Home / Knowledge / News / Apparel/Garments / Costume Express revenue grows in Q2 fiscal 2008
Costume Express revenue grows in Q2 fiscal 2008
04
Jan '08
Celebrate Express Inc, a leading online and catalog retailer of celebration products for families, today reported financial results for its second quarter of fiscal 2008 ended November 30, 2007.

Celebrate Express reported net sales of $31.3 million in the second quarter of fiscal 2008, an increase of 10% from net sales of $28.5 million during the same period last year. Income from operations in the second quarter of fiscal 2008 was $407,000, an increase of 22% over the second quarter of fiscal 2007.

Net income for the second quarter of fiscal 2008 was $430,000, or $0.05 per diluted share, compared with net income of $568,000, or $0.07 per diluted share, in the second quarter of fiscal 2007. Weighted average diluted shares outstanding were 8.0 million for both the second quarter of fiscal 2008 and the second quarter of fiscal 2007.

Kevin Green, chief executive officer of Celebrate Express stated, "We aggressively pursued the Halloween seasonal business in the second quarter as a vehicle to expand consumer awareness across all of our brands, to expand market share in what was a very competitive Halloween season and to build our customer file, not only in preparation for the Halloween season next year but to support our Birthday Express brand contact strategies throughout the year.

The cross-promotion of the new Costume Express customers to the Birthday Express brand began in January. This will partially offset the circulation we've been able to trim in the Birthday Express brand due to higher postage costs and combined with our ability to identify and eliminate unprofitable customer and prospect mailing segments."


Must ReadView All

Maharashtra govt to help textile units set up solar plants

Textiles | On 21st May 2018

Maharashtra govt to help textile units set up solar plants

The state government of Maharashtra has formed a panel to help set up ...

Equate posts best Q12018 results since inception

Textiles | On 21st May 2018

Equate posts best Q12018 results since inception

Equate Group's first quarter results for 2018 are the best since its...

Over 60% retailers already have IoT platforms: IDC

Apparel/Garments | On 21st May 2018

Over 60% retailers already have IoT platforms: IDC

Retail organisations are adopting IoT platforms and more than 60 per...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search