|Harry & David holds steady||| Print ||
|Friday, February 05, 2010|
Harry & David's revenues for the 13-week period ending Dec. 26 were down 13.2% from the same period a year ago.
But the Medford-based food and gifts company managed a gain, announcing earnings of $31.7 million in the fiscal second quarter of 2010, compared to $30.4 million a year ago. Slashing costs and reducing inventory were key for the earnings bump.
During a conference call with analysts, Harry & David executives said they planned for lower Christmas sales volume, later orders and customers snatching up lower-priced items.
"It was more challenging than we hoped, with later shopping and a shorter sales period," said Bill Williams, president and chief executive officer, "but our inventory management was effective."
Read the full story at the Mail Tribune.
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Oregon Business magazine's 5th annual
100 Best Green Companies to Work For in Oregon
Wednesday, May 29, 2013
From Oregon Translational Research and Development Institute: OTRADI today announced its plans to open and operate a 13,000 square-foot multi-tenant bioscience complex in the Willamette Wharf building at 4640 SW Macadam Avenue. Slated to be complete in spring 2013, the OTRADI Bioscience Incubator (OBI) will house up to six companies.
MEDIAmerica, publisher of Oregon Business and Oregon Home magazines, announces a new retail website: HalfOffOregon.com. The website offers lodging, dining, recreation and many other items at half off their regular cost.
As you probably know by now, The Vernon Company is a national leader in the promotional products industry with annual sales of over $60 million. We are a family owned business, led by the fourth generation of the Vernon family.