Revenue Increase
Revenue increased by 17%, with consolidated same store sales growth of 8.6%. E-commerce sales grew by 11.1%.
New Store Openings
13 new stores opened in the quarter, with a year-to-date total of 39 new units. 21 more store openings are planned for the fourth quarter.
Merchandise Margin Expansion
Merchandise margin expanded by 130 basis points due to supply chain efficiencies and better buying economies of scale.
Earnings Per Share
Earnings per diluted share reached $2.43, exceeding the guidance range and comparing to $1.81 in the prior year period.
Loyalty Program Growth
The number of active customers in the loyalty program increased to 9.4 million, a 15% increase over the prior year period.
Successful Holiday Season
Positive feedback from store associates regarding preparation and inventory availability contributed to a strong holiday season.