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

Editors Pick
Ford Motor Co. has issued a safety recall for nearly 117,000 vehicles in North America to replace improperly tempered bolts in seats and seatbelts that could fracture. The affected vehicles include 2014 Ford F-150 pickup trucks, 2014 E-Series vans, 2014-15 Ford Escape SUVs and 2015 Lincoln MKC SUVs to replace improperly tempered bolts in seats and seatbelts. Electronics retailer Best Buy is adding Dyson mini-shops to its select stores in the U.S. next month. Dyson is a maker of vacuums, hair dryers, air purifiers and other household items. Starting in August, about 90 U.S. Best Buy stores will get new Dyson Demo Experiences - dedicated spaces that will enable customers try out Dyson products as if they were in their own home. Shares of Airbus Group SE were losing around 4 percent in the morning trading in Paris after the aerospace and defense major reported Thursday a sharp decline in its second-quarter profit with lower revenues. Further, the company maintained its guidance for the full year 2017.
comments powered by Disqus
Follow RTT