The Top 500 apparel chain plans to expand its reserve online, pick up in store program, as well as its presence in China.
Digital River’s revenue slips in Q2
Second quarter revenue for Digital River, an e-commerce platform and services provider, fell 1.8% compared to a year earlier. Net income was down 10.6% from a year ago.
Managing Editor, International Research
Revenue and income slipped in the second quarter for Digital River Inc., an e-commerce platform and services provider, compared to a year ago, the company reported this week.
- Second quarter revenue fell 1.8% to $96.6 million from $98.4 million a year earlier.
- GAAP net income dropped 10.6% to $11.8 million from $13.2 million a year ago.
Year-to-date results were similar:
- Sales were down 1.2% to $199.5 million from $202.0 million a year ago.
- Net income was down 10% to $28.3 million from $31.5 million.