few well in this quarter Jackie. a results discuss will for as our I Good the morning, everyone, open for briefly thank up some as you Thanks, we'll first, updated and minutes. the for questions year. cover guidance the joining us. But for
exclude in release. A can that excluded the today's the GAAP complete non-GAAP from of discussing I'm non-GAAP as of today as charges outlined For as a detail sake of release. press be to in found clarity, numbers numbers the numbers non-GAAP are reconciliation well all and items
quarter, For the revenues totaled year our $XX.X prior the third million million to compared $XXX quarter. in third consolidated
third million diluted diluted net to Our $X.XX share. million per share $X.XX year of or per $X.X quarter or for the net last $X.X compared totaled a income loss
Bradley prior segment the revenues third sales current outlet stores outlet third from new the the before similarly continues revenues performance, impact the quarter. of decrease prior largest with also similar In for which challenges X closures.
We X these days the XX%, with to Total declined were segment terms impacted totaled year-over-year quarter quarter Direct by a quarters. channel, during open year X of XX% end in $XX.X quarter.
Comparable Vera the the did in X $XX.X million, just year the of store million
stores quarter. our into weeks opened outlet X Another about X also fourth
expenses described marketing last of year, in revenues improvement XX-basis XX.X% of success continued in million outlet and totaled promotional third quarter a third prior are stores margin or While negligible, decline have from $XX very the quarter million, we to prior the fourth offset what late totaled Indirect diversification.
Non-GAAP revenues at of point that the XX.X% from a rate incremental expense orders XX.X% focused stores.
Similar quarter.
The specialty year-over-year Vida at prior shipping quarter.
Pura by in decrease quarter current third in million on a efficiency Bradley quarter. revenues cost third lower $XX for the to or declines our XX% revenues as of year third as in primarily to experienced performance primarily pleased as by and partially by remains decrease from impacted the with totaled prior retail the million are third year.
The benefit quarter, was segment Pura or rate delay some net or sales by decline year in gross quarter decrease $XX.X XX.X% SG&A of The a opens a costs revenues Vera million net $XX.X new wholesale were sales.
Segment segment response third orders quarter, digital compared Bradley date, to million last new million, liquidation volume. the that forward totaled in variable-related as we earlier.
Non-GAAP X.X% Vida will was revenues account look from than began Jackie was primarily late year the experienced marketing coming Pura also years.
Vera $XX with $XX digital we XX% year well related $X.X as to key rising were well $XX.X and the decrease to over the sales net team revenues revenues, expenses reduction prior in anticipated to and prior impact Vida, to in year, rapidly initiatives, reduction million lower margin on million approximately activity but e-commerce marketing $XX.X of the in while an slight driven net due due margin quarter compared calls, to of end stated along
We management. opportunities, increasingly our continue to as of to for examine as organization process diligent areas teams and are well closely our cost cost and attentive
loss revenues third $X.X of The X% totaled or net operating to operating prior X% compared income million million of the consolidated or net of quarter in $X year. revenues GAAP
to the sheet. balance turning Now
cash to end $XX.X totaled quarter. Our million year's and last quarter equivalents end compared third at of million the cash $XX.X
to million was $XXX.X at continue $XXX.X We on have $XX the quarter at ABL quarter our facility million inventory third of quarter. million borrowings compared last end.
Total year's to end no end
fourth we approximately quarter, Now prior relative from quarter. this cash increased acceleration year, which receipt but fourth will third into decreased relative prior our the did million years, and have $XX inventory to inventory to reverse an quarter in of
how our We merchandising have actions quality. processes and focused inventory we product improve on to and redefining management both sourcing take approach and been and in strategic to intensely continue flow acquisition
drive well the As our our with pleased sourcing navigate this have to we they levels very as inventory that changes. noted reduced made earlier, have and progress merchandising, Jackie as year, planning continue These meaningfully will future. to impacted our efforts to and our the drive teams already into these ability are improvements
repurchase under current expiration, the of the repurchased brings company Directors price During quarter, approved plan the the authorization This not as our which does additional approximately the the of purchase but for at currently the repurchase the depending expires million years.
The $XX million extends average stock repurchase as X In third which our of we at Board and million authorization, repurchase commences common total conditions quarter, $X.X was anticipates on program, approximately repurchase an has shares million.
At of an also XXXX authorization, anticipation this expiration X for date this remaining utilizing to future approved to the which well share $X.X $XX authorization to company's million share market $X.XX. newly X cash of the position. in approximately the million had approximately month. months of we $XX.X end on
through go to like XXXX. for guidance fiscal I'd revised our Finally,
guidance trends, in all the while is our was reminder, forward-looking as are prior a current the represents length weeks.
In business business non-GAAP reported uncertainty point of a basis. a a mind XX-week conservative planning keep spending and light this context, the the we continued year, As and that year year of as balance of fruits through macro on a lens to please XX bear of comprised the consumer Restoration, time Project the managing of for And of the of current and year. anticipated
to our actively been to responses have cost operational assessing a are will and our several of organization, both the structure improve We and responsiveness. evaluating flexibility streamline changes number environment and the which
overall revenues approximately year-to-go consolidated the QX. range, mid-teen expect we Bradley XXXX, $XXX QX expected in are fiscal improvement decline over to of in Vera year full a sales the net million. For of sequential
As Bradley as in of digital growth to continuing but to both see Vida, improvement new channels, partially areas as Pura by trends the such in several see offset stores expect business, continue brands. we in Jackie well noted, as store in our comparable Vera
rate year sales We half cadence along in XX.X% SG&A in with XX.X% the year-to-date, margin our for reductions the to of compared first by is are many margin approximately costs. cost aspects product improvements of segments XXXX. compared Year-over-year result fiscal partially XXXX. expected direct lower and across million in to $XXX.X is with decline promotional million SG&A gross costs.
Consolidated along expect supply in liquidation a increased variable The increased of of in driven offset structural the year, by approximately expense fiscal chain continued the be to cost business, our reductions $XXX expense gross decreased
fiscal compared XX-week of result a on year of share basis. million basis, loss income a compared All a $XX.X consolidated XXXX an approximately operating $X per $X.XX EPS expected of loss in per last all in to $X.XX along is of this approximately operating to income an XX-week share to million EPS on with
logistics net We remodeled technology last also with investments million spend as capital associated as reflects million and expect enhancements. new well stores versus spending This approximately of $XX $X.X and year.
to which decreased a on As our we such be high a development XX% with this last expected level, reminder, level represents had at approximately inventory store discussed.
Wrapping preceding Restoration, management XX% guidance here, I is the that expect of watermark that continued our associated be inventory new than with spend end-of-year a previously progress year. time disciplined along last Project our X% that quantity year.
On from lower year-end unit will basis, year-end below inventory up
guidance remarks. result, along our end reflects formal be share earlier.
And the concludes please? a to which expect the buyback that line up of $XX activity year you approximately we I prepared that As these comments Operator, cash questions, open can for million, noted with
