School Specialty, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 29, 2018. For the quarter, the company announced revenues were $114,613,000 compared to $112,455,000 for the same period a year ago. Operating loss was $39,045,000 compared to $13,052,000 for the same period a year ago. Net loss was $38,637,000 compared to $10,729,000 for the same period a year ago. Net loss per share, basic was $5.52 compared to $1.53 for the same period a year ago.

For the full year, the company announced revenues were $673,452,000 compared to $658,383,000 for the same period a year ago. Operating loss was $18,378,000 compared to operating income of $24,858,000 for the same period a year ago. Net loss was $38,741,000 compared to net income of $6,779,000 for the same period a year ago. Net loss per share, basic was $5.53 compared to net income per share, basic of $0.97 for the same period a year ago.

For fiscal 2019, the company provided revenue guidance of $705 million to $720 million, an increase of 5.8% year-over-year at the mid-point.

For the fourth quarter ended December 29, 2018, the company announced impairment charges of $22,262,000.