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HSN, Inc.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2017 10-Q, filed Nov 8, 2017. Its latest SEC filing is a 424B2 from Aug 17, 2020.

The sections below describe the company as of the FY2016 annual report.

What Did They Do?

Sells jewelry, apparel and home merchandise to consumers through HSN television, digital and mobile channels and outlet stores. Also sells home and apparel products through Cornerstone catalogs, websites and stores.

How Did They Make Money?

Customers buy merchandise through HSN and Cornerstone; a sale is counted when delivery occurs, on the date the goods ship.

FY2016 revenue

Who Were Their Customers?

Consumers shop directly through HSN television, websites, mobile apps and outlet stores, and through Cornerstone catalogs, websites and stores. HSN also wholesales some proprietary products to other retailers.

How Were They Changing?

Since the FY2016 annual report
Latest quarter: Q3 FY2017, the three months to Sep 30, 2017
Revenue
▼ −5%
vs $823M in Q3 FY2016
Net income
▼ −20%
vs $20.2M in Q3 FY2016
  • Dec 29, 2017 Liberty Interactive completed its acquisition of HSN HSN shares stopped trading on Nasdaq; HSN and Cornerstone continue as separate brands.

Grew. Revenue grew 9% in 4 years, from $3.3B in FY2012 to $3.6B in FY2016, about 2% a year.

Cornerstone's apparel portfolio The earlier Cornerstone portfolio included Chasing Fireflies and TravelSmith; HSNi later sold both, and the latest portfolio lists neither.

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