Smart & Final Stores (SFS) Misses Q4 EPS by 4c, Offers Guidance
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Smart & Final Stores, Inc. Reports Fourth Quarter and Full Year 2018 Financial Results
March 13, 2019 4:15 PM EDTCOMMERCE, Calif., March 13, 2019 /PRNewswire/ --Â Smart & Final Stores, Inc. (the "Company") (NYSE: SFS), the value-oriented food and everyday staples retailer, today reported financial results for the fiscal fourth quarter and full year ended December 30, 2018.
Fourth Quarter Highlights:
Net sales increased 3.2% to $1,102.4 million with a comparable store sales increase of 1.9% Gross margin increased 2.9% to $169.2 million Adjusted EBITDA of $41.5 million Net loss of $121.8 million or $1.66 per share, reflects non-cash valuation charges including goodwill impairment Adjusted net income of $6.0 million or $0.08 per share... More