Adam & Eve Posts Q1 Profit

HILLSBOROUGH, N.C. — Despite the overall slumping economy, adult retail and distribution giant Adam & Eve posted a profit in the first quarter of this year. Sales were reportedly up, which spiked profits nearly 30 percent from the first quarter of last year.

“We are pleased to be able to succeed in these uncertain times,” Chad Davis, director of marketing for Adam & Eve, said. “We attribute this upswing to our success in transitioning our business from print to web, and to improving our efficiencies in the online marketing area.”

Digging a bit deeper into the numbers, the company’s sales from January to April generated via email almost doubled. Sales increased 65 percent from radio and new media advertising, while sales produced by Adam & Eve’s venerable mail order catalog were “down considerably” due to cutbacks in its mailing frequency.

“Smarter marketing along with our deep and broad product line gave us a very good first quarter,” Davis said. “We are finding that our online marketing is more efficient than print. This gave us a lower advertising expenditure for the first quarter, which affected the bottom line.”

Adam & Eve has been in business for nearly 40 years and has serviced more than 10 million customers.

Copyright © 2024 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

MYLF Drops New Feature 'The House Bunny' for VIP Members

MYLF has released the full version of its latest feature, "The House Bunny," starring April MYLF of the Month Bunny Madison, exclusively for its VIP subscribers.

Baby Gemini Stars in Latest Release From Ricky's Room

Baby Gemini stars with Damion Dayski in "One Ticket to Pound Town," from Ricky's Room.

Oxballs Debuts 'Glowsling' LED Cocksling

Oxballs has introduced its new Glowsling light-up LED cocksling.

Molly Little Headlines 1st Installment of Seth Gamble's 'Luminati'

LucidFlix has released the debut installment of "Luminati," the new cinemacore directing collaboration between reigning XBIZ Performer of the Year Seth Gamble and Siren Obscura, starring Molly Little.

Emma Rose Stars in 'Shifting Gears' From TransAngels

Reigning and two-time XBIZ Trans Performer of the Year Emma Rose stars with Tony Genius in "Shifting Gears," from TransAngels.

Holiday Products Signs Distro Deal With Emojibator

Holiday Products has signed a distribution deal with pleasure brand Emojibator.

Bella Rolland Toplines 'The Sex Impulse' From Sweet Sinner

Bella Rolland headlines "The Sex Impulse," the latest release from Mile High Media studio brand Sweet Sinner.

SWPA to Hold Facebook Live Event Next Month

The Sexual Wellness Professionals Alliance (SWPA) will be holding a Facebook Live event on May 1 at 6 p.m. (PDT).

Adult Time Partners With Animation Studio 3DGspot

Adult Time has signed a deal to stream content from animation studio 3DGspot.

Honey Play Box Signs Canadian Distro Deal With EP Products

Honey Play Box has signed a deal with Canadian distributor EP Products.

Show More