AI English summary of an SEC filing — figures as filed
The company said that Enterprise revenue for the 14-week Q4 quarter ended February 3, 2024 was $14,646 million, and that Enterprise comparable sales declined 4.8%. Revenue for the prior year's 13-week Q4 quarter was $14,735 million.
Key points
AI summaryThe company said that Enterprise revenue for the 14-week Q4 quarter ended February 3, 2024 was $14,646 million, and that Enterprise comparable sales declined 4.8%. Revenue for the prior year's 13-week Q4 quarter was $14,735 million.
The company said GAAP diluted EPS for Q4 was $2.12 ($2.23 a year earlier), and Non-GAAP diluted EPS was $2.72 ($2.61 a year earlier). Net earnings for Q4 were $460 million ($495 million a year earlier).
The company gave FY25 guidance for revenue of $41.3 billion to $42.6 billion, comparable sales of 3.0% to 0.0%, and Non-GAAP diluted EPS of $5.75 to $6.20. The company estimated that the extra week in FY24, which has 1 weeks, added approximately $735 million in revenue.
The company recorded restructuring charges of $169 million in Q4 and said it returned a total of $1.1 billion to shareholders, including dividends of $801 million and share repurchases of $340 million. The quarterly dividend is being increased 2% to $0.94 per share.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Q4 Revenue and Comparable Sales for 14-Week Period
The company said that Enterprise revenue for the 14-week Q4 quarter ended February 3, 2024 was $14,646 million, and that Enterprise comparable sales declined 4.8%. Revenue for the prior year's 13-week Q4 quarter was $14,735 million.
Source · Based on the filing body and exhibits
GAAP and Non-GAAP Diluted EPS
The company said GAAP diluted EPS for Q4 was $2.12 ($2.23 a year earlier), and Non-GAAP diluted EPS was $2.72 ($2.61 a year earlier). Net earnings for Q4 were $460 million ($495 million a year earlier).
Source · Based on the filing body and exhibits
FY25 Outlook (Guidance)
The company gave FY25 guidance for revenue of $41.3 billion to $42.6 billion, comparable sales of 3.0% to 0.0%, and Non-GAAP diluted EPS of $5.75 to $6.20. The company estimated that the extra week in FY24, which has 1 weeks, added approximately $735 million in revenue.
Source · Based on the filing body and exhibits
Restructuring Charges and Shareholder Returns
The company recorded restructuring charges of $169 million in Q4 and said it returned a total of $1.1 billion to shareholders, including dividends of $801 million and share repurchases of $340 million. The quarterly dividend is being increased 2% to $0.94 per share.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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