Vermont Teddy Bear Cuddles Up to Q2 Increase

The Vermont Teddy Bear Co.

(Nasdaq:BEAR) reported a 44% increase in second-quarter net revenue, to $13.4 million for the three months ended Dec. 31, compared with $9.3 million for the same period of 2002. Net income during the quarter, $372,000, was more than three times greater than the $81,000 it recorded 12 months prior.

The sales increase is primarily attributable to Calyx & Corolla, the fresh-flowers cataloger that the company bought in August, and to increased revenue from the PajamaGram titles. These increases offset a decline in the Shelburne, VT-based company’s BearGram segment.

Partner Content

Hincapie Sportswear Finds Omnichannel Success in the Cloud - Netsuite
For more and more companies, a cloud-based unified data solution is the way to make this happen. Custom cycling apparel maker Hincapie Sportswear has leveraged this capability to gain greater visibility into revenue streams, turning opportunities into sales more quickly while gaining overall operating efficiency. Download this ecommerce special report from Multichannel Merchant to more.
The Gift of Wow: Preparing your store for the holiday season - Netsuite
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.