Strong EPS Growth
Consolidated EPS of $2.18, significantly up from last year due to sales growth, managed margins, and disciplined operations.
Positive Sales Momentum
Retail sales were up 4.7%, with notable growth in discretionary spending, which was positive for the first time in three years.
Loyalty Program Success
Triangle loyalty program showed increased customer engagement, with loyalty penetration at 54.5% on a rolling 12-month basis.
SportChek and Mark's Banner Performance
SportChek sales increased by 6.3% and Mark's by 2.2%, showing strong growth in specific categories.
Robust Financial Position
The company announced the sale of Helly Hansen, delivered earnings growth to retail ROIC above 10%, and reinitiated buybacks.
E-commerce Growth
E-commerce growth outpaced bricks and mortar, driven by improved online experiences and expanded delivery options.