The net loss at the 605-door action sports chain increased to $25,990,000 against a loss of $22,033,000 for the period ended Jan. 31. The Q4 operating loss improved to a loss of $7,418,000 as gross margin soared 610 b.p. to 26.0% and total sales rose 6% to $231,593,000. Sales of men’s and women’s products rose 7% and 4%, respectively. E-commerce sales increased 7% in Q4 to account for 9% of total revenues. AURs rose 10% as transactions fell 3% and merchandise margins increased a whopping 500 b.p.

The current Q1, non-GAAP outlook calls for comparable store sales growth of -1% to ... Log in to view full article.