logo
Share SHARE
FONT-SIZE Plus   Neg

Bluefly Slips To Q4 Loss

Bluefly, Inc. (BFLY) reported a net loss of $6.2 million or $0.22 per share, compared to net income of $0.3 million or $0.01 per share for the year-ago quarter.

Net sales increased 3% to $29.4 million from $28.6 million a year earlier.

Gross profit margin for the fourth quarter was 21.9% compared to 34.9% in the fourth quarter of 2010. Total operating expenses for the quarter increased 30% to $12.6 million from $9.6 million last year.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Ford Motor Co. has unveiled a scrappage scheme for UK consumers to trade in cars over seven years old, by offering 2,000 pounds discount on some new models. Under the plan, owners of any make of car or van, including petrol and diesel, that took to the road before 2010 can get the incentive. Walmart Stores Inc. announced Monday the expansion of its online grocery delivery service to two more markets, Dallas and Orlando. The deliveries will be made through a partnership with Uber. Volkswagen AG's all electric Microbus might be available in market by 2022. As per the plan it would be available first in California.
comments powered by Disqus
Follow RTT