EVINE Live (EVLV) Misses Q3 EPS by 5c
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EVINE Live Reports Third Quarter Results
November 24, 2015 6:00 AM ESTMINNEAPOLIS, MN -- (Marketwired) -- 11/24/15 -- EVINE Live Inc. (NASDAQ: EVLV)
FY 2015 Third Quarter Highlights
Net sales were $162.3 million, a 3% increase year-over-year. Online net sales as a percentage of total net sales increased 250 basis points to 46%. Mobile remains the fastest-growing platform with net sales of $31.2 million, a 34% increase year-over-year. Active customer count during the quarter increased 3% year-over-year, while reactivated customer count increased 4% year-over-year. Average purchase frequency increased to 4.1 units per customer, a 4% increase. Adjusted EBITDA was $0.2 million.EVINE Live... More
