Revenue: As of FY2026 Q3, the actual value is USD 103.46 M, missing the estimate of USD 105.47 M.

EPS: As of FY2026 Q3, the actual value is USD -0.16, beating the estimate of USD -0.46.

EBIT: As of FY2026 Q3, the actual value is USD -255 K.

Segment Revenue

• Net Sales: $103.5 million for the 13-week period ended November 1, 2025, compared to $114.4 million for the same period in 2024, a decrease of 9.6%.
• Net Sales: $260.8 million for the 39-week period ended November 1, 2025, compared to $292.5 million for the same period in 2024, a decrease of 10.8%.

Operational Metrics

• Gross Profit: $21.1 million for the 13-week period ended November 1, 2025, compared to $32.1 million for the same period in 2024, a decrease of 34.3%.
• Gross Profit: $53.8 million for the 39-week period ended November 1, 2025, compared to $76.9 million for the same period in 2024, a decrease of 30.0%.
• Operating Loss: $2.0 million for the 13-week period ended November 1, 2025, compared to $2.4 million for the same period in 2024, a decrease of 16.7%.
• Operating Loss: $31.3 million for the 39-week period ended November 1, 2025, compared to $23.2 million for the same period in 2024, an increase of 34.6%.
• Net Loss: $3.7 million for the 13-week period ended November 1, 2025, compared to $7.7 million for the same period in 2024, a decrease of 51.8%.
• Net Loss: $35.7 million for the 39-week period ended November 1, 2025, compared to $31.0 million for the same period in 2024, an increase of 15.1%.

Cash Flow

• Net Cash Used in Operating Activities: $36.0 million for the 39-week period ended November 1, 2025, compared to $39.0 million for the same period in 2024.
• Net Cash Provided by Investing Activities: $8.1 million for the 39-week period ended November 1, 2025, compared to net cash used in investing activities of $1.6 million for the same period in 2024.
• Net Cash Provided by Financing Activities: $30.5 million for the 39-week period ended November 1, 2025, compared to $43.6 million for the same period in 2024.

Unique Metrics

• Gain on Sale of Internally Developed Intangible Assets: $10.0 million for the 13-week and 39-week periods ended November 1, 2025.
• Tornado Expenses: $2.0 million net of insurance proceeds related to damages caused by the tornado in the second quarter of 2025.

Future Outlook and Strategy

• Core Business Focus: The company plans to improve its operating results and liquidity through sales growth, cost reductions, and additional financing. The cost-savings initiatives included a reduction in corporate overhead, store payroll, marketing, and third-party technology expenses.
• Non-Core Business: The company has executed a series of debt, equity, and asset sale transactions with Beyond to increase its liquidity position. This includes a $20.0 million delayed draw term loan to support the company’s store conversion strategy.
• Priority: The company emphasizes strategies with concrete projections or quantitative indicators, such as the $10.0 million received from the sale of the Kirkland’s brand name to Beyond and the $20.0 million delayed draw term loan commitments.