For the third quarter of Fiscal 2024 (the 13 weeks ending November 2, 2024), the Company expects:
- Total sales to increase in the range of 10% to 12%; this assumes comparable store sales will increase in the range of 0% to 2% versus the third quarter of Fiscal 2023;
- Adjusted EBIT margin to increase in the range of 60 to 80 basis points versus the third quarter of Fiscal 2023;
- Adjusted Effective Tax Rate to be approximately 25%; and
- Adjusted EPS in the range of $1.45 to $1.55, as compared to $1.10 in Adjusted EPS last year; prior year period excludes $7 million, net of tax, of expenses related to the acquired Bed Bath & Beyond leases.