Home Must Reads Harry & David sales up after bankruptcy

Harry & David sales up after bankruptcy

| Print |  Email
Must Reads
Thursday, February 16, 2012

Harry & David's 2011 holiday sales were up after a feeble 2010 season pushed the company to declare bankruptcy.

The company reported an unaudited net income figure of $34.7 million for the 13-week period ended Dec. 31. That compares with the $13.8 million Harry & David Holdings Inc., logged through the key holiday shopping season of 2010. 
Harry & David's sales, a vast majority of which come through its catalog and website, declined 6.3 percent to about $245 million compared with $262 million a year earlier. While traffic was down, the company said, average order sizes of its fruit baskets were up.
That's in part because Harry & David sliced away at its store count of 122 prior to the bankruptcy filing to its current total of 67. Sales from purchases in stores totaled $35.9 million for the final quarter, a decline of 36 percent compared with the same year-ago period.

Read more at OregonLive.com.

{biztweet}harry & david{/biztweet}

 

 

More Articles

True Blood

October 2014
Thursday, September 25, 2014
BY JOE ROJAS-BURKE

Antibiotics really aren’t magic bullets.


Read more...

A Good Leap Forward

September 2014
Wednesday, August 27, 2014
BY AMY MILSHTEIN

Agriculture businesses ramp up to meet international demand as workforce and succession challenges loom.


Read more...

100 Best Nonprofits to Work for in Oregon [VIDEO]

News
Thursday, October 02, 2014

Screen shot 2014-10-02 at 11.17.21 AMMore than 5,500 employees from 180 organizations throughout the state participated in the 100 Best Nonprofits to Work for in Oregon project.


Read more...

Report Card

September 2014
Tuesday, August 26, 2014

Strong public schools shore up the economy, survey respondents say. But local schools demonstrate lackluster performance.


Read more...

Startup or Grow Up?

September 2014
Tuesday, August 26, 2014
BY JON BELL

Startup culture is all the rage. Is there a downside?


Read more...

Molecular Movies

September 2014
Wednesday, August 27, 2014
BY LINDA BAKER

Dr. Chong Fang isn’t God. But the assistant professor of chemistry at Oregon State University is getting closer to figuring out how he put everything together. 


Read more...

College Hacker

September 2014
Wednesday, August 27, 2014
BY KLINT FINLEY

Treehouse CEO Ryan Carson builds a 21st-century trade school.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS