Content about HSN Inc.

August 28, 2014

HSN Inc. is running "The Fashion Edit," the company's annual fall fashion series, now through Sept. 24.

St. Petersburg, Fla. – HSN Inc. is running "The Fashion Edit," the company's annual fall fashion series, now through Sept. 24. The retailer is partnering with a number of celebrity designers, including Kelly Osbourne, June Ambrose and Emma Fox.

August 7, 2014

HSN Inc. (HSNi) missed Wall Street expectations for its net income in the second quarter of fiscal 2014.

St. Petersburg, Fla. – HSN Inc. (HSNi) missed Wall Street expectations for its net income in the second quarter of fiscal 2014. HSN reported net income of $40.9 million, a 5% drop from $43.3 million a year earlier.

Net sales rose 5% to $855.2 million, from $812.6 million. Mobile and digital sales growth helped drive the overall improvement in net sales. Promotions in the company’s Cornerstore business negatively impacted net income.

July 14, 2014

Mindy Grossman, the chief executive of HSN Inc., reportedly declined an offer to become CEO of J.C. Penney Company in May.

Plano, Texas – Mindy Grossman, the chief executive of HSN Inc., reportedly declined an offer to become CEO of J.C. Penney Company in May 2014. According to the Wall Street Journal, Grossman had been in advanced negotiations with Penney to take the reins as CEO but discussions ended for an unspecified reason.

July 8, 2014

HSN Inc. (HSNi) is promoting chief marketing officer Bill Brand to president of HSN, effective immediately.

St. Petersburg, Fla. – HSN Inc. (HSNi) is promoting chief marketing officer Bill Brand to president of HSN, effective immediately. Brand will retain his role as chief marketing officer of HSNi and will continue to report directly to HSNi CEO Mindy Grossman.

Brand is also an executive officer of the company. As president, he will assume responsibility of merchandising, programming, planning and HSN2 in addition to his current responsibilities.

June 10, 2014

HSN Inc. has promoted Maria Martinez to chief HR officer, effective immediately. In her new role, she will be responsible for providing leadership in executing human resources strategies in support of the company's business objectives.

St. Petersburg, Fla. — HSN Inc. has promoted Maria Martinez to chief HR officer, effective immediately. In her new role, she will be responsible for providing leadership in executing human resources strategies in support of the company's business objectives.

She will have specific responsibility for talent acquisition and assessment, succession planning, leadership development, employee engagement, performance management, total rewards, and wellness programs. She will continue to be based at the company's headquarters in St. Petersburg.

May 1, 2014

Net income declined at HSN Inc. during the first quarter of fiscal 2014 even as sales slightly improved compared to the same period a year earlier.

St. Petersburg, Fla. - Net income declined at HSN Inc. during the first quarter of fiscal 2014 even as sales slightly improved compared to the same period a year earlier. Net income dropped 23% to $24.18 million from $31.54 million.

Net sales climbed 1% to $772.42 million from $772.65 million. A slight decline in average price point, as well as a higher tax rate and increased cost of sales, helped push HSN’s net income down. Mindy Grossman, CEO of HSN, Inc., also cited severe weather as a negative financial factor in the quarter.

February 20, 2014

HSN Inc. reported gains in net income and sales during the fourth quarter and fiscal year 2013, compared to the same periods a year earlier.

St. Petersburg, Fla. – HSN Inc. reported gains in net income and sales during the fourth quarter and fiscal year 2013, compared to the same periods a year earlier. During the quarter, HSN Inc.’s adjusted net income increased 7% to $59.9 million from $56 million, while net sales increased 4% to $1.02 billion from $982.9 million.

November 6, 2013

HSN, Inc. (HSNi) reported impressive financial results for the third quarter of fiscal 2013.

St. Petersburg, Fla. – HSN, Inc. (HSNi) reported impressive financial results for the third quarter of fiscal 2013. Net income soared about 137% to $42.05 million, compared to $17.69 million in the same quarter a year prior.

May 15, 2013

HSN Inc. said that it has appointed CFO Judy Schmeling to the additional role of COO, effective immediately.

St. Petersburg. Fla. – HSN Inc. said Wednesday that it has appointed CFO Judy Schmeling to the additional role of COO, effective immediately. Schmeling has been serving as HSN's executive VP and CFO since 2001.

In her new role, Schmeling will be responsible for supply chain operations and customer care functions, in addition to providing ongoing leadership for finance and IT.

October 31, 2012

Multichannel retailer HSN Inc. reported that net income for the third quarter dropped 27.2% to $17.7 million, from $24.3 million in the year-ago period.

St. Petersburg, Fla. -- Multichannel retailer HSN Inc. reported Wednesday that net income for the third quarter dropped 27.2% to $17.7 million, from $24.3 million in the year-ago period. Results still beat Wall Street projections.

Revenue rose 7.1% to $778.8 million, beating analysts’ estimated $747.1 million in revenue.

The company has now seen profit fall in two consecutive quarters, but it has beaten Wall Street estimates for three quarters in a row.

May 2, 2012

Multichannel shopping retailer HSN Inc. reported Wednesday that net income for the quarter ended March 31 climbed 29% to $26.2 million, from $20.3 million in the year-ago period.

St. Petersburg, Fla. -- Multichannel shopping retailer HSN Inc. reported Wednesday that net income for the quarter ended March 31 climbed 29% to $26.2 million, from $20.3 million in the year-ago period.

Results were boosted by robust sales from its Cornerstone unit, which includes banners such as Ballard Design, Frontgate and TravelSmith.

Revenue overall rose 5% to $747.3 million. Cornerstone saw an 11% sales rise to $205.4 million. HSN segment sales were up 3% to $541.9 million.

February 17, 2012

Mindy Grossman, CEO of HSN Inc., is staying at the home shopping giant and is not interested in becoming the next CEO at Avon Products Inc., according to Women's Wear Daily.

New York City -- Mindy Grossman, CEO of HSN Inc., is staying at the home shopping giant and is not interested in becoming the next CEO at Avon Products Inc., according to Women's Wear Daily.

The report cited a letter Grossman sent to top HSN executives at HSN.

Previous reports had Grossman as a top candidate to replace Avon CEO Andrea Jung, who agreed in December to resign.