Gordman's Stores (GMAN) Reports In-Line Q4 EPS; Guides for Q1 Loss

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Go back to Gordman's Stores (GMAN) Reports In-Line Q4 EPS; Guides for Q1 Loss

Gordmans Stores, Inc. Announces Fourth Quarter 2015 Results

March 18, 2016 7:00 AM EDT

OMAHA, NE -- (Marketwired) -- 03/18/16 -- Gordmans Stores, Inc. (NASDAQ: GMAN), an Omaha-based apparel and home dcor retailer, today announced results for its fourth quarter (thirteen weeks) and fiscal year (fifty-two weeks) ended January 30, 2016.

Fourth Quarter Highlights

Net sales increased 0.9% to $205.7 million compared to $203.9 million. Gross profit increased 30 bps to 38.0%.

Fiscal Year 2015 Highlights

Net sales increased 2.3% to $649.0 million compared to $634.6 million. Gross profit increased 60 bps to 42.3%. Six new stores were opened in three new markets, including one new... More