Q: Thoughts on the Q?
thank you.
thank you.
5i Research Answer:
Sales in Q4 of $2.1 bln beat estimates of $2.08. EPS of $1.43 beat estimates of $1.42. In 2027, the company expects same store sales growth of 3% to 4% and opening 60-70 net new stores. The quarter itself looked fine but the outlook for 2027 revenues was less than markets were expecting, leading to the weakness.