Consensus $11.82. Raises FY24 revenue view to $83B-$83.5B from $82.7B-$83.2B, consensus $82.99B. Raises FY24 comparable sales view to down 3%-3.5% from down 3.5%-4%. Sees FY24 capital expenditures $2B. Sees FY24 adjusted effective tax rate 24.5%. The company said, “Based on third quarter results and anticipated modest storm-related demand in the fourth quarter, the company is updating its outlook for the operating results of full year 2024.”
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