Reports Q4 revenue $180.4M, consensus $179.0M. Total comparable net sales, including both physical stores and e-commerce, decreased by 13.7%. "Our fourth quarter results exceeded our revised outlook ranges provided in early January," commented Ed Thomas, CEO. "Despite a disappointing year overall, the ongoing impacts of the current inflationary environment, and potential recession concerns ahead, we remain cautiously optimistic that we will be well positioned to improve our operating results in fiscal 2023 compared to fiscal 2022."
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly