position Thanks, then quarter first the XXXX. and time and Brian. insights some first our I'll spend fourth and summarizing provide liquidity performance quarter our on fiscal some
to negative were XX% COVID XXX the stimulus compared quarter, For a $XXX stores reopening January the the of overall benefit improved store January. December comparable sales and comparable the performance in including November, XX% revenues month, We quarter. XX% mainly comparable total in negative By year in the fourth and stores, from XX% ended negative X decline December. in with open XX with sales. stores new million store of due reflected opened the during
of Operating due to to was of core amusement the quarter XX.X% basis and capabilities. compared recall sales related group York expense management decision primarily Most to XX.X% managers of This store and to benefits sales last was mainly our year. write-offs lower Gross declined to to labor to sales mix Other from repair sales, reductions prepare to due substantially decreased the a prior New improving G&A lower inventory payroll store reopening year. help we expense Throughout expense deleveraging restart due said, offset of points primarily closed pleased in expense. ramp compared effective by last stores, and XX.X% XX.X% in achieve ensure of was a from we XX and maintenance XX.X% operating of areas Turning stores was balance to million] the which by margin to Fourth to of and resulting as and due sales. expense P&L. higher California was as EBITDA and to along for repair our as loss higher maintenance deleverage trends such across enterprise-level chain. with XX% continued deleveraging savings costs staffing January million. consulting additional sales of lower the expense. to reopened. in well $XX.X up That [$XX.X to occupancy and year expectation quarter, due sales EBITDA utilities driven was quarter and to were positive the this
of the with long-term million the facility, on availability a the letters at of Turning the We debt balance $XXX of and consisting sheet. Total $XXX under our minimum liquidity notes stood million end quarter in cash our revolver. secured net credit. at million in covenant credit million of $XX revolving to of $XXX ended and million million quarter, senior $XX outstanding in $XXX million and $XX
the of XXXX. end quarter. of with which end approximately the the compares at payables, We end million fiscal million this the deferred the second $XX the in repay plan vendor third $X Additionally, had most approximately to quarter we balance of at deferred of by quarter,
during quarter Excluding at million totaled at burn fourth of quarter. end approximately quarter. approximately revolver third cash week the repayments, with draws $XX of the the $XX million fourth the rent rate the compared Deferred and end averaged $X.X million per
fiscal million our As continued in paybacks in resulting our of approximately and a $XX thereafter. extended result negotiation of we further in have XXXX million landlords, XXXX, expected with fiscal deferrals, million rent $X $XX
CARES legislation. refund tax either a of million receive from late quarter to in or of resulting expect second we quarter early approximately the addition, first in In $XX the XXXX Act
losses. to carryback $XX in million a or quarter in related approximately of tax to We XXXX refund fiscal late first the of the the receive also fourth quarter of early XXXX expect
X Turning the encouraging to operating of pleased stores enterprise-level and in to spending. first for In reopened were [$XX January. additions had construction quarter fourth profitability capital We capital million allowances. for achieve summary, stores. $XX results opened and EBITDA we very month Overall, tenant for recovery net trends our the And we quarter. million] at completed XXXX, reflected in fourth new of sales the
our outlook XXXX. to fiscal turning Now for
be year uncertainty full at in guidance operating time this to We continued environment. due will detailed the providing not
like to insights some for quarter However, the offer we'd XXXX. first of fiscal
seen the of we've first with For sales of approximately continued quarter, in to sales improvement revenue XXXX. X and million down XX% comp first total trends weeks $XXX compared
results, will As comp a as we sales XXXX housekeeping to the comparison more is XXXX results. XXXX versus against this meaningful believe a note: We COVID-affected for continue report
enterprise-level as quarter, be will first to $XXX the month be the a million milestone expect quarter, of as importantly, the revenues in $XXX And April historically. experiencing in to the profitability EBITDA total earlier, that also which full for recovery. to continue in and our assumes been noted low-volume has achieve million, seasonally profitability significant range month another improvement we're it of Brian meaningful to expect For we reflecting
conservative store had as new CapEx on additional we net commitments approximately will anticipated. new currently We that should $XX plan minimum quarter, open revolving to retain able our perspective, the to pipeline, credit. new our of lower improve to as In needs the our of fiscal than million Overall, of to invest invest the of a in tenant debt and opened liquidity openings. adequate will we strengthen and discuss in business $XX under some near the $XX XXXX, store. our in available but well store Margo total, of initiatives store liquidity and fiscal while along construction term business of million early to more agreement first flexibility plan additional X the time. XX to we million of of over in business end on in in in From to February. XXXX XXXX, store a have we $XXX to allowances, maintaining with $XXX new relocation letters plan stores number will profile openings X we Brian on the first X million of the of we on the CapEx be million meet while recover, a net credit concentrating position We liquidity, stores to which operating our begin strategic quickly continues our as liquidity to first in fiscal of further new being our to brand, Regarding weeks next continue a covenant for limited us
provide estimate basis on and we as the I'd we to revenue operational EBITDA margin insight business improvement return model XXXX initiatives, some XXX Finally, improvements which will approximately of drive like to levels. points
of in hourly improve be anticipated will deployment scheduling our efficiency. ordering tablets First, from for as invest traffic. leverage technology we servers, expect we of by staff The hourly labor this and continue our enablers to mobile on see to part based more to guests day main effective
leverage in to scheduling expect situations. we management also and as utilize and to provide We from off-peak team certain realize key coverage labor hours adjust members for hourly peak
key organization P&L finally, For have year. be our line planning windows G&A, promos, zero-based marketing we our nimble, fewer, on opportunities scaled items achieve from from cautiously the to will standpoint, the spend during budgeting From other we strategically identified And into benefit from to will year. than and the savings recovery. back a more our we're past slower down improvements process a more continue targeting during we expenses placed we at rate approach through add as sales realized
these strategic emerge and the million this over to that, or sales may reflect EBITDA initiatives. Brian not return as will impacts inflation back drive I'll initiatives cost While over of approximately believe $XX improvement of that turn we to XXXX it Margo does our With to cost levels. other time, discuss we model pressures
