Tue. 21 May 2024, 6:07am ET
Benzinga
News, Guidance
The company is affirming its outlook for full year 2024.
- Total sales of $84 to $85 billion
- Comparable sales expected to be down -2 to -3% as compared to prior year
- Operating income as a percentage of sales (operating margin) of 12.6% to 12.7%
- Interest expense of approximately $1.4 billion
- Effective income tax rate of approximately 25%
- Diluted earnings per share of approximately $12.00 to $12.30
- Capital expenditures of approximately $2 billion