Earnings Feed

AAP

Consumer

Adjusted diluted EPS was $0.69, up from $0.62 in Q2 last year.
Adjusted gross profit was $880 million, representing a 43.8% gross margin, expanding by 16 basis points year-over-year.
Adjusted operating income was $61 million or 3.0% of net sales, with about 20 basis points of margin expansion.
Comparable sales growth was positive 0.1% for Q2, with a 25 basis points headwind from Easter timing shift.
Free cash flow was negative $201 million year-to-date, including $20 million in cash costs related to store optimization.
Pro channel grew in the low single-digit range and accelerated compared to Q1; DIY declined low single digits but stabilized versus Q1.
Q2 net sales were $2 billion, down 8% year-over-year, mainly due to store optimization completed in Q1.
Transactions declined in the low single-digit range, while ticket size improved compared to Q1.

VSCO

Consumer

Adjusted net income per diluted share was $0.33, significantly above the high end of guidance.
Adjusted operating income was $55 million, beating the high end of guidance by $20 million despite tariff headwinds.
Adjusted SG&A rate improved to 31.8%, better than guidance, driven by disciplined expense management and sales leverage.
Beauty segment delivered eighth consecutive quarter of growth with mid-single digit sales increases.
Comparable sales grew 4%, with growth across Victoria's Secret and PINK in both digital and in-store channels.
Gross margin rate improved by 20 basis points year-over-year to 35.6%, exceeding guidance by 60 basis points.
International net sales grew 22% year-over-year to $228 million, with strong retail comps and new store openings.
Net sales increased 3% year-over-year to $1.459 billion, despite a $20 million impact from a digital outage in May.

CAL

Consumer

Adjusted earnings per share were $0.35, down from $0.85 last year, including a $0.07 discrete tax benefit.
Brand Portfolio gross margin declined 240 basis points to 40.3%, impacted by tariffs and markdown reserves.
Famous Footwear gross margin decreased 130 basis points to 43.7%, due to deeper promotions and channel mix.
Gross margin contracted by 210 basis points to 43.4%, driven by tariff-related costs, inventory reserves, and promotional activity.
Inventory increased 4.9% year over year to $693 million, with 8.6% growth in Brand Portfolio and 2% in Famous Footwear.
Operating earnings were $16 million, with operating margin at 2.4%.
Second quarter sales declined 3.6% year over year to $658.5 million, with both Brand Portfolio and Famous Footwear segments down but showing sequential improvement.
SG&A expenses increased by $1.4 million to $269.7 million, deleveraging 170 basis points as a percentage of sales.