Overview

• Fiscal Q4 revenue came in at $86.16 billion with adjusted EPS of $5.87, surpassing consensus estimates.
• Comparable sales rose 6.4% overall; U.S. comps increased 6.0% versus roughly 6.1% expected, while Canada grew 8.3% and other international markets 7.2%.
• Membership fee revenue climbed about 14% to roughly $1.72 billion, and total cardholders increased a little over 6% year over year.
• Executives said customers were very choiceful on discretionary purchases, prompting merchandising shifts toward essentials.
• Shares fell roughly 2% to 3% intraday as several brokers tweaked price targets yet mostly maintained Overweight or Outperform ratings.