Q: hi
can we get your quick thoughts on the incredible earnings, any significant forward looking statements from the company, buy more now?
can we get your quick thoughts on the incredible earnings, any significant forward looking statements from the company, buy more now?
5i Research Answer:
We cannot remember the last time was saw same-store sales growth at 22% (!).
EPS of 59c beat estimates of 39c; revenue of $812M beat estimates of $752M. EBITDA of $122.7M beat estimates by 40%. Sales guidence 2026 was raised from $3.1B to $3.3B, and capex guidance was also raised. Q3 guidance was also raised, but by a lessor degree. Revenue rose 32%, with e-commerce up 26%. 21.6% same store sales spiked from last year's 6.5%. Store count was 134, up 10%. US operations were very strong. A very nice performance here in a still-difficult overall environment.