HSN Inc. (HSNI,HSNIV) reported a rise in first-quarter net income to $26.17 million or $0.44 per share from the prior year's $20.28 million or $0.34 per share. On an adjusted basis, quarterly net income amounted to $30.26 million or $0.50 per share, higher than $24.54 million or $0.41 per share last year.
On average, 7 analysts polled by Thomson Reuters expected earnings per share of $0.37 for the quarter. Analysts' estimates typically exclude one-time items.
Net sales improved to $747.31 million from $710.56 million in the earlier year quarter. Analysts estimated revenues of $747.14 million for the quarter.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.