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September 4, 2007By Michael Cader

Lunch for Tuesday, September 4

September 4, 2007By Michael Cader

Sales and Profits Slide at RH (and Bertelsmann) Bertelsmann reported sales for the first half of their fiscal year of 8.96 billion euros, down 180 million euros from a year ago, and they swung to a net loss of 51 million euros, against a net profit of 258 million euros a year ago. The company says it was “considerably impacted by the Napster settlement agreements and other special items.” Sales at Random House were 832 million euros ($1.130 billion), down from 859 million euros a year ago, with operating EBIT (the company’s current preferred measure of profitability) of 44 million […]

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