Overview

• Adjusted earnings per share reached $1.86 in the second quarter, topping Wall Street estimates near $1.57 to $1.58.
• Quarterly revenue came in at about $10.7 billion, slightly ahead of expectations.
• Comparable sales rose 2.8% on increased traffic and higher spend per trip.
• New full-year guidance calls for net sales growth of 4.3% to 4.8% and EPS of $5.80 to $6.30, up from prior targets, with management citing Q2 outperformance and a stronger outlook for the second half.
• Shares rose roughly 6% in early trading and are up about 46% to 47% year to date, as the company notes ongoing risks tied to tariffs, inflation, and shifting consumer behavior.