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Mixed results for HSN
St. Petersburg, Fla. – HSN Inc. had a mixed second quarter, meeting Wall Street profit projections but falling short of sales estimates.
HSN’s net income totaled $41.6 million, up 2% from $40.9 million the same period the prior year.
Net sales grew 4% to $885.6 million from $855.2 million, including an 11% increase in digital sales.