Sharper Image Revenues Fall in 3Q

Share this article:
Sharper Image Corp.'s total revenues plummeted 24 percent during the fiscal third quarter, which ended Oct. 31.


The total for the quarter was $77 million compared with last year's $101.1 million, which was a 68 percent increase over the prior year's third quarter.


Catalog sales fell 11 percent to $22.8 million from last year's $25.5 million, which represented a 43 percent increase over the previous year. Internet sales plunged 29 percent to $9.7 million from last year's $13.7 million, which was a 158 percent jump over the previous year's third quarter. When auction sales are excluded, Internet sales dropped 15 percent during the third quarter.


Total store sales fell 28 percent to $41.8 million compared to last year's $58.2 million, which was a 68 percent increase above the prior third quarter. Comparable store sales fell 36 percent while the total during the prior year's third quarter had increased 66 percent. When sales of Razor Scooters are excluded from the totals, comparable store sales fell only 1 percent.


Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Multichannel Marketing

7 Ways to Take Your Marketing Strategy to the Big Leagues

7 Ways to Take Your Marketing Strategy to ...

A game-winning omnichannel strategy must be seamless, synchronous, and symbiotic.

Pet World's Multichannel Marketing Is a Whole Other Animal

Pet World's Multichannel Marketing Is a Whole Other ...

The family owned pet store redesigns its website to bring the in-store experience online.

Complexity's What Marketers Got, Simplicity's What They Want

Complexity's What Marketers Got, Simplicity's What They Want

Customer insights managers want campaign management tools to remain easy to use, even as they up their games with multi-layered campaigns.