11/06/13

Shutterfly’s third quarter sales zoom up by 25%

Average order value climbs 16% to $29.07 from $25.06 last year.

Bill Briggs , Senior Editor

Shutterfly Inc., a processor of online snapshots and retailer of personalized photo albums and stationery, reports strong growth in consumer and business-to-business sales.

For the third quarter of fiscal 2013 ended Sept. 30, Shutterfly, No. 49 in the 2013 Internet Retailer Top 500 Guide, reported:

“We are now managing a portfolio of seven consumer premium brands, along with our enterprise business, as we continue to augment our organic growth with strategic and disciplined acquisitions,” says Jeffrey Housenbold, president and CEO.

In April, Shutterfly bought MyPublisher, whose software enables consumers to create their own photo books. Shutterfly did not say how much it paid for MyPublisher, which launched in 1994 and has corporate offices in New York City and a printing facility in Elmsford, NY.

For the first nine months, Shutterfly reported:

Topics:

2013 Q3 earnings, Jeffrey Housenbold, MyPublisher, online photo processor, Shutterfly, Shutterfly earnings, Top 500

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