— Total net sales decreased 7.7% annually to $3.38 billion from $3.67 billion in the fourth quarter of 2018, vs. $3.44 billion expected
— Comparable store sales dropped 7% during the three-month period, while adjusted comparable store sales dipped 4.7%
— Expects comparable store sales to decline between 3.5% and 4.5% in fiscal 2020
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— Expects cost of goods sold, as a rate of net sales, to improve by 100-130 basis points in 2020
— Looking for 5-10% year-over-year increase in full-year adjusted EBITDA; expects free cash flow to be positive