Overview
- Adjusted EPS reached $1.40 versus the $1.31 consensus, on revenue of $9.67 billion versus $9.59 billion expected.
- Comparable sales rose 2.7% year over year, including U.S. growth of 2.4%, online growth of 3.5%, and international growth of 6.3%.
- Full-year guidance increased to revenue of $41.65 billion to $41.95 billion and adjusted EPS of $6.25 to $6.35, with comps now forecast to rise 0.5% to 1.2%.
- Net income fell to $140 million, or $0.66 per share, from $273 million, or $1.26 per share, a year earlier.
- Management cited strength in computing, gaming and mobile devices, and shares climbed about 3% in premarket trading.