decline consolidated which a quarter Beginning sales, week X.X% Thank was approximately you, billion. increased basis, includes were improvement prior promotional XX due with sales good On flat, environment, by XX in-store, to comp in consolidated to a both to X%. ticket increased online quarter comparative financial our quarter. which compared results transactions and banners decreased same-store to The which week was Lauren. sales X%. morning XX approximately decrease all the $X.XX fourth X% E-commerce was And everyone. driven
after from increasing brand low premium During positive margins strong single-digits with double expansion. continued comping footwear year. Footwear positive digits private the our remained the to anniversarying quarter, fully business period full-service last department our same comp
Excluding and benefited favorable outdoor a were with our equipment weather. the merchandising posted comp strategy gains. Armour’s distribution broadened impact pleased Team from Sports Under business, strong also healthy apparel which sales from we and
remained As the hunting pressure the under businesses and expected during electronics quarter.
industry the announced comp under from presidential comped not much gun affected sequentially negative high company quarter the which does improve And expected. outdoor steep sales to share as weak third earnings indicative anniversary as protection plans we reorganize we Mountain improvement last Gander from of Gander bankruptcy was and displaced capture posted bankruptcy as and business XXXX and declines. Our have while single-digits we year. have overall alike. market Remington suppliers manufacturers and filed for competitors hunting major closings the Mountain election, saw demand
will firearms We continue and throughout expect of likely impactful the more as policies. our XXXX our a result be in headwind hunting to announced changes recently
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our the marketplace. a by balance margins quarter was lower was sales, basis, year. decline a basis gross driven which However, XX.XX% $XXX.X versus was This license of or of for non-GAAP merchandise On was XXX strong. down business profit points the quite last in million promotional fourth
customer we expenses peak reflect from the share week. quarter we deleverage driven higher per costs as million incentive model year. delivered reform. This for shipping earnings our approximately includes effective as million the payroll during partially by one-month In $X.XX and was $XX percentage higher new points improve holiday which XX%, by last hours, were a deliver non-GAAP same a tax from e-commerce expenses saw e-commerce well addition, and $XXX.X and benefit were $X.XX, GAAP of offset our to service deleverage of the asset which fulfillment XX compensation. The quarter the total, from operating These Non- tax sales XX.XX% charges. for as as of diluted of approximately XXth SG&A or grew. period business In impairment we invested the was sales as basis rate lower primarily store
per $XX.X to or we to During a litigation costs share charge as improvements transition the $X.X or incurred of diluted our contingency. per $X.XX approximately program, diluted million million related share to well as $X.XX ScoreCard related quarter,
comparability. these earnings We have to excluded two from non-GAAP enhance items
to For additional details, of release the the in morning. press reconciliation tables non-GAAP you issued can this the refer
full comparative last X.X%, same-store non-GAAP week following billion, XXXX. $X.XX share $X.XX, the XX% compares On earnings which a re-launch in week e-commerce per of share XX the dicks.com decreased from January. week. approximately For increased This sales successful we diluted $X to to over XX year, per delivered consolidated basis, of sales to $X.XX the XXrd included
approximately looking credit cash sheet, fourth ended to $XXX borrowings no the revolving balance with cash and our on facility. we of outstanding million Now and quarter our equivalents
Turning or a capital expenditures million fourth quarter our to basis. $XX allocation, $XX million gross on were capital net
million $XXX repurchased for million authorization. $XX.XX. have of repurchased shares approximately price million remaining an average $XXX.X our total also at $XX.X in X.X In million we X.X million We for shares to XXXX, and
during Additionally, share. million the an of dividend we $X.XXXX weeks XX% quarter our quarterly a dividends we in few and to $XX.X ago per announced paid increase to
like reform. lower tax Before provide in cash moving comments to few a December of flow passage to improvement Act The the and a on in our from Jobs tax Tax I'd result Cuts in will rate. guidance,
increase addition omnichannel environment important more investments allow us us orders in distribution areas to retail the customers the including center to the expansion will delivery in strategy, our for associates. offer our also that dividend. other fulfill New to the provide to capital within fulfillment As one Conklin, our e-commerce starting our positions, the dynamic, investments local as this savings create in We’ll to include day enhance of nearly primarily Among as expansion support will flexibility with shareholders, ability York company, and and XXX new our cost-effective giving of growth quarterly to community. technology and our online the e-commerce within our new the including Gap] The well is fund the [Audio key and recent return northeast things, in these quickly capabilities. the jobs very efficiently, business will will
outlook Now XXXX. turning to our for
basis continue as sales align which EPS with on annual to As longer update to practices, we guidance, but guidance, a reminder, appropriate. industry we’ll a provide more and comp will provide closely quarterly quarterly will no
because to includes any the results. the a not calendar XXXX XXXX have Additionally, impact will sales This will effect shift. for mind keep XX but material will year, in quarterly comparison on one-week shift comp reflect sales that comp weeks,
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contemplated reduce significant our our have As Ed discussed, cost investment. within earnings. on have our we also of will guidance a impact some that costs our provide offset We're reviewing expenses investments and the to near-term to
All long-term. consolidated flat these believe we actions be decline. strengthen business together, for to Taken and be considered the for low diluted of single-digit expect to the [$X.XX] in same-store sales this a we range per our earnings to will XXXX, share
Our improving meaningful product expect balance of our in estimated due reduction in to gross restore a openings reducing the to inventory EPS policies. as as an strategic store deleverage by to and decline driven in months make business average and significant is sales we Operating includes supply few in a new the on see XXXX, we is slightly expenses. Also, better to our SG&A and we preopening innovation pressure changes margins comp levels. cycle firearm Gross release sales expected outlined versus viewpoint ago. margin our press reduction chain, from of impact guidance decline historical year-over-year investments our incentive to the margin compensation expected plans in as
tax guidance assumes effective XX%. of earnings an Our rate
quarter the to of be expect rate compensation. rules approximately to around XX% treatment due we first tax accounting equity Although, the
guidance the outstanding, million repurchases dilution fully of based an share is in diluted includes earnings offset to which Our XXX estimated on XXXX. expectation shares
However, our we will consider flow opportunistically cash repurchase shares. continue to to using
We In more basis. $XXX significantly gross on basis million as distribution were the store be expenditures net e-commerce approximately or in would a are XXXX concentrated center. capital and million as to new to million XXXX, million fulfillment. $XXX the on be make capital well capital regional expected continue or a and expenditures investments $XXX will $XXX business, about a which higher new include of in significant technology number openings gross net
investments long-term. please line We the the questions. operator, will your for are remarks. we're prepared interest Dick's that benefit set Sporting We open foundation will Dick's This and will making a prepare over our Goods. the great in And confident appreciate
