ValueVision International Inc., Minneapolis, had second quarter sales of $85.7 million, up from $57.9 million for second quarter 1999, and net income of $3.2 million, more than three times the $1 million level for the year-earlier quarter.For the first six months, the home shopping firm had sales of $166.7 million, up from $111 million, and net income of $6.4 million, down from $7.4 million. The quarter
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ValueVision International Inc., Minneapolis, had second quarter sales of $85.7 million, up from $57.9 million for second quarter 1999, and net income of $3.2 million, more than three times the $1 million level for the year-earlier quarter.
For the first six months, the home shopping firm had sales of $166.7 million, up from $111 million, and net income of $6.4 million, down from $7.4 million. The quarter ended July 31.
During the quarter the company's Internet sales grew 249% over the second quarter sales for 1999, and 55% over online sales for first quarter 2000.
