Sharper Image's Q1 Same-Store Sales Dip 16 Percent

Share this article:
Sharper Image Corp., San Francisco, reported yesterday a net loss of $4.6 million for its first quarter ended April 30. Last year, the multichannel specialty retailer reported net earnings of $1.9 million in its first quarter.


Also, Sharper Image said its revenue totaled $144.9 million in the quarter, a 7 percent drop from last year. Same-store sales decreased 16 percent for the period.


Catalog/direct marketing sales totaled $39.7 million, a 12 percent decline. Internet sales alone totaled $23.2 million, a 12 percent drop.


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

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.

If You Build It, They Will Engage

If You Build It, They Will Engage

Construction materials manufacturer USG revamps its image using targeted, multichannel efforts aimed at customers and employees.