Loading...
The company maintained flat revenue year-over-year but saw sharp declines in net income, EPS, and adjusted EBITDA. Despite the financial slowdown, expansion efforts continued with new store openings and international growth.
Revenue was flat year-over-year at $557.4M, increasing by just 0.05%
Net income dropped to $11.4M from $40.3M in Q2 2024
Adjusted EPS declined to $0.40 from $1.12 a year ago
The company opened 3 new domestic stores and expanded internationally with a second franchise store in India
No specific financial guidance was provided, but leadership transition and expansion efforts suggest a focus on long-term growth amid near-term sales softness.