Martha Stewart Living Omnimedia Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, revenues were $49.8 million compared to $66.5 million in the third quarter of 2008. The decrease in revenue is primarily attributable to declines in advertising revenue and lower merchandising revenues partially due to the final revenue true-up from Sears Canada in last year's third quarter. Operating loss was $11.7 million, compared to $3.5 million for the third quarter of 2008. Adjusted EBITDA loss was $5.6 million, compared to Adjusted EBITDA of $0.6 million in the prior-year period. The third quarter of 2008 included charges related to staff reductions and other non-recurring corporate costs, which negatively impacted the operating loss by $3.5 million and Adjusted EBITDA by $3.2 million. Net loss was $12.11 million compared to $3.74 million for the same period last year. Net loss per share was $0.22 compared to $0.07 for the third quarter of 2008. Loss before income taxes was $11.68 million compared to $3.44 million for the same period last year. For the nine months, net loss was $35.33 million or $0.66 per basic and diluted share on total revenue of $157.21 million compared to net loss of $7.65 million or $0.14 per basic and diluted share on total revenue of $211.46 million for the same period last year. Loss before income taxes was $34.14 million compared to $7.06 million for the same period last year. Operating loss was $33.27 million compared to $6.35 million for the same period last year. Adjusted EBITDA loss was $7.81 million compared to Adjusted EBITDA of $4.63 million for the same period last year.

Martha Stewart Living Omnimedia Inc. announced capital expenditure of $4.5 million for the third quarter of 2009. Regarding capital expenditures, the company announced that it will go back to a normal level next year of what the company said before, around $2.5 million. For the fourth quarter of 2009, the company expects capital expenditure to be probably another $2.5 million to $2.75 million.

Martha Stewart Living Omnimedia Inc. announced that it has partnered with The Hain Celestial Group Inc. and its affiliate Hain Pure Protein Corporation to introduce a new Martha Stewart-branded food line at retail, including poultry from Plainville Farms®, baking mixes from Arrowhead Mills® and dried pastas from DeBoles® using all natural, healthy ingredients. The product lines are expected to be distributed in supermarkets, mass-market retailers and warehouse clubs across the country. The new Martha Stewart-branded products will launch with limited distribution of fresh and frozen vegetarian-fed and antibiotic-free turkeys from Hain Pure Protein's Plainville Farms in time for Thanksgiving 2009, including online availability via http://www.marthastewart.com/turkey. The launch of the turkey products will be followed by natural baking mixes from Arrowhead Mills and dried pastas from DeBoles in Spring 2010, expanding the gourmet quality of the natural baking mixes and dried pastas using recipes from Martha Stewart. The new offerings extend MSLO's relationship with Hain Celestial, which is producing Martha Stewart Clean, a branded line of all-natural cleaning solutions that is expected to launch next month.