Q: If they announced earnings can you please review.
Sheldon
Sheldon
5i Research Answer:
EPS was 71c, vs estimates of 50c; sales $16.3B vs estimates $15.81B. US merchandise and service revenue rose 13%, Europe 2.5%, Canada 9%. EBITDA rose 17% to $1.32B, ahead of $1.06B expected. Total revenue fell 1% but profit rose 1%. With recent acquisitions (Total Energies) not included in numbers yet, the outlook remains solid here, and ATD notes it is seeing a more positive M&A environment right now.