The company said total revenue for the quarter ended August 3, 2024 was $25.5 billion, up 2.7% from the year-earlier period, and operating income was $1.6 billion, 36.6% higher than a year earlier.

10-QQuarterly reportFiled Aug 30, 2024Period of report Aug 3, 2024Summary published (UTC) Oct 23, 2026

Key points

AI summary

The company said total revenue for the quarter ended August 3, 2024 was $25.5 billion, up 2.7% from the year-earlier period, and operating income was $1.6 billion, 36.6% higher than a year earlier.
The company said comparable sales rose 2.0% in the quarter, reflecting a 3.0% increase in traffic and a 0.9% decrease in average transaction amount.
The company said its gross margin rate for the quarter was 28.9%, compared with 27.0% in the year-earlier period, and its SG&A expense rate was 21.2%, compared with 20.9% a year earlier.
The company said operating cash flow for the 6 months ended August 3, 2024 was $3.3 billion, cash used in investing activities was $1.3 billion, and it paid dividends of $1,017 million and returned $155 million to shareholders through share repurchases.

Key figures

Quarter ended August 3, 2024

Revenue: $25.5B
Operating income: $1.6B
Net income: $1.2B
EPS: $2.57

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

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

Quarterly Total Revenue and Operating Income

The company said total revenue for the quarter ended August 3, 2024 was $25.5 billion, up 2.7% from the year-earlier period, and operating income was $1.6 billion, 36.6% higher than a year earlier.

Source · Based on the MD&A text of the filing

Comparable Sales Traffic and Average Transaction Amount

The company said comparable sales rose 2.0% in the quarter, reflecting a 3.0% increase in traffic and a 0.9% decrease in average transaction amount.

Source · Based on the MD&A text of the filing

Gross Margin Rate and SG&A Expense Rate

The company said its gross margin rate for the quarter was 28.9%, compared with 27.0% in the year-earlier period, and its SG&A expense rate was 21.2%, compared with 20.9% a year earlier.

Source · Based on the MD&A text of the filing

6-Month Cash Flow, Dividends and Share Repurchases

The company said operating cash flow for the 6 months ended August 3, 2024 was $3.3 billion, cash used in investing activities was $1.3 billion, and it paid dividends of $1,017 million and returned $155 million to shareholders through share repurchases.

Source · Based on the MD&A text of the filing

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.

View the original filing on SEC EDGAR ↗

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