The company said consolidated revenues for Q2 2024 increased $73.1 million, or 7.1%, compared with Q2 2023. The company cited higher supply chain and U.S. stores revenues as the drivers of the increase.

1. 01

   The company said consolidated revenues for Q2 2024 increased $73.1 million, or 7.1%, compared with Q2 2023. The company cited higher supply chain and U.S. stores revenues as the drivers of the increase.

2. 02

   Global retail sales excluding foreign currency impact rose 7.2% in Q2 2024 compared with Q2 2023, the company said. U.S. same store sales rose 4.8% in the same quarter, and international same store sales excluding foreign currency impact rose 2.1%.

3. 03

   As of June 16, 2024, the company said it had no outstanding borrowings under its 2022 and 2021 Variable Funding Notes, and available borrowing capacity of $278.9 million, net of letters of credit issued of $41.1 million.

4. 04

   The company said it repurchased and retired 56,372 shares for about $25.0 million and paid dividends of $53.1 million over the 24 weeks through Q2 2024. As of June 16, 2024, about $1.12 billion remained available under its share repurchase authorization.

Key figures

Quarter ended June 16, 2024

Revenue

$1.1B

Operating income

$196M

Net income

$142M

EPS

$4.03

Gross profit

$437M

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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.