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.


This material may not be published, broadcast, rewritten or redistributed in any form without prior authorization. Your use of this website constitutes acceptance of Haymarket Media's Privacy Policy and Terms & Conditions