Reports Q4 revenue $301.2M, consensus $295.5M. Lisa Harper, CEO, stated, "This past year, we focused on improving the health of our organization and made operational changes that have set us up to drive long-term growth in the business. I’m proud of our team’s accomplishments and we ended the year with Net Sales at the upper end of our expectations, a beat to our Adjusted EBITDA1 guidance, and improved inventory levels going into next year. We are pleased with the quality of our inventory and product moving forward, and we are starting to see our gross margin rates stabilize. Looking ahead, I believe we have the right strategies and priorities in place to deliver against long-term financial targets and drive shareholder value."
Published first on TheFly
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