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
A group of consumers in New York and California have filed a lawsuit against Quaker Oats' owner PepsiCo Inc. alleging that the company has falsely advertised the oatmeal brand as "100 percent natural" despite having traces of glyphosate found in it. Lawsuit claims that glyphosate, a herbicide declared... Wal-Mart Stores Inc. (WMT) is bringing back its door-greeter program by mid-summer and station staffs at store entrances and exits as the retail giant looks to curb shoplifting. Previously, the retailer had reassigned employees serving as greeters to guide customers to checkouts and help them find... KFC has brought its "Finger Lickin' Good" tag line to life by creating KFC-flavored nail polishes. KFC Hong Kong has partnered with advertising agency Ogilvy & Mather to make "Original" and "Hot & Spicy" edible nail polishes. The flavors contain natural ingredients and are based on KFC's two popular...
comments powered by Disqus
Follow RTT