Evine Live (EVLV) Reports Q4 Loss of $0.15, Announces Review of Strategic Alternatives
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Evine Live Inc. Reports Fourth Quarter and Full Year 2018 Results and Announces Formal Review of Strategic Alternatives to Enhance Shareholder Value
March 27, 2019 6:00 AM EDTMINNEAPOLIS, March 27, 2019 (GLOBE NEWSWIRE) -- Evine Live Inc. (Evine) (NASDAQ: EVLV) today announced results for the fourth quarter and full year ended February 2, 2019. In addition, the Company announced it is reviewing strategic alternatives to enhance shareholder value.Â
Fiscal Year 2018 Fourth Quarter Financial Summary
Net sales of $157.6 million decreased 11.9% compared to the comparable 13-week period from last year.Gross profit margin of 29.5% decreased 430 basis points year-over-year. Net loss of... More