-
Sales increases at HSNi’s operating segments bolster Q2 results
Net sale increases at HSNi’s HSN and Cornerstone operating segments had a favorable impact on the company’s total net sales, which increased 6% to $812.6 million for the second quarter ended June 30 from $767.2 for the same quarter last year.
HSN’s 5% net sales increase to $526.2 million for the quarter, from $502 million for the same quarter last year, was due in part to lower return rates. The average price point decreased 4% while units shipped increased 7% primarily due to an increase in clearance activity.
-
Target’s Ward says don’t expect order
Laysha Ward was among top business executives and celebrities who participated in the Network of Executive Women’s Executive Leaders Forum July 23-25 near Los Angeles. Ward, along with HSN CEO Mindy Grossman and actress turned activist Gina Davis, share insights about the state of women in business today and their personal experiences.