.3 million shares for $270 million at an average price of $1,029.24 per share during the quarter.
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