Store traffic in the past week has fallen by “at least double digits” in all markets as coronavirus awareness has ramped up, though e-commerce sales have improved, the teen retailer said on its Q4 conference call. TLYS declined to provide Q1 or full-year guidance, saying the ultimate impact from COVID-19 on consumer behavior, traffic, deliveries and staffing was “unknowable” as the pandemic spreads. First quarter-to-date comps are up low-single digits overall, with stores off low-singles and e-commerce rebounding to up high-singles on an improved assortment.

As for its Q4 results, net income declined 28% to $6,273,000 from $8,677,000 on revenues that ... Log in to view full article.