Record 2Q Sales for ValueVision

Author:
Publish date:

ValueVision Media Inc. posted second-quarter records of $161.5 million in consolidated net sales and $31 million in Internet net sales, the company said Wednesday.

The figures represented increases of 12% and 20%, respectively, versus the second quarter of 2003.

The company’s second-quarter net loss was $8 million, and earnings before interest, taxes, debt and amortization totaled a loss of $3.2 million.

ValueVision launched a new look for ShopNBC Monday, including a new tag line for the network: “Be Good to Yourself."

Related