Net loss was $24.5 million, or $0.23 per share, compared to net income of $194.9 million, or $1.90 per share, last year. Adjusted EPS grew 7% year-over-year to $2.76.
Revenue and earnings beat estimates.
For fiscal year 2025, net sales is expected to increase 8.5-9.5% compared to the previous year. Comparable sales is expected to increase approx. 1-2%. Adjusted EPS is now expected to range between $9.70-10.10 versus the previous range of $9.60-10.00.
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The earnings beat and guidance hike sent the stock climbing over 6% in premarket hours on Tuesday.
Prior performance
