Reports preliminary Q1 revenue $1.424B, consensus $1.42B. For the first quarter ended May 3, 2025, net sales were $1.424B, an increase of 3% compared to the prior year period. Earnings per diluted share were 49c for the first quarter of 2025, compared to 38c last year. “First quarter 2025 sales were at the high end of the guidance range, and earnings per share exceeded the high end of the guidance range. Forward-looking guidance reflects the impact of the initial 10% tariff on goods imported from China and excludes potential impacts from other possible tariff changes,” the company stated.
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