Friday, August 1, 2014

Geeknet (GKNT) Reports 2Q'14 Results (Crash To New 52-Week Low)

Geeknet (GKNT) reported 2Q'14 results prior to the market opening today (02014.08.01). GKNT promptly crashed to a new 52-week low of $11.75. Previous close: $12.55.

Also today (02014.08.01), Geeknet announced it had acquired Treehouse Brand Stores.

Miscellaneous tidbit mined from the press release...

"To celebrate our fifteenth anniversary, but more importantly to improve the customer experience, ThinkGeek has launched a major brand refresh campaign including the redesign of our web site," said Katy McCarthy, Chief Executive Officer.

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