Quixtar reports flat web sales for fiscal 2005

InternetRetailer.com - Daily News for Friday, November 4, 2005

Quixtar Inc. is reporting essentially flat web sales for its 2005 fiscal year. In 2005, the web generated sales of $753 million, up less than 1% from sales of $748 million in fiscal 2004, the company says.

Overall the web accounted for about 70% of total sales of $1.1 billion in 2005, compared to 2004 when the Internet accounted for 68% of total sales of about the same amount.

D'oh!

70% is $753M in 2005
Total sales in 2005 is $1075 M?

68% is $748M in 2004
Total sales in 2004 was $1100 M

Loss of 2$5M in sales.

So no team exploded? Or some exploded, more collapsed? What about new diamonds? Where does there volume go? Or some old diamonds fell from qualification? As my friend lawDawg said, same old same old.

It's fine IMO from corporate point of view. For a company to almost keep it total sales is not bad. Just tell prospects that. Don't lie "It's exploding" when it's not.

Company is telling that. It's Motivational Organizations that are in habit of lying.