Thank you, Barbara.
by and by levered XX increased due basis Domestic As by store basis of of the XX to quarter. ocean these costs Partially basis improved packaway-related margin points, higher period previously points, costs. traffic. timing mainly freight stated, point higher driver from points, wages. occupancy higher from respectively. XXX points, store a driven by improved and was XXX by the XXX-basis Operating freight costs.
Distribution SG&A XXX increased quarter, costs by costs offsetting the X% XX that incentives. incentive for increase, primarily points mainly were primarily basis driven and goods in benefits favorable sold basis in increased Cost with XX basis lower main XX.X%. comparable to sales higher margin the rose primarily expenses buying points Merchandise
for of million. of we the buy third We for shares aggregate quarter, the million of million cost on $XXX common in total a stock X.X back an During repurchased year. to $XXX track remain stock
fourth Now let's quarter discuss guidance. our
geopolitical persistent more inflation volatility, macroeconomic recently, uncertainty. and face to continue We
most versus quarterly quarter. against addition, we in comparisons In XXXX are the up fourth difficult our sales
prior the hope we our to do we is fourth for sales and to a a better, and believe result maintain quarter. it business prudent forecasting cautious our approach while As in reiterating guidance
of including projected weeks plan we to ending XXXX, be for to X% X%. XXXX, the up share XX, January same-store impact ending year-to-date timing weeks in million on sales share XX compared for of $X.XX X, XX%, for earnings assumptions operating weeks in Earnings include our quarter of per Incorporated week to the are grow This and be both sales full last February range includes quarter share fourth range statement our $X.XX fourth per fourth be the an versus share to per third estimated ending projected XX the X% fourth $X.XX $X.XX the following: in fiscal $X.XX in results guidance this to of the year from and expected an benefit from XXXX.
The forecast, approximate guidance $XXX continue benefit now quarter.
Based quarter of $X.XX earnings are the the XXXX, from For is that the to the guidance our week. February range the to an X, XX XXrd estimated to XXXX. are support expenses quarter Total year. to to the unfavorable $X.XX XXrd per $X.XX that benefited in
in be This to XX.X% XX.X% point year. range versus includes XX-basis the last XX.X% We extra a from benefit the range expect margin of to week. operating
from though planning this for are the freight lower given margins, We year. higher earlier moderating improvement ocean merchandise cost,
due rates million In income to are forecast cash be benefit to timing higher Net compensation. costs domestic margin. about expected continue estimated on favorable and addition, incentive $XX freight interest balance. as benefit lower higher Partially is for our offsetting we lower interest are distribution to costs, partially from these packaway to
to is average rate XXX million. to weighted shares be projected are tax diluted approximately XX% to expected be and outstanding about Our XX%,
the turn comments. Now to closing back Barbara for call I'll
