HSN, Inc. (HSNI) Tops Q2 EPS by 3c
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HSN, Inc. Reports Second Quarter 2016 Results
August 4, 2016 8:03 AM EDTHSNi Results for the Second Quarter 2016:
Net sales decreased 4%Digital sales up 2% with sales penetration of 53%Diluted EPS was $0.50; Adjusted EPS was $0.74Company entered into a letter of intent to sell its TravelSmith and Chasing Fireflies businesses and recorded a non-cash asset impairment charge of $20.4 million, or $0.24 per diluted shareCompany announced today that Judy Schmeling, currently COO and CFO of HSNi, has assumed the role of President of CornerstoneST. PETERSBURG, Fla., Aug. 04, 2016 (GLOBE NEWSWIRE) -- HSN, Inc. (NASDAQ:... More
HSN, Inc. Appoints Judy Schmeling as President of Cornerstone
August 4, 2016 8:03 AM EDTST. PETERSBURG, Fla., Aug. 04, 2016 (GLOBE NEWSWIRE) -- Interactive multichannel retailer HSN, Inc. (NASDAQ: HSNI) announced today that Judy Schmeling, currently Chief Financial Officer and Chief Operating Officer of the Company, will assume the role of President of Cornerstone, effective immediately. She will continue to serve in her capacity as COO of HSNi and will remain CFO during this transition until a successor is appointed. Ms. Schmeling will continue to report to Mindy Grossman, Chief Executive Officer of HSN, Inc. The Company has commenced an external search for Ms. Schmelings... More
