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The Right Start Inc

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CALIFORNIA | LOCAL
December 19, 2000
The Right Start Inc. reported net income of $1 million for the third quarter ended Oct. 28, contrasted with a net loss of $4 million for the same period last year. Revenue rose to $9.9 million from $8.8 million. The results are revised to reflect the issuance on Oct. 10 of 1.6 million shares of common stock of the company's subsidiary the RightStart.com to a new investor and 400 shares to an existing minority investor. The Right Start Inc. now owns 49.4% of the RightStart.com rather than 60.2%.
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CALIFORNIA | LOCAL
December 19, 2000
The Right Start Inc. reported net income of $1 million for the third quarter ended Oct. 28, contrasted with a net loss of $4 million for the same period last year. Revenue rose to $9.9 million from $8.8 million. The results are revised to reflect the issuance on Oct. 10 of 1.6 million shares of common stock of the company's subsidiary the RightStart.com to a new investor and 400 shares to an existing minority investor. The Right Start Inc. now owns 49.4% of the RightStart.com rather than 60.2%.
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BUSINESS
January 10, 1995
The Right Start Inc., a Westlake Village-based seller of apparel and other products for infants, said it has completed the previously announced sale of its Children's Wear Digest catalogue business. The sale generated $2.5 million in cash, The Right Start said. The sale agreement includes provisions for the company to continue telemarketing operations for the catalogue.
CALIFORNIA | LOCAL
September 19, 2000
The Right Start Inc., Westlake Village, reported a net loss of $3.6 million for the second quarter ended July 29 compared to a net loss of $2.7 million for the second quarter last year. Sales rose to $14.7 million from $10.7 million. Right Start sells developmental, educational and care products for infants and children through catalogs, 53 retail stores and an online store.
CALIFORNIA | LOCAL
September 19, 2000
The Right Start Inc., Westlake Village, reported a net loss of $3.6 million for the second quarter ended July 29 compared to a net loss of $2.7 million for the second quarter last year. Sales rose to $14.7 million from $10.7 million. Right Start sells developmental, educational and care products for infants and children through catalogs, 53 retail stores and an online store.
BUSINESS
August 11, 1992
The Right Start Inc., a juvenile products catalogue company in Westlake Village, has teamed with Reebok International Ltd.'s Weebok division, to launch a Weebok children's catalogue. Weebok is the children's apparel and footwear unit of the Stoughton, Mass., athletic shoe maker. The new catalogue will feature Weebok's complete line of infant and toddler apparel, footwear and accessories. It will be mailed nationally during the first quarter of 1993.
BUSINESS
September 20, 1994
The Right Start Inc., a Westlake Village children's clothing retailer, said its earnings for the first fiscal quarter that ended Aug. 24 were $55,000, down 70% from $184,000 for the first quarter last year. Revenues for the quarter were $14.47 million, down from $14.50 million in the same quarter a year ago. The company attributed the decline to weak sales from its summer catalogues.
CALIFORNIA | LOCAL
October 19, 1999
The Right Start Inc., Westlake Village, reported a net loss of $2.7 million for the second quarter ended July 31, compared to a net loss of $1 million for the same period last year. Revenue increased to $10.6 million from $8.8 million. The company markets high-end products for infants and toddlers through its retail stores, the Right Start catalog and its Web site--http://www.rightstart.com.
BUSINESS
June 23, 1992
The Right Start Inc., a Westlake Village-based juvenile products catalog company, said it has agreed to open a Right Start operation on a test basis in one of Rich's department stores in Atlanta. Rich's, which has 13 stores in the Atlanta area, is a division of Federated Department Stores Inc. Right Start said that beginning in September its merchandise will occupy 2,300 square feet of space in Rich's Lenox Square store in north Atlanta.
BUSINESS
March 15, 1994
The Right Start Inc. reported earnings of $155,000 for the third quarter ended Feb. 23, up from $146,000 for the same period in 1993. However, the company reported a loss of $186,000 for the first nine months, compared to earnings of $640,000 for the same period last year. Revenues increased 27% to $10.9 million for the third quarter, up from $8.5 million for the same period last year. Revenues for the year-to-date period were reported at $40.5 million, up from $28.
BUSINESS
May 20, 2000 | DEBORA VRANA, TIMES STAFF WRITER
Blaming volatile stock market conditions, Right Start Inc., a Westlake Village-based retailer of children's products, said Friday that it is withdrawing a planned first-time stock sale by its fast-growing Internet venture, Rightstart.com. The $60-million offering by the online retailer is one of many planned initial public offerings pulled or delayed in recent weeks. Others include AmericanGreetings.com, Total Sports and, also on Friday, Internet services out-sourcer Intira Corp.
CALIFORNIA | LOCAL
October 19, 1999
The Right Start Inc., Westlake Village, reported a net loss of $2.7 million for the second quarter ended July 31, compared to a net loss of $1 million for the same period last year. Revenue increased to $10.6 million from $8.8 million. The company markets high-end products for infants and toddlers through its retail stores, the Right Start catalog and its Web site--http://www.rightstart.com.
CALIFORNIA | LOCAL
March 16, 1999
The Right Start Inc., the Westlake Village retailer of clothes and other items for young children, said Monday that it has cut its losses and is making plans for a new presence on the Internet. For the fourth quarter ended Jan. 30, 1999, the company reported a net loss of $1.06 million, or 21 cents per share, compared with a net loss of $3.24 million or 64 cents per share in the year-ago quarter. The figures include a noncash accounting charge for debt discount amortization of $2.38 million and a noncash accounting gain of $1.18 million, both related to the company's previously announced recapitalization.
BUSINESS
September 29, 1998
After closing eight stores during the first half of 1998, Right Start Inc. reported reduced sales and narrowed losses for the six months that ended Aug. 1. For the six months, sales at the company, which markets products for infants and young children, were $17.8 million, against nearly $20 million for the same period in 1997. For the 1998 period, the company posted a net loss of $2.3 million or 23 cents per share, compared with a net loss of nearly $4 million or 46 cents per share last year.
BUSINESS
December 9, 1997
Right Start Inc. posted a wider loss in its third quarter that ended Nov. 1 despite a 5% rise in sales. The company posted a net loss of $2.1 million in the third quarter, compared to a loss of $1.9 million a year earlier; sales in the latest quarter were $9.2 million, up from $8.8 million a year earlier. For its nine-month period, Right Start posted a net loss of $6.0 million, compared to a loss of $5.4 million a year ago. Its sales for the ninth months fell slightly to $29.
BUSINESS
September 16, 1997
Right Start Inc. saw narrowed losses in its second quarter while its revenues increased 4%. The Westlake Village-based retailer of children's products posted a net loss of $1.9 million for the quarter that ended Aug. 2, compared with a loss of $2.9 million a year earlier. Sales in the latest quarter increased to $10 million from $9.6 million a year ago. For the six months, Right Start posted a net loss of $3.9 million, up 12% from a net loss of $3.5 million a year ago.
BUSINESS
December 15, 1992
The Right Start Inc., a Westlake Village marketer of children's items by catalogue, said its fiscal second-quarter profit fell 23% from a year earlier despite a 55% jump in revenue. In the quarter ended Nov. 25, Right Start's net income fell to $204,000 from $266,000 a year earlier, even though its revenue climbed to $10.1 million from $6.55 million.
BUSINESS
October 22, 1991
The Right Start Inc., a mail-order marketer of children's merchandise, has completed an initial public stock offering that provided the Westlake Village company with $11.5 million in gross proceeds. Two million common shares of Right Start were offered to the public last week for $5.75 a share. The stock was offered by American Recreation Centers Inc., a Sacramento-based concern that formerly owned all of Right Start.
BUSINESS
June 3, 1997
Right Start Inc. saw its losses widen in its first quarter while sales fell by 8%. The Westlake Village-based retailer of children's products posted a net loss of $1.98 million in the quarter that ended May 3, compared with a loss of $554,000 a year earlier. Sales in the latest quarter fell to $9.9 million, down from $10.8 million in the same period a year earlier. The sales decline was due to a $3-million drop in the company's catalog sales in the first quarter.
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