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9-19-13 HARRY & DAVID REPORTS PROFITS

Sep 19, 2013 -- 7:06am

TWO YEARS AFTER EMERGING FROM CHAPTER 11 BANKRUPTCY HARRY & DAVID IS ANNOUNCING A PROFIT OF $13,000,000.00 IN THEIR 2013 FISCAL YEAR. THE MEDFORD-BASED GIFT AND GOURMET FOOD COMPANY REPORTED REVENUES OF $380,000,000.00 WITH A SALES GROWTH OF 6%. HARRY AND DAVID LET GO OF 22 WORKERS THIS PAST SPRING, INCLUDING SOME SENIOR MANAGEMENT AS PART OF AN ORGANIZATIONAL RE-DESIGN UNDER CEO CRAIG JOHNSON. THE MOVE WAS DESIGNED TO STABILIZE THE COMPANY, AND BRING IT BACK INTO THE BLACK.  
 

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