Damark to Report Losses

Share this content:
Relationship marketer Damark International, Minneapolis, expects to report operating losses in the third and fourth quarters because of substantial investments in its growing membership services business.


Analyst estimates are for a loss per share of 13 cents for the third quarter ending Sept. 26 and earnings per share of 33 cents in the fourth quarter. Those figures compare with EPS of 9 cents and 35 cents respectively for the same quarters in 1997.


Damark chairman/CEO Mark Cohn projects the company's membership program, which had 1.4 million members as of June, to approach 2 million by year's end.

Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above