Loss for the three months ended Nov. 1 narrowed to $7.3 million from $28 million. Revenue fell 12 percent to $464.2 million from $528.8 million last year.
Same-store sales, or sales in stores open at least one year, fell 10.4 percent.
"Our sales and operating results have been impacted by the decrease in miles driven and the general reduction in consumer spending," said Chief Executive Mike Odell.
In response, the company said it plans on "tightly controlling spending" and focusing on its value proposition to offset lower consumer spending.
Learn how ADAS utilizes sensors such as radar, sonar, lidar and cameras to perceive the world around the vehicle, and either provide critical information to the driver or take...
The Autel IA700 is a state-of-the-art and versatile wheel alignment pre-check and ADAS calibration system engineered for both in-shop and mobile applications...