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EPS was $6.88, compared to the consensus estimate of $6.82. Comparable sales (sales for stores open at least 14 months and e-commerce sales) grew 9.3%, compared to an 18.0% growth in Q1/22. The growth was driven by an 11.0% increase in transactions and a 1.5% decrease in average ticket.
The company provided its outlook for the full 2023 year, expecting revenue in the range of $11-11.1B, compared to the consensus of $11.12B. Comparable sales are expected to increase 4%-5% year-over-year.
