Piper Jaffray Raises Price Target on EVINE Live (EVLV) to $6 Following 2Q15
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EVINE Live to Present at Upcoming September Conferences
August 26, 2015 2:16 PM EDTMINNEAPOLIS, MN -- (Marketwired) -- 08/26/15 -- EVINE Live Inc. (NASDAQ: EVLV), a digital commerce company that offers a compelling mix of proprietary and name brands directly to consumers in an engaging and informative shopping experience via television, online and mobile devices, today announced that CEO Mark Bozek and CFO Tim Peterman will be attending the following investor conferences in September:
Brean Capital Global Technology Conference September 9,... More
EVINE Live Reports Second Quarter Results
August 26, 2015 8:02 AM EDTMINNEAPOLIS, MN -- (Marketwired) -- 08/26/15 -- EVINE Live Inc. (NASDAQ: EVLV)
FY 2015 Second Quarter Highlights
Net sales were $161.1 million, a 3% increase year-over-year. Beauty was the fastest-growing product category at 23%, while Fashion & Accessories also delivered strong growth of 17%. Online net sales as a percentage of total net sales increased 240 basis points to 46%. Mobile remains the fastest-growing platform with net sales of $31.3 million, a 41% increase year-over-year. Average purchase frequency rose to 4.5 units per customer, a 10% increase. Adjusted EBITDA was $2.5 million.... More