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Esteemed Contributor
Posts: 5,891
Registered: ‎03-10-2010

Hurricanes hit stores and HSN's bottom lines

Yup, hurricanes this fall have hit stores bottom lines as well as HSN's bottom line (HSN is in Florida as you know).

 

The recent hurricanes Harvey, Irma, and Maria have hit department and other stores' finances as they start to report their 3rd quarter results.

 

http://www.tampabay.com/news/business/retail/St-Petersburg-s-HSN-reports-20-percent-drop-in-quarterl...

 

http://footwearnews.com/2017/business/retail/hurricanes-hurt-department-stores-454294/

Honored Contributor
Posts: 17,892
Registered: ‎07-03-2013

Re: Hurricanes hit stores and HSN's bottom lines

I believe it.  It also impacts companies that couldn't get deliveries into those areas.