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E
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2023 Q3
11 Jun 23
xcluding the headwinds in FX, the $60 million increase would have been higher by $17 million or up year-over-year 8% adjusted for FX.
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2023 Q3
11 Jun 23
a $60 million or 6.1% increase in membership fees
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2023 Q3
11 Jun 23
Our average daily transaction or ticket was down 4.2% worldwide and down 3.5% in the U.S., impacted in large part from weakness in bigger ticket non-foods discretionary items.
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2023 Q3
11 Jun 23
traffic or shopping frequency remains pretty good, increasing 4.8% worldwide and 3.5% in the U.S. during the quarter
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2023 Q3
11 Jun 23
total company on a reported basis, 0.3% comp sales and ex-gas deflation and FX, plus 3.5%
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2023 Q3
11 Jun 23
other International, reported plus 4.1% and ex-gas and FX, plus 8.4%
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2023 Q3
11 Jun 23
Canada reported minus 1.0%, reported ex-gas and FX, plus 7.4%
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2023 Q3
11 Jun 23
in the U.S. on a reported basis, minus 0.1%, and excluding gas deflation and FX, plus 1.8%
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2023 Q3
11 Jun 23
two years ago, we initially leased three ships and thousands of containers to help mitigate some of the significant overseas freight challenges that we were experiencing
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2023 Q3
11 Jun 23
this third quarter, we concluded that would be appropriate to completely discontinue the remainder of our charter shipping activities
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2023 Q3
11 Jun 23
This year's results included a non-recurring charge to merchandise costs of $298 million pretax or $0.50 per share, primarily for the discontinuation of our charter shipping activities. Last year's results included a non-recurring $77 million pretax charge or $0.13 per share for incremental employee benefits.
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2023 Q3
11 Jun 23
if there was no LIFO charge plus or minus in Q3 and Q4, on a year-over-year comparison, you have, on a pretax basis, $130 million positive delta and a $223 million positive delta
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2023 Q2
13 May 23
And then on the pricing/LIFO point, last quarter, you talked about like we could have a LIFO benefit and that could be a source of funds in terms of investing in price.
LIFO would result in lower GAAP earnings, giving an increased tax benefit. This would result in a positive addition to cash flow.
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2023 Q2
13 May 23
And then on the pricing/LIFO point, last quarter, you talked about like we could have a LIFO benefit and that could be a source of funds in terms of investing in price.
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2023 Q2
13 May 23
prices were to go down relative to a year ago, you'd actually have a LIFO credit, which would be even a bigger year-over-year delta
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2023 Q2
13 May 23
For this quarter year-over-year, we're seen a little over 1.5 percentage point increase in sales penetration on the food side
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2023 Q2
13 May 23
over the last 10 years, we see 0.5% or a little less than 0.5% a year of increased penetration
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2023 Q2
13 May 23
have we seen any delta in the sales penetration of our own Kirkland Signature items
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2023 Q2
13 May 23
we have seen actually, in the last few months, a bigger delta than normal
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2023 Q2
13 May 23