HSNI Profile
HSN, Inc., a leading interactive multichannel retailer that offers innovative, differentiated retail experiences on TV, online, in catalogs, and in brick-and-mortar stores. HSN operates two business segments: HSN and Cornerstone.
The HSN segment sells products across a wide range of categories, including jewelry, fashion, beauty, health and wellness, home and electronics, and culinary. It reaches millions of customers through HSN TV, HSN.com, and HSN mobile apps.
The Cornerstone segment includes leading home and apparel lifestyle brands including Ballard Designs, Frontgate, Grandin Road, Garnet Hill, and Improvements. Cornerstone's products are sold through catalogs, e-commerce sites, and retail stores.
HSN has a history of innovation and has been a pioneer in interactive, multimedia retailing. Its proprietary platforms, including HSN Live and HSN Arcade, offer customers unique shopping experiences that can't be found elsewhere. The company is also focused on leveraging data and analytics to enhance the customer experience and drive growth.
HSN has a strong financial profile, with solid revenue and earnings growth over the past several years. The company has a strong balance sheet and generates strong free cash flow, which it has used to return capital to shareholders through share buybacks and dividends.
Overall, HSN is a well-established and innovative retailer that has a strong financial profile and a solid track record of growth. As the retail landscape continues to evolve, HSN is well-positioned to continue to adapt and grow.
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