ValueVision Q2 2009 Earnings Call Transcript

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2009-08-19 12:34:24.0

Tags: Call Transcript, Earnings, Transcript, Financial Accounting, Internet, Finance, Seeking Alpha, ValueVision Media Inc.

Question-and-Answer Session

Operator

(Operator Instructions) Our first question comes from [Bob Johnson]. Sir your line is now open.

Bob Johnson

The question I have is, you mentioned that EBITDA was positive in July. Do you think that trend is going to continue in Q3 and Q4?

Keith Stewart

We are not providing guidance at this time. However, as I mentioned during the comments on the call, we are very pleased with the building blocks that we have laid in Q2 and we've seen sequential improvement in the topline, but don't get too excited. We have got a lot of work to do and thanks to the great team here at ShopNBC and the vendor community, we will continue our progress throughout.

Operator

Our next question comes from Mr. [Charles Burnside].

Charles Burnside

The question I have is I noticed an awful lot of inside buying in the month of July. Was that a reflection of confidence or were there other mitigating circumstances?

Keith Stewart

I cannot speak for others, but I can speak for myself that I would eat my own cooking. Thank you very much for your questions and I hope you enjoy the rest of your summer.

Operator

Thank you for joining today's conference call. You may disconnect at this time.

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