Bluestem Group Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended February 3, 2017. For the quarter, the company reported Net Sales were $750.327 million against $737.682 million a year ago. Operating loss was $357.886 million against profit of $15.884 million a year ago. Loss before income taxes was $371.497 million against profit of $2.183 million a year ago. Net loss was $310.235 million against profit of $8.248 million a year ago. Basic and diluted loss per share was $2.36 against profit of $0.06 a year ago. Total net sales and revenue was $758.135 million against $744.449 million a year ago. Adjusted EBITDA was $66.197 million against $80.637 million a year ago.

For the year, the company reported Net Sales were $2,092.030 million against $1,720.189 million a year ago. Operating loss was $393.750 million against profit of $16.521 million a year ago. Loss before income taxes was $447.755 million against $27.399 million a year ago. Net loss was $387.712 million against profit of $14.215 million a year ago. Basic and diluted loss per share was $2.92 against profit of $0.10 a year ago. Net cash provided by operating activities was $145.272 million against $95.173 million a year ago. Net purchases of property and equipment was $43.383 million against $35.935 million a year ago. Total net sales and revenue was $2,100.596 million against $1,743.041 million a year ago. Adjusted EBITDA was $92.387 million against $137.380 million a year ago.

For the quarter, the company reported loss on impairment was $354.432 million against $20.200 million a year ago. Impairment charges are against intangible assets and goodwill primarily related to the Fingerhut brand and the trends in that business.