Sharper Image Store Sales Slip 45% for September

Share this article:
Sharper Image Corp. announced yesterday that its September sales at stores open at least one year declined 45 percent.


The company cited the Sept. 11 terrorist attacks as having disrupted sales and expected a greater third-quarter loss than originally forecast.


Company sales during the month plummeted 30 percent to $21.4 million from $30.3 million last year. Sales declined in all channels, including stores, catalogs and the Internet.


Sharper Image, San Francisco, faces daunting comparisons with last year's sales increase, which was, for the most part, connected to sales of then-trendy scooters.


The company expects its net loss for the quarter ending Oct. 31 to range from 30 cents to 35 cents per share. Analysts had estimated a loss of 13 to 30 cents with the mean estimate at 21 cents, according to Thomson Financial/First Call.


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

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.

Wine.com Uncorks New Digital Marketing Opportunities

Wine.com Uncorks New Digital Marketing Opportunities

The online wine retailer's strategy incorporates different flavors and depths.