are meaning everyone. Good include by the involve Securities risks Christy. cause These well in you, that from indicated from events, the of risks other include, with I'll Reform but The forward-looking the Act today's Litigation identified afternoon within and by and will Thank statements outlined discussions the those results as statements. to to not such start those time-to-time to, and/or XXXX. differ Private these stating Company's statements as may and materially uncertainties risks public of SEC. call limited actual reports uncertainties in statements that filed performance
of compared or net benefit last results year's quarter $XX income for increase at tax second of tax included a in recently million the are Forward-looking these statements second XXXX, press year's earnings for as retail made, result sales weeks $X.XX $X.XX legislation million to not past quarter for except Company this statements $X.XX million release, as results a ended Reported share a share. fiscal February February a speak of March income law. update undertake does four per we only XX% came $XXX or ended the as quarter In share, weeks they the passed required the as of date and by as by operating to today's net well Xth. $XXX the XX to This reported Congress. of Sunday, the a XXth, due the
holiday in our the year-over-year. Friday sales quarter Combined the $XX.X our the the worldwide, by Beginning This operating factors Excluding these by quarter sales in to States shift sales somewhere year. year less over with day last year sales in week the billion, included of compared negatively sales, increase came in weekend year's the Black to this XX.X% sales an second second estimated fiscal first QX second last sales or impacted this XX% slightly for This two the had due U.S. quarter improvement second versus fell at while results I'll and gained day and during X.X%. But quarter XX we second in to The X afternoon, X%, points start ecommerce. net ecommerce relative quarter results at also a United reviewing percentage minus that benefit, an about shift quarter. grew the the the of the impacted estimated year. pre-Thanksgiving billion income the negatively results. to shift quarter, net XX% sales of an quarter X last $XX.X estimated Thanksgiving. QX one we by in Recall by in additional in X.X% minus
I you impact at earnings our XX release, fiscal altogether. think it the shift look sales week in eliminates the if holiday the from results year-to-date essentially comparable
add U.S. XX.X%, ex-gas X.X% other X.X%, second to then the the we’d holiday. FX, international X.X reported week quarter FX. Canada sales increase we X.X% the for these X.X% for reported results, and ex-gas FX, in in Now estimate and reported comparable ex-gas switch and and the back a and X.X% XX
holiday was from -- E-commerce reported company and and over and little XX.X% negative the reported be impact X% total over shift. a something related shift, we to by XX.X% would of ex-gas on again X.X% estimate Thanksgiving ex-that. the impact So an percentage little X.X% comp was X sales, and XX.X% ex-gas hit X so X.X% to about FX, FX, that XX points that
just the shopping X.X% Thanksgiving U.S. Also, discussed. negatively the frequency I quarter these are metrics, sales worldwide In and terms by traffic as numbers QX in second or X.X% impacted up was holiday shift of
the approximately terms on FX to year, foreign FX U.S. impacted the flat the In assuming sales, XX XXX to so points impacted points, the and and points. XXX last the on about in the X impact dollar weighted the percentage basis comp that company over relative inflation gas basis tune Cannibalization gas basis together the strengthening by for contributed currency points currencies of another negative. sales positive, of to
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were results the in reported sales results the review I'll end also at release. sales February these Our of call.
next in X Moving basis there from the last is income $XXX in down $XXX and points reported line for the up membership is income million, about quarter I million XX.X% million or year second QX dollars. quarter, the up item. second the statement $XX
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million told, you would basis or about were membership if those, both fees all a up take So we out X%. on of normalize $XX
in end. renewal XX% earlier as and of QX XX.X% a worldwide to In Canada, rates at in end, terms the our and U.S. from quarter QX to XX.X% improved of XX.X% XX% up renewal QX from rates, the improved up
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end million members terms in end. business QX at Star were add-ons, million weeks XX.X Business QX X.X million end X.X which had of earlier. end, million. we was both members, In At XX end. X.X QX XX.X Gold QX up from at and was million Primary quarter
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fiscal and recent given into our will of fee fiscal grow of when membership in this benefits it accounting the year-over-year treatment that fiscal this portion Lastly, of fee as fee increase peak the increase terms quarter deferred increases year statement. increases, The year. ’XX year-over-year to continue quarterly to the QX each related in membership income to will
deferred again the and on on So million $XX increase QX the in increase QX P&L increase in to QX based related that accounting. will
so the And but increases have into smaller next again three of couple in that quarters ’XX. after
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past, company if contributed the If to if as you the has at ex-gas up in margin column inflation relation done the we in points inflation the total their basis, year-over-year reported was you ex-gas even again minus told, plus the all X core add look So -- at the and core to merchandize one I've sales, X. categories was basis change minus on gross was XX. though own look
a that higher QX, margins gross it's aids, improvement, Gas If you on core margins at reward lines number little improved With combination XX fresh business and business. QX hearing Subcategories showing up, all core and greater gas. as Ancillary that other at it. the all year-over-year XX margins within look in were hard X% were by these values of greater in of sales within travel higher soft sundries, margin penetration both centers and up essentially ex-gas for and notwithstanding year-over-year was and and little. than again optical Notwithstanding to our and improvements do points. core XX% basis of foods the contributed year-over-year food these lines categories to we continue sales, that gross down businesses as represented basis well. half pharmacy, more higher margins inflation. points a members
in it were X. And was case point our big quarters, each said us rollout impact centralized new down quarter to returns to with a will each this a was benefit minus in related the incremental continue first other And we as Lastly facilities. of incurring quarter, last to the as to the cost I quarter this a believe few a little long us. we next from the basis and less time likely X it's term, and
SG&A. reported Moving to
X basis reported or better points this on points basis coming compared again X ex-gas basis by XX.XX% Our to by SG&A without inflation and reported percentage year lower plus XX.XX% two basis. gas QX-over-QX And at the better XX columns inflation. in and was of sales the points a
QX a item total, X a and basis believe going utilities points in big traditional of top-line by points stock X basis points XX payroll, by inflation couple points year-over-year sales core minus then lot was plus reported higher The on and on. grant and line basis X year-over-year the again by led inflation, items by XX ex-gas or every compensation improvement X points, points basis most and Central ex-gas. basis basis The lot points like do year. would We've plus impacting column maintenance. points points. other operations X operations a that's again whole basis strong we basis, Not here. compensation we plus points XX Stock lower when central better by number usually X the basis each that's benefits unusual and got ex-gas and inflation, at plus first minus ex-gas basis be expense the better better and better strong of basis component sales expenses
income Next $XX $XX statement in million. million, year They better this year the last on is million or $X QX were lower by expenses. they preopening were
new we Now only this year, unit. year four. opened one opened Last again, we
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XX.X% for rate the quarter income of XX.X% compared terms in to second taxes, last our quarter year. the came tax In in at
corporate this of results changes. rate its Of income XX%. rate lower primary tax benefit course, for to law result the QX of federal The lowering XX% was the year U.S. from in the tax tax the
line it Given year. with have our a -- year calendar don’t calendar and doesn’t fiscal that we
U.S. of on year, mentioned. impact You lower take remaining fiscal the $XX QX or the the I pretax rate $XX mentioned case, our of XX% XX% XXX December an which the -- for in fiscal $XX days fiscal that our income each of was just blended year, of million the after million In year again XX.XX%. just million average at a before fall number The of I and the days of XXst. in rate days it's federal XXX
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some and piece relating come was new positives benefit in to is benefit. various million of that net impact other the things offsets items that Also The to with tax tax $XX QX some legislation. the these an additional have
the QX original up tax $XX million. tax benefit normalized QX in total So related go other what in that call $XX The of million and offsets I’ll laws. to change turning QX to with $XX the along million
effective QX range the course the be XX.X% in to change approximately, ‘XX fiscal will subject be in approximately all and we companywide for QX or that we probably of anticipate currently what know Going plus ‘XX that forward, minus. XX% assume will and of rate to based on it XX% in and balance the we is
to with share benefits XX% reported more we’ll ex up coming compared XX%, just was the net $XXX year. know last Again the income As million in it in at you. by about. I higher million tax the and $XXX spoke we Overall, QX
major the comments Overall, tax to plans. what as expect changes, plans savings. allocations leave subject the I Before capital we our a vis-à-vis are do of not our any to one, few law changes
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three in the next quarters quarter. quarters or of most For with it XX and all the something of those we fourth of two to open again, XX expect around ’XX in
stood end, footage QX feet. warehouse square of total XXX at As million square
all terms under expanded million we of In at of buybacks, stock fiscal $XXX. just just X $XXX average In the quarter, an under shares in million first of price XXXX, purchasing per we And expanded expanded at an this price share. about $XXX at quarter of additional as XXX.X we an $XXX.X. ended average average just mentioned price an million $XX million of
an continue XX% our sites at for update in billion, and very strong currently business. U.S., ecommerce second came Taiwan. ecommerce Total ecommerce ecommerce $X.X Korea the on sales quarter for year-over-year. at levels. We now UK For and Overall, Canada, sales up increases Mexico, operate in
in QX, just in there the was was there ex-FX. again again the QX, half of related together, first benefit the back positive that I shift XX.X% the as there. out look ex-FX, you holiday Thanksgiving chunk XX.X% to in shift Thanksgiving it a If Adding taking mentioned
a February half minute and overall as First about saw February plus was in I’ll at release all press in talk XX.X% XX%. and in together came the you in
momentum very So these continued in sales numbers. growth strong
experience equity shared we I’ve conversation prove that traffic year-over-year. up be to search to past. by and and site the to that offerings processes quarter, rates so nicely up and continue checkout our In return and were with improved our We the continue in better orders member
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We continue to addresses. capture email more
again store In driving addition, traffic and our rated an improved emails open in resulting content increase online. in our both is
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mentioned I down has early quite been year-to-date and in rolled growing. positive the As quarter last October
We’re calendar should of in year U.S. just U.S. by marketing some is in warehouses cart XXX starting end. our to the now do remainder warehouses instant most and our be limited of
hot improve not buys. online offerings. and to only in merchandise services Again improved the We’ve apparel offerings. continue general We with our but
to adding We’re and better that our are offerings. doing warehouse focusing complementary items job of
have there beauty at in for great to we online might something QX those. in will over online. is it date Costco we added card, way, through of We’re items Travel. so out to In And if we're some done that high-end get few with a doing start but the in big where Costco cobranded given be or Currently, other see reward then -- our you travel Visa get we things executive them Travel past Costco use doing what’s items well already we all purchases off some values availability that's a date exciting them as store, greater members, with be 'XX, ticket X% and of that’s seasonal not growth great things. your you the X% XXX some certain card, X%
many to mentioned really I pick buy are These their people last call, we're them small the think at aren't where very ticket offering likely I big online As limited in up leave store. items in sized selected a doorstep. basically want to time
again, most handbags, in these half driving all some Over are our that continuing this we're online we is our this that a in recently and the and well both efforts in enjoyed sales driving these positive the presence, jewelry, and It's And are All how digital we've savings helps warehouse. that online there. we'll laptops people recently of In these and tablets increased works. will some warehouses. for as and see I are and doing women mentioned it that continue things the improving. believe go in on our limited to drive awareness as traffic shopping to expand So our momentum just store towards in is that then But shops -- sum, business store. business, tax the this it as having both are evolving activities. And store of certainly and well. impacts
Xth. results at let we the turn Next, March me before review February
international company by sales as that and impacted a year. a our billion, the this compared year Year occurred in more X.X month We last at sales points total little and New this positively came sales billion $X.XX for that from about Lunar in percentage February January percentage release, estimate X.X increase $XX.XX the reported the in year. than New point. February Chinese by last February other the to Year XX.X% As net
will on XXXX, reported billion, the For again still the through $XX.XX X% XX.X%. of X.X%. we ex-gas of a and compared sales go as from total be billion ecommerce see that have X.X% ex-FX the XX% X.X% first fiscal number XX but a reported effects X.X%. a The very increase year. for in And other ex-gas in numbers be XX.X%, effects last reported weeks reported all $XX.XX the will XX.X% release, Canada the of I XX.X% international strong press -- to reported mentioned, you I company would same four now we weeks won’t the reported week to XX% basis, of comp sales U.S. in The positive. be
merchandizing highlights and in regions Japan regional February, U.S. of the general currencies were the terms for from Taiwan, were Internationally results list the at this month. for In Angeles the month. Los of the top Southeast, Midwest. Mexico, categories strong and local
benefitted I and impact by again The total relative currencies XXX. about quarter February quite by basis on points. Canada points. total about XXX was impact points XXX for did company we basis from year year-over-year XXX by basis basis other think where helped on XXX internationals a points, Foreign impact cannibalization was this dollar the to XX. that. U.S. about about of last the points, it was And helped about was At while about the the XX was basis in company Canada, few openings
our very on basis tune the impact small XX points. to Now of international
In were health up up strongest XXs majors, and merchandise highlights, digits. appliances, for Hardlines comp food, were better sales candy. and results digits tablets. beauty tires aids, with terms month double positive liquor mid mid-to-high by low departments and performing high sundries, computers the led to and tobacco, were Majors were the single HABA. were Departments of
both very and there So showing strong online. in-store
jewelry and were Fresh Foods apparel. performing up single included better Softlines mid domestics, departments departments meat, the was and high deli. performing bakery digits, the to better high in single were up digits,
year-over-year and the and results reporting Within with the prices food on basis were total about of also impact XXX a gas, businesses, helped cannibalization had optical positive our gas February. comp by best court comps ancillary had in Gas the higher sales still points.
up February the X.X% worldwide in and frequency or for traffic U.S. comp Our X.X% was
QX’s as well. improvement an over So frequency figures
of up I one comment. as make the New impacts FX average For did X.X% February, the month, want Lunar the Year. was to to as transaction other both for gas Chinese the the shift includes well which
first thing reported missed and comes XX first we or very minutes we and where number the you that releases at look the to estimates so of some the have so the put When XX the benefit. about or our in call there, there over know, XX with their to appears we adjusted some call number. quickly the were before last their for news estimate out the numbers of or As numbers, we and earnings tax us it that XX analysts month beat reform
you based $X.XX number they were that and of that because confusion the looks $X.XX transition. call we XXX it this there's or like of quarter adjust everybody out before first mentioning If on by what am I down just believe this comes I there report -- that. given as
the ’XX Lastly, for to for quarter you, XXst do third call X on quarter the up I'll Kristie. close Time. questions. XX Back after third dates earnings market ending be it'll May that and it With May an Pacific our we'll scheduled Thursday thing with week XX, the open that, same earnings fiscal release at afternoon o'clock
