HSNi Net Sales Climb 10% as Cornerstone, HSN Strengthen

摘要

Sales grew but profits fell at HSNi during its third quarter.rnNet income fell 10% to $14.9 million. Sales for the period ended Sept. 30 rose 10% to $708.4 million.rnBy segment, sales increases in the quarter were strongest at Cornerstone, up 23% to $214.7 million - "the largest year-over-year growth rate of any quarter since 2005," said Mindy Grossman, HSNi ceo. Internet sales represented 56.9% of sales.