E-commerce Growth
E-commerce grew 23% year-over-year, with a compounded annual growth rate of 24% over the last three fiscal years. Grocery penetration is now above 9%.
Pharmacy Growth
Pharmacy grew 19% year-over-year, driven by GLP-one, core prescription volume increases, and share gains from competitor closures.
Loyalty Program Expansion
Loyalty membership grew 13% to over 48 million members in the second quarter, enhancing engagement and transaction frequency.
Digital Platform Success
Digital platforms drove significant increases in sales and engagement, with 23% e-commerce growth and enhanced AI-powered personalization features.
Capital Allocation and Share Repurchase
Announced a $750 million accelerated share repurchase, increasing share repurchase authorization to $2.75 billion, representing over 12% of the beginning year outstanding shares.