MSLO sees growth in merchandising segment

NEW YORK Martha Stewart Living Omnimedia reported that revenues for its merchandising division were $11.8 million for the second quarter of 2010, as compared with $9 million in the prior year's second quarter.

Operating income was $7.3 million for the second quarter of 2010, compared with operating loss of $(0.7) million in the second quarter of 2009, which included an impairment charge of $(5.5) million.

According to the company, The Martha Stewart Collection at Macy’s continues to perform well, driven by strong sales in the soft home and housewares categories.

MSLO sees growth in merchandising segment

NEW YORK Martha Stewart Living Omnimedia reported that revenues for its merchandising division were $11.8 million for the second quarter of 2010, as compared with $9 million in the prior year's second quarter.

Operating income was $7.3 million for the second quarter of 2010, compared with operating loss of $(0.7) million in the second quarter of 2009, which included an impairment charge of $(5.5) million.

According to the company, The Martha Stewart Collection at Macy’s continues to perform well, driven by strong sales in the soft home and housewares categories.

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