EVINE Live (EVLV) Posts Surprise Q1 Loss
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EVINE Live Reports First Quarter Results
May 20, 2015 8:05 AM EDTMINNEAPOLIS, MN -- (Marketwired) -- 05/20/15 -- EVINE Live Inc. (NASDAQ: EVLV), a digital commerce company (evine.com), today announced results for its fiscal 2015 first quarter (Q1'15) ended May 2, 2015.
FY 2015 First Quarter Highlights
Net sales of $158 million, a 1% decrease year over year. Fashion was fastest growing segment, sales up 18%. Jewelry posted sales growth of 8%, followed by Beauty with 7% sales growth. Watches declined 15% on less primetime air time allocation. Total active customers on a trailing 12 month basis were 1.4 million, a 2% increase.... More