Martha Stewart Aims for Profitability With New Programs.(Martha Stewart Living Omnimedia Inc.)(Financial report)
Home Textiles Today, March, 2007 by Mammarella, James
By James Mammarella New York -- Strong fourth-quarter results helped Martha Stewart Living Omnimedia (MSLO) shrink its 2006 full-year operating loss to $2.8 million, down from the 2005 operating loss of $78.3 million, the company noted in its conference call to analysts. MSLO president and ceo Susan Lyne emphasized, "Our 2006 results came in ahead of our guidance even with additional investment in key initiatives like [recently launched magazine] Blueprint and our marthastewart.com website." Fourth-quarter revenues were $97.0 million, up 15% from $84.6 million for the same period one year ago.
Full-year revenues rose 36% to $288.3 million, compared to $212.4 million in 2005. The merchandising division is in transition, with major new...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
