294 annotations
Our most engaged guest account for a greater share of sales than we see at other competitors.
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2024 Q4
30 Mar 24
Consumers say they still feel stretched,
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2024 Q4
30 Mar 24
we believe annual CapEx will typically range between $3.5 billion and $5.5 billion in 2025 and beyond
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2024 Q4
25 Mar 24
Q3 comp performance was strongest around the Back-to-School and Back-to-College seasons
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2024 Q3
18 Nov 23
continued softness in discretionary categories
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2024 Q3
18 Nov 23
he industry has experienced 7 consecutive quarters of declines in discretionary dollars and units
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2024 Q3
18 Nov 23
he industry has experienced 7 consecutive quarters of declines in discretionary dollars and units
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2024 Q3
18 Nov 23
verall unit demand across the industry has been down 2% to 4% in recent quarters
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2024 Q3
18 Nov 23
it will not affect our comparable sales as we base that calculation on periods of equal length
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2024 Q3
18 Nov 23
We estimate that extra week will add about $1.7 billion in sales and result in about 30 basis points of operating margin rate leverage on the quarter.
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2024 Q3
18 Nov 23
we're planning a wide range for our fourth quarter EPS of $1.90 to $2.60
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2024 Q3
18 Nov 23
mid-single-digit decline in Q4 comparable sales
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2024 Q3
18 Nov 23
our operations have generated more than $5.3 billion in cash through the first 3 quarters of the year, up dramatically from about $550 million through the first 3 quarters of 2022
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2024 Q3
18 Nov 23
we didn't repurchase any shares in the third quarter
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2024 Q3
18 Nov 23
next year's CapEx will be somewhat lower than this year in the $3 billion to $4 billion range
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2024 Q3
18 Nov 23
we expect full year CapEx will be near the high end of the $4 billion to $5 billion range we laid out for the year
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2024 Q3
18 Nov 23
this year's Q3 operating margin dollars were more than 30% higher than in 2019
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2024 Q3
18 Nov 23
5.4% our business delivered prior to the pandemic in the third quarter of 2019 despite the cumulative 110 basis point drag from shrink we faced since then
3Q2019 OM% = 5.4%
3Q2023 OM% = 5.2%
3Q2019 OM% w/o shrink = 5.5%
3Q2023 OM% w/o shrink = 5.6%
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2024 Q3
18 Nov 23
a couple of macro factors came in better than expected including freight costs and the impact of inventory shrink
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2024 Q3
18 Nov 23
continued agility in managing inventory, which delivered compelling benefits on both the gross margin and SG&A expense lines
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2024 Q3
18 Nov 23