"We remain focused on improving retail store profitability and are already seeing positive benefits from initiatives we put in place late last year," Highby said. "We have improved four-wall contribution and lowered inventory per square foot in our comp stores.
At the same time, we remain on track with our store expansion plans and expect to open a new store in Scarborough, Maine, on May 15 and another in Rapid City, South Dakota, in August.
We are committed to taking the necessary steps to improve our business across the board and are pleased with the traction we are getting with our initiatives to drive retail profit improvement. We remain confident our leadership position in the marketplace will afford us significant growth opportunities well into the future."
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.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
