Sharper Image Sales Down for Fourth Quarter, Year
The Sharper Image Corp generated $253.9 million during its 2005 fourth quarter, compared with $291.9 million a year ago. For the year, the San Francisco-based retailer reported $648.9 million in sales, down from $740 million. The quarter and year ended Jan. 31....
Reader's Digest Reports Losses
The Reader's Digest Association Inc. reported a net loss of $122.4 million for the second quarter, down from net income of $57.8 million the previous year....
Deluxe Posts Fourth Quarter Loss
Deluxe Corp. reported net income of $39 million for the fourth quarter, down from net income of $47 million the year before...
Advo Income Rises Despite Hurricanes Katrina and Rita
Advo Inc. reported net income of $12 million for the first quarter, up from net income of $8.1 million the year before....
RedEnvelope CEO, EVP Leave Company As Revenue, Profits Rise
Even as upscale gift marketer RedEnvelope’s financial fortunes were rising, its management was undergoing a shakeup. President and CEO Alison May handed her resignation in to the board of directors, and Kristine Dang, executive vice president of merchandising and creative, has already left the company....
Revenue, Income up for InfoUSA
Marketing data provider InfoUSA generated net income of $31.5 million and $383.2 million in net sales during its fiscal 2005, up from $17.8 million in net income and $344.9 million in 2004. ...
Federated to Axe 750 Employees This Summer
Federated Department Stores Inc. will close five distribution centers this summer, laying off 750 employees....
PC Connection Expects to Break Even in Fourth Quarter
PC Connection Inc. expects to report fourth quarter earnings that will break even with last year, following $1 million in special charges it incurred as a result of its Oct. 21 acquisition of Amherst Technologies. ...
DM Gains Lead Tiffany Holiday Fortunes
Spurred partly by a double-digit percentage jump in direct marketing sales, jewelry retailer Tiffany & Co. racked up $712 million in revenue during the last two months of 2005, up from $673.8 million a year ago....
Datacard Group Acquires Ga-Verhren Engineering
Datacard Group, a secure ID and card personalization offering marketer, has acquired Ga-Verhren Engineering, a high speed print and packaging finishing machinery manufacturer. Terms of the acquisition were not announced....
Quote of the Day
PEOPLE ARE FUNNY ABOUT INVESTMENTS and insurance. It pays to respond quickly when they want a quote. But how do you do that when you have more than 5,500...
Third Quarter Rough for Sharper Image
Sharper Image Corp.'s third quarter sales amounted to $123.1 million, down from $153. million, while its net loss widened from $3.7 million a year ago to $10.5 million...
Direct Sales Increasingly Important for Restoration Hardware
Restoration Hardware Inc., Corte Madera, CA, generated $128.4 million during the third quarter of 2005, up from $118.2 million a year earlier. The home furnishings marketer reported a net loss of $4.2 million, an increase from the net loss of $3.1 million it had a year earlier. ...
As NRF Turns Optimistic, Consumers Plan to Hold the Line on Spending
While the National Retail Federation has turned cautiously optimistic on holiday sales, merchants this season face consumers determined to hold the line on gift spending, according to a report from The Conference Board. The National Retail Federation has raised its holiday forecast, predicting consumer spending will increase 6%, to $439.53 billion, over last year. ...
Autobytel Takes Loss in Third Quarter
Autobytel Inc. reported a net loss of $287,000 during third-quarter 2005, a turnaround from the $3.2 million in net income it generated a year earlier. The automotive marketing services firm’s revenue dipped from $32.5 million a year ago to $30.6 million. ...
IAC Profits Down, But Diller Touts Growth
IAC/InterActive Corp., the parent of search engine Ask Jeeves, online services Match.com and CitySearch and such merchant Web sites as Ticketmaster, LendingTree.com, Gifts.com and HSN.com, reported today that its earnings for third-quarter 2005 declined 24%, ...
Henry Schein to Repurchase $100 Million in Stock
Henry Schein Inc., a healthcare products B-to-B marketer, has been authorized by its board to buy back up to $100 million of its outstanding common stock....
POLICY PROTOCOL
IF YOU EVER DARED TO strike up a conversation with an insurance salesman, he might introduce you to a basic tenet of his business: Life insurance can't...
Monster Worldwide Profit Rises
Monster Worldwide’s profits rose to $30.8 million for the third quarter of 2005 compared to $20 million for the same quarter a year earlier, the online jobs company reported yesterday....
Amazon Third Quarter Profit Drops 44% to $30 Million
Amazon.com’s third-quarter 2005 profit plummeted 44% to $30 million from $54 million in the third quarter of 2004 mainly as the result of a $40 million settlement of a patent lawsuit, the world’s largest online retailer reported....
Valassis Reports Profits Dip; Issues Warning on 2006 Pricing
Valassis’ third quarter profits dipped 2.3% compared to the third quarter of last year to $21.3 million, or 42 cents per share, while revenue was up 7.4% to $266.1 million compared to the third quarter of 2004, the free-standing-insert and shared-mail advertising company reported yesterday....
Acxiom’s Revenue Up, Earnings Down in Second Quarter
Acxiom Corp. reported $330.5 million in revenue during the second quarter of its fiscal 2006 year, up from $299.1 million a year ago. Acquisitions and divestitures contributed 4 percentage points of this 11-point gain. The company’s net earnings, however, dropped from $18.5 million to $7.1 million, largely due to a jump in costs in sales expenses and nonrecurring charges of $12.8 million....
Equifax Has Strong Third Quarter
Equifax Inc., the Atlanta-based information firm, reported $306 million in third quarter revenue, up from $261 million a year earlier. Its income rose from $95.7 million to $107.3 million during the same period...
ValueAct Redoubles Acxiom Takeover Effort
ValueAct Capital, a once-rebuffed Acxiom takeover candidate, is making another run at the Little Rock, AR-based data firm. This time, however, ValueAct is coming at Acxiom with a potential CEO candidate and two potential board members well versed in the information industry, along with nearly 11% of Acxiom’s stock....
Harry & David Set IPO Share Price: Reports
Harry & David, the fruit and gifts marketer, has established an initial public offering price of between $13 and $15 per share...
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