logo
Share SHARE
FONT-SIZE Plus   Neg

Bluefly Slips To Q4 Loss

Bluefly, Inc. (BFLY: Quote) 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
Anadarko Petroleum Corp (APC) on Monday reported a wider-than-expected loss for the first quarter, crippled mostly by lower commodity prices. General Motors has priced the new 2016 Chevrolet Volt plug-in hybrid at $33,995, including delivery charges. That's almost $1,200 less than the 2015 model. Volt's price can go as low as $26,495 after the full federal tax credit of $7,500. In California, customers can buy the new Volt for as low as... McDonald's said it would restructure its business to focus more on franchises, and would recast its market segments and cut costs, as the fast food giant grapples with weak global sales.
comments powered by Disqus
Follow RTT