Preliminary Fourth Quarter Fiscal 2020 Financial Highlights:
- Expects earnings per diluted share of $1.30 to $1.40; expects adjusted earnings per diluted share of $1.35 to $1.45.
- Expects comparable sales increase of 1.8%; including e-commerce growth of 35.5%; with strong post-holiday demand resulting in a January comparable sales increase of over 15% with positive store comparable sales and e-commerce growth of 60%.
- Estimates net sales of approximately $195.0 million compared with $209.4 million in the prior-year period, with 59 fewer stores.
- Estimates cash balance of $100 million with no outstanding debt at year-end; total liquidity of $140 million.
PR Newswire
NASHVILLE, Tenn., Feb. 19, 2021
