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05-24-2013 10:36 PM
I posted QVC's results in a separate post.....along with HSN......now it's another shopping channel with their results........
SHOPNBC
SHOPNBC's sales increased a whopping 11 percent, net income was 1 million.......although the net income isnt much a year ago they had a lost. Net shipped units increased 12 percent reflecting continued improvements in the company's merchandise mix and an average decline in average price points.....
ShopNBC’s sales growth was driven by significant improvement in the home & consumer electronics category and strong results in the fashion & accessories category, according to ShopNBC.
Oh and by the way.....ShopNBC is changing it's name to SHOPHQ......hmmmmm sounds a lot like another shopping channel with a Q in it's name......
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