Q: Please comment on the quarter
5i Research Answer:
EPS of $1.16 beat estimates by less than 1%. Sales of $1.72B were 2% better than consensus. EBITDA of $588.5M beat estimates by 3%. Guidance was mostly maintained, though same store guidance of 3% to 4% may disappoint investors as consensus was 3.98%. But same store sales were 4.9% in the quarter, one point ahead of estimates. Total sales rose 10.3%, benefiting from the Reject Shop acquisition and with more stores outstanding. 70 to 80 new stores are planned for fiscal 2026. We would consider the results good, but likely reflected in the 37% gain in the stock already this year.