The red ink expanded 18% to a loss of $21,254,000 in Q1 from an $18,066,000 loss prior, despite a 2% improvement in sales to $249,103,000 from $244,240,000 and +2% comps, lapping a 14% drop last year. Same-store sales were positive for the first time in nearly four years, and e-commerce sales increased by 8%. SPWH maintained its full-year guidance for sales between down 1.0% and up 3.5%, driving adjusted EBITDA of $33 to $45 million. CapEx of $20 to $25 million will mostly go towards technology investments in merchandising and store ... Log in to view full article.