Hurricane Irma Pressures HSN Q3 Performance

It was a challenging third quarter for HSN as the impact of Hurricane Irma and the divestiture of two Cornerstone brands had a negative impact on sales.

QVC Reinforces Management Team

With QVC expecting its acquisition of HSN to be complete in the coming weeks, the former is moving ahead with plans to reorganize the company’s management team under what will be known as the QVC Group.

HSN Posts Q2 Sales Decline

Second quarter net sales at HSN Inc. were down mid-single digits as company officials said the retailer remains focused on further developing its proprietary product assortment while preparing for its pending purchase by Liberty Interactive.

HSN Earnings Slide In Q4

In the fourth quarter, HSN recorded net income of $43.5 million, or 82 cents per diluted share, as compared with $59.7 million, or $1.12 per diluted share, in the previous-year period.

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