HSN, Inc. (Nasdaq: HSNI) is a $3 billion interactive multi-channel retailer with strong direct-to-consumer expertise and operates two business segments, HSN and Cornerstone.
A leader in transactional innovation, HSN is the only retailer offering live streaming video on three screens – TV, online and mobile. HSN broadcasts live to 96 million households in the US in HD 24/7, and its web site – hsn.com – is a top 10 most trafficked e-commerce site, featuring more than 23,000 product videos. Mobile applications include HSN apps for iPad®, iPhone®, Android™, and HSN on Demand®.
Cornerstone is comprised of leading home and apparel lifestyle brands, led by Ballard Designs, Frontgate, and Garnet Hill. Over 60% of Cornerstone's revenue comes from its eight separate e-commerce sites.
With principal offices in St. Petersburg, FL, HSNi employs approximately 6,700 employees.
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May 2, 2013
HSN, Inc. Reports First Quarter 2013 Results