Earnings GuidanceFY'24 EPS guidance midpoint slightly below street expectations, with management expecting $3.75-$4.00 versus consensus of $4.00.
Financial PerformanceForecasted merchandise margin decline in the first quarter due to continued headwind from co-brand credit card program.
Market ExpectationsDespite solid Q4 performance, there's limited upside to earnings per share anticipated for the year, which may temper investor enthusiasm.