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Outlook for fiscal 2012 is positive - Frederick's Chief
15 Jun '11
3 min read
o Direct sales (catalog and website operations) decreased 2.7% to 31,799,000.
o Licensing revenue was $619,000 or 0.7% of total revenue.
o Other revenue decreased 21.4% to $5,093,000.
• Gross margin, as a percentage of net sales, decreased to 37.7% from 37.9%.
• Selling, general and administrative expenses decreased by 10.8% to $37,677,000, or 40.2% of sales, from $42,228,000 or 40.3% of sales.
Frederick's of Hollywood Group Inc., through its subsidiaries, sells women's intimate apparel, swimwear and related products under its proprietary Frederick's of Hollywood brand through 124 specialty retail stores, a world-famous catalog and an online shop. With its exclusive product offerings including Seduction by Frederick's of Hollywood, the Hollywood Exxtreme Cleavage bra and Hollywood Sizzle Pool Party Swim, Frederick's of Hollywood is the Original Sex Symbol.
o Licensing revenue was $619,000 or 0.7% of total revenue.
o Other revenue decreased 21.4% to $5,093,000.
• Gross margin, as a percentage of net sales, decreased to 37.7% from 37.9%.
• Selling, general and administrative expenses decreased by 10.8% to $37,677,000, or 40.2% of sales, from $42,228,000 or 40.3% of sales.
Frederick's of Hollywood Group Inc., through its subsidiaries, sells women's intimate apparel, swimwear and related products under its proprietary Frederick's of Hollywood brand through 124 specialty retail stores, a world-famous catalog and an online shop. With its exclusive product offerings including Seduction by Frederick's of Hollywood, the Hollywood Exxtreme Cleavage bra and Hollywood Sizzle Pool Party Swim, Frederick's of Hollywood is the Original Sex Symbol.
Frederick's of Hollywood Group Inc
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