Sharper Image Posts Increases in Catalog, Internet Sales

Share this article:
The Sharper Image reported better-than-anticipated first-quarter results yesterday, with catalog sales increasing by a hefty 48 percent.


The San Francisco-based retailer reported catalog sales of $18 million compared with $12.2 million in the year-ago quarter. Internet sales also saw a 15 percent lift to $9.7 million, compared with $8.4 million in the same period last year.


The Sharper Image, however, reported a net loss of $2.8 million, compared with a net income of $105,000 in the year-ago quarter.


Total revenues for the quarter, which ended April 30, increased 15 percent to $69.8 million, from $60.9 million in last year's first quarter. However, comparable-store sales decreased by 1 percent.


Share this article:
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Multichannel Marketing

Generating Loyalty for Brands and Retailers in an Omnichannel World

Generating Loyalty for Brands and Retailers in an ...

Harnessing personas, loyalty programs, and new technologies can help marketers better connect with customers.

News Byte: Salesforce Forms Unit to Focus on Verticals

News Byte: Salesforce Forms Unit to Focus on ...

The industries business unit, led by ex-White House CIO Vivek Kundra, will serve six industry groupings.

Columbia U. Puts the "Do" in "Donation"

Columbia U. Puts the "Do" in "Donation"

Columbia University raises nearly $7 million in donations in just 24 hours with a combination of social media, live events, and gamification.