Hanover Direct Reports Earnings up in Fourth Quarter

Share this article:
Hanover Direct Inc., Weehawken, NJ, yesterday reported consolidated revenues of $169.2 million, an increase of 3.4 percent from $163.6 million for the same quarter in 1998.


Total 1999 revenues were reported at $549.9 million, a 0.7 percent gain from 1998's revenues of $546.1 million.


Hanover Brands -- its BTC subsidiary comprising its catalog and online portfolio of proprietary home fashions, apparel, general merchandise and gift brands -- reported income before interest and taxes of $5.4 million in the fourth quarter, bringing its 1999 income before interest and taxes to $10.4 million.


The cataloger publishes Domestications, The Company Store and Gump's By Mail catalogs.

This material may not be published, broadcast, rewritten or redistributed in any form without prior authorization. Your use of this website constitutes acceptance of Haymarket Media's Privacy Policy and Terms & Conditions