XpresSpa Reports Continued Progress in Strengthening Operations at The ICR Conference
ICR Conference Participation
The webcast and accompanying presentation can be accessed from Investor Relations section of the Company’s website at http://xpresspagroup.com.
Preliminary Fourth Quarter 2019 Sales Results
- December domestic comparable store sales increased 10.2%, representing the best monthly result since
- Domestic comparable store sales increased 7.7%, representing the third consecutive quarter of positive comparable store sales growth and best quarterly result of 2019.
Preliminary Full Year 2019 Sales Results
- Domestic comparable store sales increased 4.2%.
Mr. Satzman continued, “We are thrilled to have opened our fourth spa in
Mr. Satzman added, “Our portfolio optimization continues as we closed two tertiary spas in
Mr. Satzman concluded, “Lastly, we intend to build on what we have already accomplished by extending our comparable store sales momentum, improving four-wall margins and managing G&A through effective cost management at the store and corporate level. We also intend to forge new strategic partnerships with brands that share our commitment to health and wellness and can further monetize our desirable real estate and affluent customer base.”
Our financial statements for the quarter and fiscal year ended
This press release may contain "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These include statements preceded by, followed by or that otherwise include the words "believes," "expects," "anticipates," "estimates," "projects," "intends," "should," "seeks," "future," "continue," or the negative of such terms, or other comparable terminology. Forward-looking statements relating to expectations about future results or events are based upon information available to
Source: XpresSpa Group, Inc.