Revenue and Profitability Trends:
- Revenue Growth: Q4 2025 revenue increased by 17% YoY to $454 million.
- Same-Store Sales Growth: Consolidated same-store sales grew by 6%, with retail store sales rising by 5.5% and e-commerce sales by 9.8%.
- Net Income: Increased by 27.5% to $37.5 million, with a corresponding EPS of $1.22.
- Operating Income: Rose to $50 million, representing 11% of sales, compared to 9.8% in the previous year.
Balance Sheet Strength:
- Total Assets: Stood at $2,018 million, with $70 million in cash and zero drawn on their credit facility.
- Debt Levels: Total debt of $563 million, translating to a decent debt-to-equity ratio at 0.498.
Cash Flow Performance:
- Free Cash Flow: Negative at -$83 million, primarily due to high capital expenditures and working capital changes, yet bolster growth through store expansion and inventory sourcing adjustments.