- A 3% increase in comparable store sales
- Merchandise gross margin improvement of 70 basis points of sales
- Operating expense leverage of 70 basis points of sales
- Repurchase of $134.6 million (2.1 million shares) of Class A Common Stock
My investing methodology is anticipatory rather than reactionary because I base trades on my fair market value calculations instead of price trends.
Retail is struggling mightily.