Strong U.S. Sales Growth
Sales in the U.S. business grew 10.5% with comparable store sales up 7.1%, driven by both transactions and average basket size.
Progress in Canadian Market
Canadian business delivered 3.9% comparable store sales growth, marking the fourth consecutive quarter of sequential improvement.
New Store Openings and Expansion Plans
Opened 10 new stores in the quarter and expect to open 25 new stores in 2025, with plans to enter new markets such as North Carolina and Tennessee in 2026.
Improved Financial Metrics
Generated $70 million of adjusted EBITDA or approximately 16.4% of sales. Refinanced debt to significantly reduce interest expense and provide a more flexible capital structure.
Increased Active Loyalty Members
Reached approximately 6.1 million total active members in the loyalty program.