Tag Archives: Cornerstone

HSNi Q1 Net Drops 23.3 Percent

HSNi

ST. PETERSBURG, Fla.-The malaise throughout the retail sector struck HSNi, whose first-quarter net income fell 23.3 percent to $24.2 million. Net sales in the quarter, which ended on March 31, rose a bare 0.6 percent to $777.4 million. The results included a 1 percent decline in HSN’s sales and a pickup of 5 percent inMore »

HSN Net Jumps 40.8 Percent in Q2; Home Products Post Growth

HSN

ST. PETERSBURG, Fla.-An increase in sales and a favorable expense picture pushed HSN Inc.’s net income steeply northward in its second quarter by 40.8 percent, to $43.3 million. Net sales in the quarter, which ended on June 30, rose 5.9 percent to $812.6 million. Sales of home products helped fuel both the HSN and CornerstoneMore »